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Macrotech Developers acquires 10 land parcels in FY25

14 Apr 2025 Evaluate

Macrotech Developers has acquired 10 land parcels last fiscal to develop housing projects with a total sales value of nearly Rs 24,000 crore, as it seeks to expand business amid strong demand. The company, which sells properties under Lodha brand, had given a guidance for 2024-25 that it would be acquiring land parcels having a revenue potential of Rs 21,000 crore. To expand its business, the company acquires land parcels outright as well as forms partnerships with landowners to develop housing projects. The company has acquired two new land parcels in Pune with GDV (gross development value) of Rs 4,300 crore.

Out of the total 10 land deals, the company did not mention the number of outright purchases. On other key operational metrics, the company reported a 14 per cent increase in sales bookings to a record Rs 4,810 crore in the fourth quarter of the last fiscal. Its sales bookings stood at Rs 4,230 crore in the year-ago period.

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.

Lodha Developers Share Price

856.15 -28.85 (-3.26%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 856.15
Dilip Buildcon 455.10
DLF 592.60
Oberoi Realty 1707.70
Ahluwalia Contract(I 887.10
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