Macrotech Developers Expands its Reach with Acquisitions of Opexefi Services and One Box Warehouse

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

Macrotech Developers Expands its Reach with Acquisitions of Opexefi Services and One Box Warehouse
Real Estate:Macrotech Developers has executed share purchase agreements for the acquisition of 100% stake in Opexefi Services and One Box Warehouse. The company has acquired Opexefi Services for Rs 46.67 crore and One Box Warehouse for Rs 49.09 crore.

This strategic move is part of Macrotech Developers' plan to expand its growth in digital infrastructure, specifically in the industrial and logistics sectors.

Macrotech Developers, a leading real estate developer, has been actively seeking opportunities to diversify its portfolio and strengthen its presence in the market. The acquisition of Opexefi Services and One Box Warehouse is a significant step towards achieving this goal.

Opexefi Services is a company that specializes in providing operational efficiency services, while One Box Warehouse is a logistics and warehousing company. The acquisition of these companies will enable Macrotech Developers to expand its offerings and provide a more comprehensive range of services to its clients.

The real estate industry has been witnessing a significant shift towards digitalization, and Macrotech Developers is at the forefront of this transformation. The company's acquisition of Opexefi Services and One Box Warehouse is a testament to its commitment to innovation and growth.

With this acquisition, Macrotech Developers is poised to become a major player in the industrial and logistics sectors. The company's expanded portfolio will enable it to provide a more comprehensive range of services to its clients, further solidifying its position in the market.

About Macrotech Developers
Macrotech Developers is a leading real estate developer with a strong presence in the Indian market. The company has a diverse portfolio of projects, including residential, commercial, and industrial developments.

Frequently Asked Questions

What is the value of the acquisition of Opexefi Services and One Box Warehouse?

The acquisition of Opexefi Services and One Box Warehouse is valued at Rs 95.76 crore.

What is the purpose of the acquisition?

The acquisition is part of Macrotech Developers' plan to expand its growth in digital infrastructure, specifically in the industrial and logistics sectors.

What services do Opexefi Services and One Box Warehouse provide?

Opexefi Services specializes in providing operational efficiency services, while One Box Warehouse is a logistics and warehousing company.

How will the acquisition benefit Macrotech Developers?

The acquisition will enable Macrotech Developers to expand its offerings and provide a more comprehensive range of services to its clients.

What is the impact of the acquisition on the real estate industry?

The acquisition is a significant step towards digitalization in the real estate industry, and Macrotech Developers is at the forefront of this transformation.

Related News Articles

Hyderabad Businessman Missing for Four Days Found Dead in SR Nagar
Real Estate

Hyderabad Businessman Missing for Four Days Found Dead in SR Nagar

Hyderabad: Vishnu Rupani's body found in a highly decomposed state; police suspect kidnapping and murder over a financial dispute.

January 1, 2025
Read Article
Revolutionizing Urban Living: 12 New Industrial Smart Cities to Ease India's Metros
Real Estate

Revolutionizing Urban Living: 12 New Industrial Smart Cities to Ease India's Metros

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.

October 6, 2024
Read Article
CREDAI Seeks 100% Tax Deduction on Home Loan Interest to Stimulate Housing Demand
Real Estate Mumbai

CREDAI Seeks 100% Tax Deduction on Home Loan Interest to Stimulate Housing Demand

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

November 25, 2024
Read Article
Priyanka Chopra Sells Lucrative Mumbai Apartments for Over Rs 16 Crore
Real Estate Mumbai

Priyanka Chopra Sells Lucrative Mumbai Apartments for Over Rs 16 Crore

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.

March 7, 2025
Read Article
Mumbai's Property Market Sees 11% Rise in Home Sales in 2024
Real Estate Mumbai

Mumbai's Property Market Sees 11% Rise in Home Sales in 2024

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.

January 1, 2025
Read Article
Can Homebuyers Get a Refund of the Flat Booking Amount After Cancelling It?
real estate news

Can Homebuyers Get a Refund of the Flat Booking Amount After Cancelling It?

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

February 6, 2025
Read Article