Mahindra Lifespace Recognized as Global GRESB Sector Leader 2025
Mahindra Lifespaces Achieves 5-Star GRESB Recognition for Sustainability Leadership
Mahindra Lifespace Developers Limited has been recognized as a Global and Regional Sector Leader by GRESB under the Development Benchmark category for 2025. The company achieved a 5-star rating with a score of 100/100, ranking 4th amongst listed entities, 7th in Asia, and 4th among Indian peers in the residential development benchmark category.
Understanding the GRESB Recognition
GRESB stands for the Global Real Estate Sustainability Benchmark, introduced in 2009 by a group of leading pension funds who wanted better insights into the ESG performance of their real estate investments. The GRESB development benchmark score is specifically designed to evaluate the ESG efforts during various phases of development projects.
Mahindra Lifespaces also secured the 1st rank in Public Disclosure in Asia for the fifth year, with a score of 100/100 and an A rating. This consistent recognition underscores the developer's commitment to transparent reporting of its environmental, social, and governance practices.
The Developer's Sustainability Footprint
Established in 1994, Mahindra Lifespace Developers brings the Mahindra Group's philosophy of 'Rise' to India's real estate and infrastructure industry. The company's development footprint spans 53.65 million sq. ft. (saleable area) 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.
With a 100% Green portfolio since 2014, the Company is working towards carbon neutrality by 2040 and actively supports research on green buildings tailored to climatic conditions in India.
Net Zero Commitment and Innovation
As a pioneer in Net Zero homes in India, Mahindra Lifespaces is committed to building only Net Zero homes from 2030 onwards. The company has already launched India's first three Net Zero residential developments: One Net Zero Energy and two Net Zero Energy+ Waste, showcasing its dedication to environmental responsibility and innovation.
Industry Recognition
Mahindra Lifespaces is the recipient of over 90 awards for its projects and ESG initiatives. According to GRESB CEO Sebastien Roussotte, GRESB Sector Leaders exemplify success in action and set the pace for the industry, translating strong governance and operational excellence into real-world performance and long-term value.