Macrotech Developers Reports 32% Surge in Q3 Sales Bookings, Reaches Record Rs 4,510 Crore
Macrotech Developers, a prominent real estate developer in India, has reported a significant 32% increase in its sales bookings for the quarter ended December, reaching a record Rs 4,510 crore. The company, known for its Lodha brand, has a strong presence
Macrotech DevelopersReal EstateSales BookingsMumbai Metropolitan RegionPuneReal Estate MumbaiJan 06, 2025
This impressive performance is attributed to the increased demand for residential properties.
In the same quarter of the previous year, the company's sales bookings stood at Rs 3,410 crore.
Macrotech Developers, which operates under the Lodha brand, is one of the leading real estate developers in India.
The company stated in a regulatory filing,
Frequently Asked Questions
What is the percentage increase in Macrotech Developers' sales bookings for the quarter ended December?
Macrotech Developers reported a 32% increase in its sales bookings for the quarter ended December.
What was the total sales booking amount for Macrotech Developers in the quarter ended December?
The total sales booking amount for Macrotech Developers in the quarter ended December was Rs 4,510 crore.
What is the growth in sales bookings during the first nine months of the current fiscal year compared to the same period in the previous year?
During the first nine months of the current fiscal year, Macrotech Developers achieved a 25% growth in sales bookings, reaching Rs 12,820 crore from Rs 10,300 crore in the same period of the previous year.
What is Macrotech Developers' guidance for the current fiscal year in terms of sales bookings growth?
Macrotech Developers has set a guidance of achieving a 21% annual growth in sale bookings this fiscal, aiming to reach Rs 17,500 crore.
In which regions does Macrotech Developers have a strong presence?
Macrotech Developers has a strong presence in the Mumbai Metropolitan Region (MMR), Pune, and has expanded to the Bengaluru housing market. The company is also involved in the development of industrial and logistics parks across various states in India.
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