Macrotech Developers is targeting 27 per cent growth in its sales bookings during the current fiscal (FY23) at Rs 11,500 crore on better demand prospects and strong pipeline of new launches. Out of the total target of Rs 11,500 crore, the company targeting sales bookings of Rs 10,500 crore from residential segment and the rest from sales of commercial assets.
The company had given the pre-sales guidance of Rs 9,000 crore for the last fiscal and it achieved sales bookings of Rs 9,024 crore despite disruption due to COVID second wave in Apr-May last year, as well as the impact of Omicron in January 2022.
Macrotech Developers is one of the largest real estate developers in India, by residential Sales value for the financial years 2014 to 2020.
