Mahindra Lifespace Developers Limited

rs,

April 26, 2025 BSE Limited Corporate Services, Piroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 National Stock Exchange of India Limited Exchange Plaza, Bandra K

, MW

es / joint ventures / associates engaged in the real estate business (mainly MLDL, MHPL, MBDL, MHDL, MWCDL, MWCJL, MIPCL & MIPPL). 1 NewHaven, Bengaluru MLDL Strategic Update RERA Reg No: PRM/KA/RERA

Rs 45

well-defined strategy Bold ambition Drive profitable growth to 8K - 10K Cr sales (GDV addition of Rs 45K Cr) 1 Well-engineered portfolio choices Depth in 3 core markets (MMR, Pune, Bengaluru) Focus on

Rs 9.25

ogress on GDV in the last 2 years Cumulative GDV (Rs Cr) 39,000 10,200 FY17-23 GDV Acquired: Rs 9.25K Cr in 6 years Key Changes: • • Quicker turnaround • Focus on large deals and premium locations

Rs 22.5

m locations Early look-in to potential transactions (first port of call) FY24&25 GDV Acquired: Rs 22.5K Cr in 2 years 6 70-80% of required land secured 33,850 33,850 45,000 Rs Cr GDV Acquired:

rs 6

ook-in to potential transactions (first port of call) FY24&25 GDV Acquired: Rs 22.5K Cr in 2 years 6 70-80% of required land secured 33,850 33,850 45,000 Rs Cr GDV Acquired: ~Rs 39,000 Cr 2,950

80%

potential transactions (first port of call) FY24&25 GDV Acquired: Rs 22.5K Cr in 2 years 6 70-80% of required land secured 33,850 33,850 45,000 Rs Cr GDV Acquired: ~Rs 39,000 Cr 2,950 2,20

Rs 39,000

Cr in 2 years 6 70-80% of required land secured 33,850 33,850 45,000 Rs Cr GDV Acquired: ~Rs 39,000 Cr 2,950 2,200 Current Inventory as of 31st Mar 25 (A) Future Phases of Current Projects (B)

Rs 11000

adel Commercial (530) • Lakewoods (230) • Chennai plotted (200) • Others (190) Other key projects (Rs 11000 Cr) • Thane (7500) • Pink, Jaipur (2000) • Murud (1500) Pre FY24 (Rs 550 Cr) • Santacruz West, Mumb

Rs 550

0) Other key projects (Rs 11000 Cr) • Thane (7500) • Pink, Jaipur (2000) • Murud (1500) Pre FY24 (Rs 550 Cr) • Santacruz West, Mumbai (550) FY24-- (Rs 3050 Cr) • Navy (Malad), Mumbai (1000) • Hopefarm, Be

Rs 3050

• Pink, Jaipur (2000) • Murud (1500) Pre FY24 (Rs 550 Cr) • Santacruz West, Mumbai (550) FY24-- (Rs 3050 Cr) • Navy (Malad), Mumbai (1000) • Hopefarm, Bengaluru (1800) • Whitefield, Bengaluru (250) FY25++

Rs 19250

) • Navy (Malad), Mumbai (1000) • Hopefarm, Bengaluru (1800) • Whitefield, Bengaluru (250) FY25++ (Rs 19250 Cr) • SaiBaba (Borivali), Mumbai (1800) • NewHaven, Bengaluru (250) Bhandup, Mumbai (12400) • Navr

“of proj.) / Sales IRR Upto FY18 (6) | ~Rs 3,000 Cr 3% Affordable (6) | ~Rs 2,500 Cr 9% Premium (17) | ~Rs 13,000Cr 18% FY19 – FY21 (6) | ~Rs 2,500Cr FY22 (3) | ~Rs 1000 Cr FY23 (3) | ~Rs 4,000 Cr 10% 10% 21% FY24 (5) | ~Rs 5,000 Cr 26% 11 We are tracking Project IRRs through rigorous mechanism 12 Healthy cashflows from our planned launches* Rs Cr 6,800 10,550 2,330 1,220 200 Ready to move Inventory Ongoing Projects (incl.”

“Cr) 1,086 0.85 1,019 1.17 1,055 1.03 397 0.53 334 0.45 540 412 188 459 466 366 74 117 131 182 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Launches (msft) Completions (msft) 2.73 1.55 0.27 0.42 0.67 0.90 0.56 0.10 0.09 Nil Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Note: All figures correspond to MLDL and associates, including JD partner share & commercial units that are part of residential development wherever applicable.”

“| #Project under Joint Development (JD).”

“| #Project under Joint Development (JD).”

“Ongoing: projects where (i) all title or development rights, or other interest in the land is held either directly or indirectly by the Company/subsidiaries of the Company/joint ventures of the Company/consolidated partnership firms of the Company; (ii) if required, all land for the project has been converted for the intended use; (iii) the requisite approvals for commencement of construction have been obtained c.”

“Science Based Target Initiative Special Economic Zone Task Force on Climate related Financial Disclosure Tamil Nadu Industrial Development Corporation Ltd.”

GDV Acquired

2

Key Changes

1

Acquired

1

Classification of projects is as under

1

Key Changes

• • Quicker turnaround • Focus on large deals and premium locations Early look-in to potential transactions (first port of call) FY24&25

Acquired

~Rs 39,000 Cr 2,950 2,200 Current Inventory as of 31st Mar 25 (A) Future Phases of Current Projects (B) Pipeline Projects to be launched (C) Total GDV Potential (A+B+C) • IvyLush Ph 1 & Ph 2 • Vista Ph1 and Ph2 • Citadel • Tathawade • Nestalgia • Alcove • Others • Citadel Ph 3 (1050) • Citadel Commercial (530) • Lakewoods (230) • Chennai plotted (200) • Others (190) Other key projects (Rs 11000 Cr) • Thane (7500) • Pink, Jaipur (2000) • Murud (1500) Pre FY24 (Rs 550 Cr) • Santacruz West, Mumbai (550) FY24-- (Rs 3050 Cr) • Navy (Malad), Mumbai (1000) • Hopefarm, Bengaluru (1800) • Whitefield, Bengaluru (250) FY25++ (Rs 19250 Cr) • SaiBaba (Borivali), Mumbai (1800) • NewHaven, Bengaluru (250) Bhandup, Mumbai (12400) • Navrat, Bengaluru (1000) • Mahalaxmi, Mumbai (1650) • Lokhandwala, Mumbai (2150) 7 Aggressive scale-up planned (Resi 14x in 10 years) Residential IC&IC 859 189 670 FY20 3,299 495 2,804 FY25 Rs Cr 10,000 500 9,500 FY30 • Plan to achieve Rs 10K Cr of sales by FY30 • Operating

Classification of projects is as under

b. Ongoing: projects where (i) all title or development rights, or other interest in the land is held either directly or indirectly by the Company/subsidiaries of the Company/joint ventures of the Company/consolidated partnership firms of the Company; (ii) if required, all land for the project has been converted for the intended use; (iii) the requisite approvals for commencement of construction have been obtained c. Future Phases: projects in respect of which (i) all title or development rights or other interest in the land is held either directly or indirectly by the Company/subsidiaries of the Company/joint ventures of the Company/consolidated partnership firms of the Company; (ii) if required, applications have been made for conversion of use for the land for the intended use; (iii) preliminary management development plans are in place; and (iv) architects have been identified d. Pipeline Projects: land in which any of the Company/subsidiaries of the Company/joint ventures of the C