Macrotech Developers has acquired Opexefi Services and One Box Warehouse for a combined value of Rs 95.76 crore, strengthening its presence in the real estate industry and beyond.
Macrotech DevelopersOpexefi ServicesOne Box WarehouseReal Estate IndustryDigital InfrastructureReal EstateAug 29, 2024
The acquisition of Opexefi Services and One Box Warehouse is valued at Rs 95.76 crore.
The acquisition is part of Macrotech Developers' plan to expand its growth in digital infrastructure, specifically in the industrial and logistics sectors.
Opexefi Services specializes in providing operational efficiency services, while One Box Warehouse is a logistics and warehousing company.
The acquisition will enable Macrotech Developers to expand its offerings and provide a more comprehensive range of services to its clients.
The acquisition is a significant step towards digitalization in the real estate industry, and Macrotech Developers is at the forefront of this transformation.
Hyderabad: Vishnu Rupani's body found in a highly decomposed state; police suspect kidnapping and murder over a financial dispute.
This initiative could lead to a more balanced real estate market, potentially stabilizing property prices in over-crowded urban areas while opening new opportunities in these smart cities.
CREDAI, the apex body of real estate developers in India, has urged the government to increase the affordable housing price cap and reduce GST on under-construction homes to boost demand, especially in the affordable and mid-income segments. The organizat
Bollywood star Priyanka Chopra has offloaded four luxurious apartments in Mumbai, raking in over Rs 16 crore. The sale highlights the glamour and financial prowess of the Indian film industry's elite.
Rising property values and strong demand for larger homes indicate a continued upward trajectory for Mumbai's housing sector, solidifying its position as a resilient real estate market.
The Supreme Court has ruled that real estate developers cannot deduct more than 10% of the basic sale price of a flat if a buyer decides to cancel the purchase. This landmark decision is set to provide relief to many homebuyers who have faced financial ha