Realty firm Mahindra Lifespace Developers joined hands with SBI on Tuesday, so that customers can get loans easily. (Token picture)

Realty firm Mahindra Lifespace Developers joined hands with SBI on Tuesday, so that customers can get loans easily.

January 12, 2021, 7:18 PM IST

new Delhi: Realty firm Mahindra Lifespace Developers joined hands with SBI on Tuesday, so that customers can get loans easily. The company has also done signatures on the MoU today. After this agreement of the company, both employees and customers will get the facility of homelone with special discounts. Mahindra Lifespace and SBI have signed the deal to give homebuyers a better experience across the country.

According to the agreement between the company and the bank, it includes co-promotional activity and outreach initiative, through which special facilities will be provided to the customers. Along with this, special discounts will also be provided by the company.

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Company CEO gave informationArvind Subramanian, managing director and CEO of Mahindra Lifespace Developers said, the company has partnered with State Bank of India to make Mahindra’s homes easily accessible to customers and employees of both companies.

Srikanth, Chief General Manager of State Bank of India and head of real estate vertical, said, ‘State Bank of India has already approved projects of MMindra, Mahindra Lifespace in Bengaluru, Pune, Chennai and Nagpur. With this partnership, the expenses on TIR and valuation for homebuyers approved projects can be saved.

Let us tell you that in the year 1994, Mahindra Lifespace Developers was established. The company currently owns the USD 19.4 billion Mahindra Group’s real estate and infrastructure development business. The company’s development footprint is complete, ongoing and extends to upcoming residential projects of 25.1 million square feet in seven Indian cities.

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Let us tell you that the company was founded in the year 1994. Currently, the Mahindra Group’s business is about USD 19.4 billion. The company is currently developing in seven Indian cities. Apart from this, work is going on about 25.1 million square feet.