Macrotech Developers to invest $500 million over next 5-7 years on sustainability across all projects

Lodha Developers Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 543287 | NSE: LODHA

12 Jul 2022 Evaluate

Macrotech Developers is planning to invest $500 million (about Rs 3,950 crore) over the next 5-7 years on sustainability initiatives across all projects as it aims to be a net-zero carbon company by 2035.

The company also launched the 'Lodha Net Zero Urban Accelerator' programme with technical support from RMI at its 4,500-acre flagship integrated township project Palava City near Navi Mumbai.

Macrotech Developers has Macrotech Developers is one of the largest real estate developers in India, by residential Sales value for the financial years 2014 to 2020.

Peers

Company Name	CMP
Lodha Developers	1162.00
Prestige EstatesProj	1473.00
Dilip Buildcon	412.40
DLF	680.50
Oberoi Realty	1850.05
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