Mahindra Lifespace Developers Ltd. (formerly Mahindra Gesco Developers Limited) is a wholly owned subsidiary of Mahindra & Mahindra Ltd. GESCO Corporation Limited was incorporated as a Private Limited Company on March 16, 1999 which was converted to a Public Limited Company on August 18, 1999. GESCO became a subsidiary of Mahindra & Mahindra in 2001.Mahindra World City Developer Limited is India's fist operational SEZ, developed in partnership with the Government of Tamil Nadu.