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.
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