Macrotech Developers Exceeds FY25 Target with Rs.23,700 Cr Housing Projects in Pune, Bengaluru and MMR
Macrotech Developers Exceeds FY25 Target with Rs.23,700 Cr Housing Projects in Pune, Bengaluru and MMR ( Image For Representational Purpose )
Strong housing demand fuels land acquisitions in Pune, Bengaluru and MMR; Macrotech surpasses ₹21,000 crore FY25 guidance
PUNE/BENGALURU: Real estate giant Macrotech Developers, widely recognized for its Lodha brand, has significantly expanded its footprint by acquiring 10 land parcels in the 2024–25 fiscal year, aimed at developing residential projects with a gross development value (GDV) of ₹23,700 crore. The acquisitions span the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru, reinforcing the company’s strategic focus on India’s high-growth urban housing markets.
This expansion marks a major milestone, as the listed company exceeded its initial FY25 guidance of ₹21,000 crore in GDV acquisitions. In its latest operational update, Macrotech confirmed that the acquisitions were driven by a sharp surge in housing demand, especially in top-tier urban regions.
Notably, two of the most recent land parcels were acquired in Pune, with a combined GDV of ₹4,300 crore, indicating the city’s growing significance in the developer’s portfolio. While the company did not specify how many of the ten acquisitions were outright purchases versus joint development agreements, it continues to rely on a dual land acquisition strategy, involving both direct purchases and strategic partnerships with landowners.
Led by Abhishek Lodha, Macrotech Developers has maintained a diversified development model. Apart from residential projects, the firm is actively building industrial and logistics parks, as well as commercial office and retail spaces across India.
On the sales front, the company delivered a robust performance. Sales bookings for Q4 of the last fiscal stood at a record ₹4,810 crore, a 14% increase compared to ₹4,230 crore in the same quarter of the previous year.
For the entire FY25 fiscal, sales bookings rose by 21%, reaching ₹17,630 crore, up from ₹14,520 crore in FY24, underscoring strong buyer sentiment and Macrotech’s effective market positioning.
Macrotech Developers is regarded as one of India’s leading real estate players, with a strong presence in MMR, Pune, and Bengaluru. Its ambitious land acquisition strategy and diverse development projects reflect its commitment to capitalizing on India’s urban housing boom.
