Macrotech Developers forms three joint ventures with landowners during Q1FY23

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

28 Jul 2022 Evaluate

Macrotech Developers has formed three joint ventures with landowners during April-June quarter (Q1FY23) to develop housing projects with an estimated sales value of Rs 6,200 crore and is exploring for more tie-ups. The company is looking to form more partnerships across its three focus markets -- Mumbai Metropolitan Region (MMR), Pune and Bengaluru -- to expand its business in a asset-light manner and achieve higher growth.

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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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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