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« HCC to Invest In Townships | Home | Tanishq bags four awards »

M&M to invest in IT and Real estate

Mahindra and Mahindra is all set to foray into the real estate market. Speaking on the sidelines of a programme organised by the Ladies Study Group at a city hotel, Mr Anand Mahindra, vice-chairman and managing director of Mahindra and Mahindra Limited said that Mahindra Limited does not have any immediate plan to invest here through its regular brands.

“Investment in IT and real estate through our group companies like Mahindra Life Space and Mahindra World City will probably be our flagship ventures in the state,” he said. While Mahindra Life Space deals mainly with developing residential areas, Mahindra World City Developers Limited focuses on setting up SEZs.

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