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Macrotech Developers eyes 50% growth in sales bookings in FY22

02 Aug 2021 Evaluate

Macrotech Developers is eyeing to achieve its target of 50 per cent growth in sales bookings in FY22 to Rs 9,000 crore. The company is eyeing the same despite sluggish housing demand in April-May in view of second wave of the COVID-19 pandemic.

Mumbai-based Macrotech Developers, which markets its properties under 'Lodha' brand, got listed on the stock exchanges in April this year after raising Rs 2500 crore through its initial public offering (IPO). It is one of the leading real estate firm in the country.

Macrotech Developers 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 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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