Macrotech Developers’ subsidiary -- Lodha Developers International, Mauritius has prepaid $170 million of debt after recording better sales performances in its two projects in London. The redeemed notes shall be cancelled and delisted from the Singapore Exchange Securities Trading. The remaining notes of $550 million continue to be listed on the Singapore Exchange Securities Trading.
In January, the company had planned to repay fully $225 million bonds in the next four months from the sales proceeds, well in advance to their scheduled maturity of March 2023.
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 | 954.85 |
| Dilip Buildcon | 447.90 |
| Oberoi Realty | 1768.65 |
| DLF | 620.30 |
| Ahluwalia Contract(I | 858.75 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: