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Macrotech Developers reports 14% rise in sale bookings during April-December

08 Jan 2024 Evaluate

Macrotech Developers has sold properties worth Rs 10,300 crore during April-December period this fiscal, up 14 per cent annually, driven by a surge in housing demand. The company's sale bookings stood at Rs 9,040 crore in the corresponding period of the previous financial year. Macrotech Developers has set a target of achieving sale bookings of Rs 14,500 crore during the 2023-24 fiscal as against Rs 12,060 crore in the previous year.

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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