Real estate developer Abhinandan Lodha is streamlining operations and integrating proptech solutions to drive profitability in the affordable housing segment through cost efficiency and digital innovation.

Major Indian real estate developers are experiencing severe cash flow pressures despite improved profitability, as the housing market enters its mid-cycle phase, according to Nuvama Institutional Equities analysis.

In the three months ending December 2021, Macrotech Developers recorded a 24% rise in consolidated net profit to Rs 286.38 crore. According to a regulatory filing, the real estate development company's net profit in the prior year was Rs 231.71 crore.