Sale4 Feb 2025, 11:48 pm
Mahindra Lifespace Developers Sells Commercial Property in Delhi for Rs 29.50 Crores
AI Summary
Mahindra Lifespace Developers Ltd. has sold a commercial property situated at Bhikaji Cama Place, Delhi, admeasuring approximately 936 square meters to Zenith Infra Assets Private Limited for a total consideration of Rs 29.50 crores. The sale was completed on 4th February 2025. The property generated a rental income of Rs 270.98 Lakhs and contributed 5% to the company's turnover or revenue or income during the last financial year.
Key Highlights
- Mahindra Lifespace Developers sells a commercial property in Delhi for Rs 29.50 crores.
- The property, situated at Bhikaji Cama Place, Delhi, is approximately 936 square meters in size.
- The property was sold to Zenith Infra Assets Private Limited, a private limited company engaged in contractual construction and rental business.
- The sale was completed on 4th February 2025.
- The property generated a rental income of Rs 270.98 Lakhs and contributed 5% to the company's turnover or revenue or income during the last financial year.