Macrotech Developers to develop more than 64 acres in Bengaluru, eyes GDV of ₹8600 crore

Mumbai-based listed real estate developer Macrotech Developers plans to develop housing projects on 64.4 acres in Bengaluru, with a potential gross development value of ₹8600 crore. ₹8600 crore. (Picture for representational purposes only)(Pixabay)” title=”Mumbai-based listed real estate developer Macrotech Developers plans to develop housing projects on 64.4 acres in Bengaluru, with a potential gross development […]

Macrotech Developers reports pre-sales of over ₹4,500 crore in Q3FY25, adds new project in Bengaluru

Macrotech Developers, also known as Lodha, on January 6 reported pre-sales of over ₹4,500 crore in the third quarter of the ongoing financial year 2024-25, a 32% YoY growth from over ₹3,400 crore during the same period last year. ₹4,500 crore in the third quarter of the ongoing financial year 2024-25. (Picture for representational purposes […]

Macrotech Developers acquires Bain Capital’s stake in three joint entities for ₹307 crore

Nov 07, 2024 12:06 PM IST Macrotech Developers Ltd enters into agreements for acquisition of Bain Capital’s stake in 3 joint entities under digital infrastructure platform for ₹307 crore Macrotech Developers Ltd, that sells real estate properties under the Lodha brand, has acquired Bain Capital’s stake in three industrial and logistics park entities for ₹307 […]

Lodha Philanthropy Foundation to be significant shareholder of Macrotech Developers

Abhishek Lodha, MD & CEO of Lodha Group (File photo/Lodha group website) MUMBAI: The owners of Lodha Group have announced they will be transferring a significant part of the shareholding in the listed company, Macrotech Developers, to Lodha Philanthropy Foundation with an initial corpus of Rs 20,000 crore (USD 2.5 billion).Abhishek Lodha, MD & CEO […]

Abhishek Lodha and family pledge to transfer stake worth ₹20,000 crore in Macrotech Developers to philanthropic arm

The owners and promoters of Lodha Group, Abhishek Lodha and family, have pledged to transfer stake worth around ₹20,000 crore in their listed entity Macrotech Developers to the company’s philanthropic initiative Lodha Philanthropy Foundation (LPF), a non-profit organisation that uses all its income and assets solely for national and social causes. ₹20,000 crore in their […]