Macrotech Developers Plans Major Land Acquisition Investment

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  • #10191

    Sonu
    Keymaster

    Macrotech Developers Ltd plans to invest over ₹8,000 crore in the current fiscal year for land acquisitions aimed at expanding its housing project portfolio across MMR (Mumbai Metropolitan Region), Pune, and Bengaluru, strengthening its presence in key real estate markets.

    The company is targeting a revenue milestone of ₹25,000 crore, driven by strong demand in the housing sector.

    In its latest quarterly results, Macrotech reported a 38% rise in net profit to ₹921.7 crore, highlighting robust operational growth and sustained market momentum.

    • This discussion was modified 6 months, 2 weeks ago by  Sonu.

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