You Searched for: macrotech developers

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Macrotech Developers Considers Strategic Expansion into a Fourth City, Reveals MD Abhishek Lodha

Macrotech Developers, known as Lodha, has a significant presence in Mumbai, Pune, and Bengaluru and is considering expanding into a new city. The corporation uses a careful, step-by-step strategy to regional expansion after entering Bengaluru in November 2023.

By Admin

  • 6th Feb 2024
  • 1195 Views
Palava City is Poised for Unprecedented Growth - INR 8000 Cr Revenue Annually

Palava City, a smart township developed by Lodha, a prominent real estate investor, is expected to generate considerable income. The roughly 5,000-acre Palava City in Mumbai is estimated to earn over INR 8000 crore (USD 1 billion) yearly in the future years.

By Admin

  • 17th Jan 2024
  • 1217 Views
Lodha Group Completes Milestone Acquisition of Pune Based Goel Ganga Ventures India Private Limited

An deal was reached to buy a 100% share in Goel Ganga Ventures India Private Limited (GGVIPL) by Lodha Group, a major Indian real estate developer. After this deal, Lodha Group will hold 100% of GGVIPL.

By Admin

  • 9th Jan 2024
  • 1276 Views
Lodha Poised to Surpass INR 17,500 Crore Target This Financial Year

Lodha, or Macrotech Developers, is on track to beat its fiscal year predictions. Real estate professionals are excited as the business is on course to exceed its FY24 gross development value (GDV) of INR 17,500 crore in the first half.

By Admin

  • 31st Oct 2023
  • 1246 Views
MahaRERA Deregisters Five Real Estate Projects - Challenges For Real Estate Sector in Maharashtra

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has chosen to deregister five real estate projects across Maharashtra state.

By Admin

  • 14th Oct 2023
  • 1231 Views
Asha Mukul Agrawal of Param Capital Buys Triple Luxury Residences in Lodha Malabar For INR 263 Crore From Macrotech Developers

Asha Mukul Agrawal, a distinguished director at Param Capital, a leading capital market trading and investment firm, purchased three luxurious apartments in Lodha Malabar, Mumbai, for Rs 263 crore.

By Admin

  • 2nd Oct 2023
  • 1354 Views
Macrotech Developers Will Introduce 22 New Real Estate Projects by March 2024

To leverage on increased housing demand, Macrotech Developers Ltd. will build 22 new projects in Mumbai Metropolitan Region (MMR), Pune, and Bengaluru by March 2020, with an expected sales income of Rs 12,560 crore.

By Admin

  • 30th Jul 2023
  • 1229 Views
Axis AMC Has Leased Two floors at One Lodha Place in Worli

Axis Asset Management Company, the mutual fund investment unit of Axis Bank, has leased two floors of One Lodha Place, a Macrotech Developers-built commercial skyscraper in Lower Parel.

By Admin

  • 11th Jul 2023
  • 1397 Views
Buoyed by Strong Demand For Quality Housing, Macrotech Developers to Invest INR 4500 Crore Rupees This Fiscal Year

Macrotech Developers Ltd will invest 4,500 crore rupees in the construction of real estate projects as it seeks to increase its execution capabilities in response to robust housing demand this fiscal year.

By Admin

  • 1st May 2023
  • 1271 Views
Macrotech Developers Anticipates a 20 Per Cent increase in Sales Bookings in Fiscal Year 2024

Real estate company Macrotech Developers (Lodha Group) has set a goal to sell properties worth 14,500 crore this fiscal year, up 20% from the previous year, and will acquire additional land for future expansion.

By Admin

  • 26th Apr 2023
  • 1288 Views
What Will be The Impact of the Entry of Lodha Group in The Bangalore Real Estate Market?

Macrotech Developers Limited - Lodha Group, has entered the Bangalore housing market and will start building their first project in Bangalore soon.

By Admin

  • 7th Jan 2023
  • 1407 Views
Macrotech Developers Raises INR 3,547 crore with a QIP at an Issue Price of Rs 1,026 Per Share Resulting in Stock Price Increase

Real estate company Macrotech Developers said on December 12, 2022 that its board of directors had authorised the sale of about 7.2% of its shares to institutional investors at an issue price of Rs 1,026 per share.

By Admin

  • 13th Dec 2022
  • 1272 Views
Macrotech Developers Plans to Develop 16 Fully Owned and Joint Venture Projects With a Combined INR 10,300 Crore in 2023 Second Half

In the second half of 2023, India's largest real estate developer, Macrotech Developers (Lodha Group), will launch 16 new projects with a total sales potential of Rs 10,300 crore.

By Admin

  • 9th Nov 2022
  • 1461 Views
Merger of National Standard, a Subsidiary of Property Developer Lodha Group, and Macrotech Developers Puts Small Investors in a Fix

National Standard India's shares, which are controlled by the Lodha Group, plummeted 5% on 27th January 2022, the day's lowest price. This was because the company was going to merge with the Lodha Group's main business, Macrotech Developers.

By Admin

  • 29th Jan 2022
  • 1811 Views
Profitability of Macrotech Developers (Lodha Group) increased by 24% to Rs 286 crore in Q3 FY22.

In the three months ending December 2021, Macrotech Developers recorded a 24% rise in consolidated net profit to Rs 286.38 crore. According to a regulatory filing, the real estate development company's net profit in the prior year was Rs 231.71 crore.

By Admin

  • 27th Jan 2022
  • 1374 Views
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