Macrotech Developers Achieves Record-Breaking Q2 Sales of Rs 4,290 Crore

Macrotech Developers, a leading real estate company, has announced a record-breaking sale of Rs 4,290 crore in Q2, driven by strong demand for its properties in Maharashtra and other regions.

Real EstateMaharashtraMacrotech DevelopersQ2 SalesRecordbreaking SalesReal Estate MaharashtraOct 05, 2024

Macrotech Developers Achieves Record-Breaking Q2 Sales of Rs 4,290 Crore
Real Estate Maharashtra:Macrotech Developers, a prominent player in the Indian real estate market, has reported a record-breaking sale of Rs 4,290 crore in the second quarter of the current fiscal year. This achievement is a testament to the company's commitment to delivering high-quality projects that meet the evolving needs of homebuyers and investors.\n\nThe company has completed approximately 100 million square feet of real estate development across various segments, including residential, commercial, and industrial. Its portfolio includes several iconic projects in Maharashtra, which have received widespread recognition for their innovative design, world-class amenities, and exceptional construction quality.\n\nRecently, the Maharashtra government approved two mega projects in the aerospace and defense sectors, which are expected to boost the state's economy and create new opportunities for businesses and residents alike. Macrotech Developers is well-positioned to capitalize on this growth momentum, with its strategic focus on developing properties in key locations across the state.\n\nAbout Macrotech Developers Macrotech Developers is a leading real estate development company in India, known for its innovative approach to building design, construction, and project management. With a strong presence in Maharashtra and other regions, the company has established itself as a trusted brand in the Indian real estate market.\n\n The Indian real estate market has experienced significant growth in recent years, driven by increasing demand for housing and commercial spaces. Maharashtra, in particular, has emerged as a hub for real estate development, with several major projects underway in the state. Macrotech Developers is one of the key players in this market, with a proven track record of delivering high-quality projects that meet the needs of its customers.

Frequently Asked Questions

What is the record-breaking sales figure achieved by Macrotech Developers in Q2?

Rs 4,290 crore

What is the approximate area of real estate development completed by Macrotech Developers?

100 million square feet

What are the segments in which Macrotech Developers operates?

Residential, commercial, and industrial

What are the two mega projects approved by the Maharashtra government?

Aerospace and defense sectors

What is the expected impact of these mega projects on the state's economy?

Boost to the economy and creation of new opportunities for businesses and residents

Tags:

Related News Articles

Mumbai Housing Market Booms with 11% Increase in Q4 Sales; Worli Emerges as a Luxury Hotspot
Real Estate Mumbai

Mumbai Housing Market Booms with 11% Increase in Q4 Sales; Worli Emerges as a Luxury Hotspot

In the fourth quarter, Mumbai's housing market witnessed a significant 11% surge in sales, totaling ₹68,025 crore. Leading developers like Lodha and Godrej Properties have contributed substantially, with Worli becoming a premier destination for ultra-luxu

March 13, 2025
Read Article
HoABL Ventures into Vertical Real Estate in Mumbai with Massive Investment
Real Estate

HoABL Ventures into Vertical Real Estate in Mumbai with Massive Investment

Abhinandan Lodha's House of Abhinandan Lodha (HoABL) is making a significant move into the vertical real estate market in Mumbai with a mammoth investment of Rs 3,500 crore. This bold step signals a new era of growth and innovation in the Mumbai real estate sector.

April 23, 2025
Read Article
House of Hiranandani to Invest ₹12,500 Crore in MMR Projects
Real Estate Mumbai

House of Hiranandani to Invest ₹12,500 Crore in MMR Projects

Real estate firm House of Hiranandani has announced a significant investment of ₹12,500 crore to expand its presence in the Mumbai Metropolitan Region (MMR). This strategic move aims to bolster the company's portfolio and tap into the growing demand for r

October 29, 2024
Read Article
Mumbai Sees Highest January Property Registrations in 13 Years, Worth ₹952 Crore
Real Estate Mumbai

Mumbai Sees Highest January Property Registrations in 13 Years, Worth ₹952 Crore

Residential properties continued to dominate, making up 80% of all registrations in the preceding month of December. Sequentially, the property market in Mumbai has shown consistent growth.

January 31, 2025
Read Article
Fire Engulfs Electric Vehicle Storage Unit in Pune, Highlighting Safety Concerns
Real Estate Pune

Fire Engulfs Electric Vehicle Storage Unit in Pune, Highlighting Safety Concerns

A significant fire broke out at an electric vehicle storage facility in Pune, raising concerns about the safety and management of such units. Thick smoke was visible from a distance, and emergency services were quick to respond.

March 4, 2025
Read Article
Somany Ceramics Reports 41.28% Drop in Q2 FY25 Net Profit
real estate news

Somany Ceramics Reports 41.28% Drop in Q2 FY25 Net Profit

The demand for ceramics has been sluggish, and a decline in exports has further strained the domestic market, leading to a significant drop in Somany Ceramics' net profit during the second quarter of the fiscal year 2025.

October 29, 2024
Read Article