Listed real estate developer Macrotech Developers, also known as Lodha, has acquired seven land parcels in the Mumbai Metropolitan Region (MMR), Pune, and other strategic locations to build new housing projects.
Real EstateLand AcquisitionHousing ProjectsMacrotech DevelopersMumbaiReal Estate PuneOct 15, 2024
Macrotech Developers, also known as Lodha, is a leading real estate developer in India known for delivering high-quality residential and commercial projects.
Macrotech Developers acquired seven land parcels from April to September in the Mumbai Metropolitan Region (MMR) and Pune.
The land parcels will be used to develop a mix of residential projects, including apartments, villas, and townhouses.
The strategy is to capitalize on the growing real estate market and meet the increasing demand for quality residential properties, incorporating sustainable and smart development practices.
The acquisitions are expected to boost the company's revenue and market share in the coming years, strengthening its position in both the residential and commercial real estate markets.
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