Macrotech Developers is planning to invest Rs 3,500-4,000 crore this fiscal (FY25) to acquire new land parcels, outright and through joint development agreements with landlords, to build housing projects as part of its expansion plan to encash a surge in demand for residential properties. During the last fiscal year, the company added many new land parcels to build housing projects with a potential sales value of over Rs 20,000 crore.
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.
