Mahindra Lifespace Developers, the real estate and infrastructure development business of the Mahindra Group, has clocked pre-sales of Rs 345 crore and industrial land leasing worth Rs 14 crore during the quarter ended June. The company has reported a net loss of Rs 4.3 crore In the June quarter against a profit of Rs 75.4 crore a year ago. The developer has sold 4.2 lakh sq ft residential area and collections Its collections in residential business stood at Rs 276 crore.
