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Macrotech Developers expecting 50% jump in sales bookings in FY22

18 May 2021 Evaluate

Macrotech Developers is expecting a 50 per cent jump in sales bookings this fiscal year to over Rs 9,000 crore as it remains bullish on demand for housing and warehousing properties despite the COVID-19 pandemic.

The Mumbai-based company, earlier known as Lodha Developers, is one of the leading real estate firms in the country. It got listed on the stock exchange last month after a successful launch of its Rs 2,500 crore Initial Public Offer (IPO).

The company is one of the largest real estate developers in India, by residential Sales value for the financial years 2014 to 2020.

Peers
Company Name CMP
Lodha Developers 1153.95
Prestige EstatesProj 1478.70
Dilip Buildcon 409.95
DLF 675.15
Oberoi Realty 1848.60
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