Mumbai, July 23, 2026 – Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development business of the Mahindra Group, announced its financial results for the quarter ended 30 th June 2026 today. In accordance with INDAS 115, Company recognizes its revenues on completion of contract method.

Key highlights

Q1 FY27:

● Consolidated Sales (Resi and IC&IC) of Rs 966 crore, 70% YoY growth

● Strong balance sheet and collections and profitability.

Commenting on the performance, Mr. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Ltd., said, “We have begun FY27 on a strong footing, delivering robust pre-sales growth and healthy profitability. Building on two consecutive years of over 18,000 Cr in GDV additions, we added 5,600 Cr of GDV in Q1 in the Mumbai region. Our IC&IC business enters Q2 FY27 with a strong pipeline, providing good visibility for growth. Supported by a healthy balance sheet, we remain well-positioned to pursue growth opportunities while maintaining financial discipline.”

Notes:

About Mahindra Lifespace Developers Ltd.

Established in 1994, Mahindra Lifespace Developers Ltd. (‘Mahindra Lifespaces’) brings the Mahindra Group’s philosophy of ‘Rise’ to India’s real estate and infrastructure industry through thriving residential communities and enabling business ecosystems. The Company’s development footprint spans 53.65 million sq. ft. (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities; and over 5000 acres of ongoing and forthcoming projects under development / management at its integrated developments / industrial clusters across four locations. Mahindra Lifespaces’ development portfolio comprises premium residential projects; value homes under the ‘Mahindra Happinest®’ brand; and integrated cities and industrial clusters under the ‘Mahindra World City’ and ‘Origins by Mahindra’ brands, respectively. The Company leverages innovation, thoughtful design, and a deep commitment to sustainability to craft quality life and business growth.

As a pioneer in Net Zero homes in India, Mahindra Lifespaces is committed to building only Net Zero homes from 2030 onwards. The company has already launched India’s first three Net Zero residential developments: One Net Zero Energy and two Net Zero Energy+ Waste, showcasing its dedication to environmental responsibility and innovation. With a 100% Green portfolio since 2014, the Company is working towards carbon neutrality by 2040 and actively supports research on green buildings tailored to climatic conditions in India. Mahindra Lifespaces® is the recipient of over 90 awards for its projects and ESG initiatives.

Learn more about Mahindra Lifespaces® at www.mahindralifespaces.com

Chennai, 22^nd July 2026: Mahindra Lifespace Developers Ltd. (MLDL), the real estate and infrastructure development arm of the Mahindra Group, through its joint venture company, Mahindra Industrial Park Chennai Limited (MIPCL), today announced the execution of a Second Supplemental Agreement between Sumitomo Corporation, Japan and Mahindra World City Developers Limited (MWCDL). This agreement is for the expansion of Origins by Mahindra in Chennai with the development of Phase 2B.

Mahindra Lifespaces and Sumitomo Corporation entered into a partnership in 2015 for Phase 1 of Origins by Mahindra in Chennai. The partnership further strengthened with the expansion into Phase 2A in 2024 and has now extended to Phase 2B in July 2026.

The agreement further sets out the framework for the acquisition, transfer and development of ~95 acres of land under Phase 2B. This will further strengthen the industrial ecosystem at Origins by Mahindra.

The combined area across all phases stands at ~540 acres. Building on the strong interest shown by Japanese manufacturers in establishing operations in India, the expansion is expected to support the next wave of global and domestic investments. This will reinforce Chennai's position as a preferred industrial and logistics hub.

Mr. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Ltd., said, "Our partnership with Sumitomo Corporation has played an important role in creating a high-quality industrial ecosystem that serves both global and domestic manufacturers. The execution of this Second Supplemental Agreement marks another milestone in our shared vision of expanding Origins by Mahindra. It reflects our commitment to creating future-ready industrial infrastructure that supports India's manufacturing growth and strengthens Tamil Nadu's position as a leading investment destination."

Mr Vikram Goel, Chief Business Officer – Industrial, Mahindra Lifespace Developers Ltd., said, “This expansion reinforces our commitment to strengthening Origins by Mahindra as the preferred destination for businesses seeking world-class infrastructure. It also offers an ecosystem designed for long-term growth.

The project will continue to leverage the combined strength of Mahindra Lifespaces and Sumitomo Corporation in developing integrated industrial parks that provide high-quality infrastructure, efficient planning and a conducive environment for businesses to establish and expand their operations.

About Mahindra Lifespaces Developers Limited

Established in 1994, Mahindra Lifespace Developers Ltd. (‘Mahindra Lifespaces’) brings the Mahindra Group’s philosophy of ‘Rise’ to India’s real estate and infrastructure industry through thriving residential communities and enabling business ecosystems. The Company’s development footprint spans 53.65 million sq. ft. (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities; and over 5000 acres of ongoing and forthcoming projects under development / management at its integrated developments / industrial clusters across four locations. Mahindra Lifespaces’ development portfolio comprises premium residential projects; value homes under the ‘Mahindra Happinest®’ brand; and integrated cities and industrial clusters under the ‘Mahindra World City’ and ‘Origins by Mahindra’ brands, respectively. The Company leverages innovation, thoughtful design, and a deep commitment to sustainability to craft quality life and business growth.

As a pioneer in Net Zero homes in India, Mahindra Lifespaces is committed to building only Net Zero homes from 2030 onwards. The company has already launched India’s first three Net Zero residential developments: One Net Zero Energy and two Net Zero Energy+ Waste, showcasing its dedication to environmental responsibility and innovation. With a 100% Green portfolio since 2014, the Company is working towards carbon neutrality by 2040 and actively supports research on green buildings tailored to climatic conditions in India. Mahindra Lifespaces® is the recipient of over 90 awards for its projects and ESG initiatives. Learn more about Mahindra Lifespaces® at www.mahindralifespaces.com

Mahindra Lifespaces and Mitsui Fudosan Group Announce Long-Term Joint Venture Partnership, Starting with Mahindra Blossom, Bengaluru

Bengaluru, 09 February 2026 – Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, today announced a joint venture with Mitsui Fudosan Group for the development of Mahindra Blossom, a premium residential project located in Whitefield, Bengaluru. This marks the first project under this strategic partnership. This long term partnership combines the strengths of two marquee organisations with a shared focus on long‑term value creation, while paving the way for potential future opportunities. Mahindra Blossom is a high‑rise residential development comprising approximately 730 homes, located near Hopefarm Channasandra Metro Station on the Namma Metro Purple Line. Positioned along one of Bengaluru’s leading IT and employment corridors, the project is the city’s fourth net zero waste residential development. It offers strong connectivity to major commercial hubs and easy access to established educational institutions, healthcare facilities, and social infrastructure. Commenting on the joint venture, Mr. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Ltd., said, “This joint venture with the Mitsui Fudosan Group marks a significant milestone for Mahindra Lifespaces. As Japan’s largest residential developer, Mitsui Fudosan sets global benchmarks in design, sustainability, and customer experience, and we look forward to integrating their best practices into the first joint project, Mahindra Blossom, one of our premium developments in Bengaluru. We are working towards expanding this partnership.” Mr. Daijiro Eguchi, Managing Director, Mitsui Fudosan (Asia) Pte. Ltd., said, “India represents a highly attractive residential market driven by strong economic fundamentals and rapid urbanisation. Mahindra Blossom marks Mitsui Fudosan Group’s entry into India’s residential sector, and we are pleased to partner with Mahindra Lifespace Developers Limited, a trusted developer known for its commitment to sustainable development. Together with Mahindra Lifespace Developers Limited, we aspire to create a marquee residential development, driven by innovation and inspired design, that seamlessly blends global standards of quality and sustainability with deep local insight, contributing to the long term evolution of India’s urban living environment.” The development will offer thoughtfully designed homes supported by a wide range of shared lifestyle amenities including a half‑Olympic size swimming pool, gym, badminton courts, jogging tracks, a pet park, and curated community spaces. Spread across 97,000 sq. ft. of amenities and nearly 4 acres of dedicated green and open spaces, the project is crafted to promote holistic and healthy living. Integrated retail within the development will further enhance everyday convenience, creating a well‑rounded living ecosystem designed to support modern urban lifestyles. Planned with a strong emphasis on sustainability and resource efficiency, Mahindra Blossom incorporates climate‑responsive design principles, energy‑efficient planning, and construction practices focused on on‑site waste segregation and recycling. These measures align with Mahindra Lifespaces’ broader commitment to developing environmentally responsible residential communities based on global best practices. The said transaction is subject to necessary approvals and satisfaction of customary conditions precedent. The partners also acknowledge the strategic counsel of Avinash Sule, Founder of Route78Partners, whose deep understanding of the Japanese and Indian real estate markets, together with his cross‑cultural expertise, played a vital role in building mutual trust, shaping the project’s governance framework, and aligning the long‑term objectives of this collaboration. About Mitsui Fudosan Mitsui Fudosan Co., Ltd. (MF) is a publicly traded company with approximately $66 billion (¥9.8 trillion, as of Sep. 2025) in assets, one of Japan's largest real estate companies. MF has pursued mixed-use neighborhood creation that integrates office buildings, retail facilities, logistics, hotels/resorts, and residentials across various areas in Japan. MF’s area of operations is not only in Japan; Mitsui Fudosan Group has been conducting business in major cities in North America, Europe, China, Taiwan, Southeast Asia, Australia, and India. The Group is continuously pursuing the business expansion through driving the evolution of neighborhood creation. Since its incorporation, Mitsui Fudosan Group has led the development of numerous markets through iconic mixed-use projects—such as the Nihonbashi Revitalization Plan, the TOKYO MIDTOWN series, and Kashiwa-no-ha Smart City in Japan—while also achieving significant growth in its overseas business across major cities in Europe, North America, and Asia by leveraging the know-how and management resources cultivated in Japan together with the strengths of its local partners. For more information on Mitsui Fudosan Co., Ltd., please visit

https://www.mitsuifudosan.co.jp/english/

  Sustainability in the Mitsui Fudosan Group Based on the meaning of its “& mark,” “to generate new value with society through cooperation, coexistence and co-creation, we forge ahead, innovating,” the Mitsui Fudosan Group views the “creation of social value” and the “creation of economic value” as two wheels of a cart. Accordingly, we believe that the creation of social value leads to the creation of economic value, and that this economic value then creates even greater social value. Moreover, we identified six Group Materiality priority issues when formulating our new management philosophy in April 2024. These Group Materiality priority issues are (1) Contribute to industrial competitiveness, (2) Coexist with the environment, (3) Health and Vitality, (4) Safety and security, (5) Diversity and inclusion, and (6) Compliance and governance. The Mitsui Fudosan Group will work to address each of the materialities through its core business activities and contribute to the promotion of sustainability.