Macrotech Developers, a leading real estate developer, has announced plans to invest Rs 8,000 crore this fiscal year to expand its land bank. This strategic move aims to bolster the company's presence in key markets and support its ambitious growth plans.
Macrotech DevelopersReal Estate MarketLand AcquisitionBusiness ExpansionLodha BrandReal Estate NewsApr 27, 2025
Macrotech Developers plans to invest Rs 8,000 crore this fiscal year in land acquisition for business expansion.
The company is focusing its land acquisition efforts primarily in key metropolitan areas such as Mumbai, Pune, and Ahmedabad.
The key drivers include the anticipated recovery in the real estate market, government's focus on infrastructure development, and the availability of financing options.
In the last fiscal year, Macrotech Developers reported a net profit of Rs 1,200 crore, a 25% increase from the previous year.
The company has launched several initiatives, including the use of smart home technology in its projects, to enhance the customer experience and streamline operations.
Mulund, a bustling suburb of Mumbai, is on the cusp of a real estate revolution, thanks to the significant investments made by Bollywood megastars Amitabh and Abhishek Bachchan. Real estate experts believe this move could position Mulund as a leading hots
Godrej Properties has achieved a significant milestone by selling properties worth Rs 28,800 crore in 2024, topping the list of listed firms. The company has launched 30 projects, with the Mumbai Metropolitan Region (MMR) contributing Rs 9,177 crore.
Nithin Kamath, CEO of Zerodha, highlights the concerning trend of high home prices and dangerous air pollution levels in Delhi, Mumbai, and Bengaluru. He emphasizes the need for stricter emission norms and actionable solutions to address this critical iss
The House of Abhinandan Lodha Group has withdrawn its advert that hurt Goans' sentiments, but not before sparking a heated debate on the state's real estate policies.
Delhi Development Authority's Sasta Ghar and Madhyam Vargiya Housing schemes see high demand, with over 1,200 LIG flats sold out.
KKR Real Estate Finance Trust reported mixed financial results for the first quarter of 2024, but analysts at BTIG believe the stock has room for growth.