Mumbai-based Macrotech Developers Ltd, known for the Lodha brand, reported sales bookings of Rs 4,290 crore during the second quarter, contributing to the overall strong performance of India's real estate sector.
Real EstateProperty SalesTop Realty FirmsIndian MarketQ2 SalesReal Estate MumbaiNov 24, 2024
Macrotech Developers Ltd, operating under the Lodha brand, reported the highest sales bookings of Rs 4,290 crore in Q2.
The growth in property sales can be attributed to government initiatives like PMAY, lower interest rates, and improved business and consumer confidence.
The real estate sector faces challenges such as funding availability for smaller developers, economic slowdown, and global economic uncertainties.
Industry experts are optimistic about the long-term prospects of the real estate market, expecting continued growth with the right policies and government support.
Macrotech Developers Ltd is known for its premium residential and commercial projects, timely deliveries, and a focus on customer satisfaction and sustainable development.
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