November 3, 2023: Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group has partnered with Axis Bank to provide home loans for green homes. Through this partnership, all Mahindra Lifespaces customers can now avail of home loans at 0.25% less rate than the standard home loan rates. The loan application and disbursal process will be seamless with reduced paperwork, to minimise paper wastage and ensure efficient document management.
Through this partnership, both entities aim to encourage customers to choose sustainable housing projects and adopt eco-friendly practices in their day-to-day lives.
Sumit Bali, group executive & head, of retail banking, at Axis Bank, said, “With growing awareness, customers have become more conscious about the ecosystem and are actively seeking financial solutions to reduce carbon footprint in their day-to-day lives. By integrating innovative, eco-conscious practices, the two organisations are actively encouraging customers to embrace green homes with loans provided by Axis Bank to build their dream abode and, contribute to a greener planet ’’
Vimalendra Singh, chief business officer (Residential) – West, Mahindra Lifespace Developers commented on this partnership, saying, “We believe our partnership with Axis Bank will incentivise our customers to choose eco-friendly buildings and reduce their carbon footprint while enjoying favourable interest rates. This also underscores our steadfast commitment to promoting sustainable development. As developers with a 100% green portfolio and a standing commitment to build only Net Zero homes from 2030, we fervently advocate environmental responsibility.”
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With 16+ years of experience in various sectors, of which more than ten years in real estate, Anuradha Ramamirtham excels in tracking property trends and simplifying housing-related topics such as Rera, housing lottery, etc. Her diverse background includes roles at Times Property, Tech Target India, Indiantelevision.com and ITNation. Anuradha holds a PG Diploma degree in Journalism from KC College and has done BSc (IT) from SIES. In her leisure time, she enjoys singing and travelling.
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