Focus on getting nods from municipal authorities: Sangeeta Prasad, Mahindra Life
  • WebDesk BTVI
  • Jul 29 2019

Sangeeta Prasad, MD and CEO of Mahindra Life, says the company is focusing on getting approval from municipal authorities needed for revenue recognition. She says revenue is expected to reflect in Q2. She says the existing inventory has largely been non-Mumbai, which saw a dip in average realisation. She added that new launches in Mumbai expected to provide uptick in demand; bring up average realisation. She says the firm is waiting for government approval for some new launches.