Mahindra World Cities ranked as ‘Leaders’ by DPIIT
The IPRS 2.0 report maps 449 industrial parks and special economic zones across India, and rates them on multiple parameters such as External Infrastructure; Internal Infrastructure; Business Support Services; and Environment, Safety and Sustainability. Both MWC Chennai and MWC Jaipur have been acknowledged as top-performing industrial destinations in their respective regions and at an all-India level on the basis of these parameters.
The Mahindra World City developments in Chennai and Jaipur are pioneering integrated cities built in public-private partnership. These projects comprise large-format ecosystems that are self-contained, with co-located industrial, residential and commercial infrastructure. Spread over approximately 4500 acres, MWC Chennai and MWC Jaipur together encompass dedicated Special Economic Zones; Domestic Tariff Areas; and residential and social zones. Together, they have created direct employment for more than 69,000 persons so far.
The Mahindra World Cities provide a safe and sustainability-focused business environment that helps companies mitigate business risk. MWC Chennai is India’s first IGBC ‘Gold’ Certified Township and India’s first operational corporate Special Economic Zone. It’s also the first integrated city in India to receive third-party Zero Waste to Landfill (ZWL) certification. Mahindra World City, Jaipur is the first project in Asia to receive Climate Positive Development Stage 2 Certification from the C40 Cities Climate Leadership Group, a global network of large cities taking action to address climate change. Other environment-friendly initiatives taken up at the Mahindra World Cities encompass energy-efficient ‘green’ buildings; electric mobility infrastructure; solar PV rooftops; an off-grid solar power plant; tree plantation drives; waste management; and water conservation measures.
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 27.4 million sq. ft. (2.5 million sq. m.) 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 mid-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.
The first real estate company in India to have committed to the global Science Based Targets initiative (SBTi), all Mahindra Lifespaces’ projects are certified environment friendly. With a 100% Green portfolio since 2013, 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 80 awards for its projects and ESG initiatives. Learn more about Mahindra Lifespaces® at www.mahindralifespaces.com
About MahindraFounded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.
The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-roomLearn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room
For further enquiries please contact:Shalini Bhattacharya,
Mahindra Lifespace Developers Ltd.
Email: [email protected]