'Rate Hikes, Inflation Haven't Dampened Festive Demand': Mahindra Lifespace, MD & CEO

'Rate Hikes, Inflation Haven't Dampened Festive Demand': Mahindra Lifespace, MD & CEO

Sakshi Batra
Sakshi Batra
  • New Delhi,
  • Nov 7, 2022,
  • Updated Nov 7, 2022, 5:13 PM IST

In what is seasonally a weak quarter for residential real estate, Mahindra Lifespaces garnered Rs 399 crore of pre-sales taking us to over Rs 1,000 crore of residential sales for the first half of the fiscal…Industrial leasing too, maintained strong momentum, clocking Rs 68 crore. Non-completion of projects in this quarter has resulted in muted topline and bottom line, says Arvind Subramanian, MD & CEO , Mahindra Lifespace in the earnings interaction with Sakshi Batra. 

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