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Macrotech Developers has entered into agreement with Skechers for new 1.1 million-square-foot distribution centre. The Skechers Distribution Centre will be undertaken in two phases, in phase one, which will be 660,000 square feet, is expected to be fully operational in mid-2023 and will be capable of shipping up to 1,00,000 units of footwear, apparel and accessories per day. The expansion of an additional 4,40,000 square feet is planned for completion in the next 3-4 years.

Macrotech Developers is primarily engaged in affordable residential real estate developments and in 2019, it entered into the development of logistics and industrial parks and also develop commercial real estate.

Peers
Company Name CMP
Lodha Developers 1061.90
Prestige EstatesProj 1486.20
Dilip Buildcon 402.65
DLF 674.00
Oberoi Realty 1707.35
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