Crafting Life

[Virtual Presenter] We are going to be discussing the balanced business model of Mahindra Life Spaces today which focuses on three different verticals. We will be going through the various implications for the organization investors and stakeholders. Let's begin by looking at the slides..

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[Audio] Mahindra Life Spaces has a unique business model that is composed of three elements: mid-premium affordable housing and integrated cities and industrial clusters. This enables us to minimize the financial risk to our organization its investors and stakeholders. Our residential projects are especially commendable offering the best value for the money. This translates to a win-win situation for everyone involved. We have a wide presence in metropolitan cities like Chennai Ahmedabad Pune and North Chennai as well as integrated cities and industrial clusters..

[Audio] Mahindra Life Spaces is a leading name in the mid-premium and affordable housing and IC&IC sectors in India. With its operations spread across various cities it has developed four flagship integrated cities and industrial clusters. M-W-C Chennai is its first such project located in partnership with tidco with a total gross area of 1524 acres 60 kilometers from the city. M-W-C Jaipur is its second project situated 20 kilometers from the city and in partnership with R-I-I-C-O with an I-T Park known as 'eVolve' and a total gross area of 3000 acres. Origins Chennai was developed 35 kilometers from the city in collaboration with Sumitomo and has a total gross area of 307 acres. Origins Ahmedabad located 75 kilometers from the city was developed in partnership with I-F-C and has a total gross area of 340 acres. Origins Pune will be the fifth with a gross planned area of 500 acres..

[Audio] Our products and services encompass two distinct categories: integrated cities and industrial clusters. Integrated cities are designed to enable sustainable urbanization offering a comprehensive range of housing commercial and retail opportunities. Industrial clusters offer the perfect environment for large-scale industrial commercial and manufacturing projects thus providing investors with the opportunity to develop and manage lucrative ventures and create valuable returns for all involved..

[Audio] Mahindra Lifespaces has partnered with M-W-C Chennai and Infosys Campus MWC Jaipur to build 85 and 130 homes respectively and has also undertaken projects for Origins Chennai Origins Ahmedabad B-M-W Central Avenue J-C-B DTA Zone NH Access and Planned Construction. Mahindra Lifespaces has delivered operational homes to 63 customers in M-W-C Chennai 76 in M-W-C Jaipur and 3 in Origins Chennai..

[Audio] Mahindra Life Spaces has a robust business model that ensures financial stability for the organization investors and stakeholders. We remain committed to keeping our business model responsive to the changing dynamics of the real estate market. Our focus on customer satisfaction is a part of our commitment to deliver excellence in every way. We thank you for your time and attention..