Macrotech Developers has signed multiple joint development agreements (JDAs) with land owners to construct real estate projects, with an estimated sales revenue potential of Rs 15,000 crore in FY22, as part of its strategy to expand its business operations amid rising demand of residential properties. The company expects to achieve similar additions in new projects in FY23, on the back of a robust pipeline of new deals. Collections from customers rose 70% to Rs 8,597 crore during the last fiscal. Net debt of India business reduced to Rs 9,310 crore as on March 31, 2022.
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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