Three Realty Stocks in Focus Amid Major Land Acquisitions and Project Launches
Mahindra Lifespace Developers Ltd has secured a 13.46-acre land parcel in Pune's Nande-Mahalunge area, with a development potential of Rs 3,500 crore. The company also emerged as the preferred partner for redeveloping four residential societies in Mumbai's Malad (West), adding Rs 800 crore to its pipeline.
Prestige Estates Projects Ltd marked its Delhi-NCR debut with the launch of 620 flats in Ghaziabad, targeting Rs 2,200 crore in revenue. The Bengaluru-based developer's 62.5-acre township signals aggressive expansion into northern markets.
Lodha Developers Ltd acquired a strategic land parcel in the Mumbai Metropolitan Region, paving the way for a Rs 2,300 crore housing project. The deal fulfills the firm's FY26 target of securing land with Rs 25,000 crore revenue potential.