Macrotech Developers reported ₹2,770 crore in FY25 net profit, a 71% jump, driven by strategic pre-sales growth and new project launches.

In a Rs 18,000 crore ($2.4 billion) initiative with the Abu Dhabi Investment Authority (ADIA) and Kotak Alternate Investment Fund, Prestige Group is developing residential projects in India. Partners will spend Rs 2,001 crore ($270 million) to accelerate early-stage housing developments.

Lodha, or Macrotech Developers, is on track to beat its fiscal year predictions. Real estate professionals are excited as the business is on course to exceed its FY24 gross development value (GDV) of INR 17,500 crore in the first half.

In a regulatory filing on September 29, Ajmera Realty & Infra India Ltd. (ARIIL), a prominent stock exchange-listed real estate developer, announced the launch of two major residential projects in Mumbai and Bengaluru with a combined Gross Development Value (GDV) of Rs 470 crore.