Macrotech Developers has entered into 11 joint development agreements (JDAs) with landowners so far this fiscal year, with an estimated sales revenue potential of Rs 14,500 crore. The company has projects in Mumbai Metropolitan Region (MMR) and Pune markets. It has been aggressively forming JDAs to expand presence in the micro-markets of these two cities.
On operational performance during the third quarter of this fiscal year, Macrotech Developers reported 40 per cent increase in its sales bookings to Rs 2,608 crore from Rs 1,862 crore in the year-ago period. The collections from customers against sales rose 44 per cent to Rs 2,127 crore from 1,472 crore during the period under review.
Macrotech Developers is one of the largest real estate developers in India, by residential Sales value for the financial years 2014 to 2020.
| Company Name | CMP |
|---|---|
| Lodha Developers | 871.70 |
| Dilip Buildcon | 457.55 |
| DLF | 601.80 |
| Oberoi Realty | 1710.00 |
| Ahluwalia Contract(I | 832.90 |
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