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Macrotech Developers Secures Acquisition of Mumbai's Iconic Tulip Star Hotel

The bankruptcy court allowed Macrotech Developers to buy V Hotels Ltd., which owns the Tulip Star Hotel, formerly the Centaur Hotel. The property in Mumbai's upmarket Juhu neighbourhood will be bought by Lodha Group business Macrotech Developers for Rs 890 crore.

By Admin

  • 2nd May 2024
  • 1128 Views
Lodha Targets INR 21,000 Crore in New Projects Amid Booming Indian Real Estate Market

Lodha, known as Macrotech Developers, expects robust housing market expansion in 2024-25. Over ₹21,000 crore in new projects are planned by the corporation, after a ₹20,300 crore boost last year.

By Admin

  • 28th Apr 2024
  • 1138 Views
Lodha Celebrates Stellar Growth in Q4, with a 21% Increase in Net Profit

Lodha, or Macrotech Developers, reported a 21% rise in net profit to Rs 670 crore for the March quarter. The company's operating revenue rose 23% to Rs 4,020 crore. Developer pre-sales and yearly performance are at an all-time high this quarter.

By Admin

  • 26th Apr 2024
  • 1149 Views
Mumbai Luxury Real Estate Market Moves Higher as Wellknown Polyesters' Chairman Buys Lodha Malabar Property

Wellknown Polyesters Chairman Anil Gupta bought two luxury properties in South Mumbai's Malabar Hill region, influencing the luxury real estate market. The home sale, worth over INR 270 crore, established a new Indian residential property sales record at INR 1.41 lakh per square foot.

By Admin

  • 21st Apr 2024
  • 1144 Views
Macrotech Developers Considers Strategic Expansion into a Fourth City, Reveals MD Abhishek Lodha

Macrotech Developers, known as Lodha, has a significant presence in Mumbai, Pune, and Bengaluru and is considering expanding into a new city. The corporation uses a careful, step-by-step strategy to regional expansion after entering Bengaluru in November 2023.

By Admin

  • 6th Feb 2024
  • 1202 Views
Palava City - The Pinnacle of Urban Living by Lodha

Palava City, built by Lodha, a world-renowned developer, blends urban elegance with natural beauty. This gated community offers unmatched living on 4,500 acres, 800 of which are currently lively villages.

By Admin

  • 27th Jan 2024
  • 1204 Views
Palava City is Poised for Unprecedented Growth - INR 8000 Cr Revenue Annually

Palava City, a smart township developed by Lodha, a prominent real estate investor, is expected to generate considerable income. The roughly 5,000-acre Palava City in Mumbai is estimated to earn over INR 8000 crore (USD 1 billion) yearly in the future years.

By Admin

  • 17th Jan 2024
  • 1223 Views
Lodha Group Completes Milestone Acquisition of Pune Based Goel Ganga Ventures India Private Limited

An deal was reached to buy a 100% share in Goel Ganga Ventures India Private Limited (GGVIPL) by Lodha Group, a major Indian real estate developer. After this deal, Lodha Group will hold 100% of GGVIPL.

By Admin

  • 9th Jan 2024
  • 1292 Views
Lodha Poised to Surpass INR 17,500 Crore Target This Financial Year

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.

By Admin

  • 31st Oct 2023
  • 1255 Views
MahaRERA Deregisters Five Real Estate Projects - Challenges For Real Estate Sector in Maharashtra

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has chosen to deregister five real estate projects across Maharashtra state.

By Admin

  • 14th Oct 2023
  • 1237 Views
Asha Mukul Agrawal of Param Capital Buys Triple Luxury Residences in Lodha Malabar For INR 263 Crore From Macrotech Developers

Asha Mukul Agrawal, a distinguished director at Param Capital, a leading capital market trading and investment firm, purchased three luxurious apartments in Lodha Malabar, Mumbai, for Rs 263 crore.

By Admin

  • 2nd Oct 2023
  • 1369 Views
Axis AMC Has Leased Two floors at One Lodha Place in Worli

Axis Asset Management Company, the mutual fund investment unit of Axis Bank, has leased two floors of One Lodha Place, a Macrotech Developers-built commercial skyscraper in Lower Parel.

By Admin

  • 11th Jul 2023
  • 1409 Views
Why Are Plotted Developments and Vacation Homes Becoming Increasingly Popular With Both Consumers and Developers in India?

Corporate real estate developers across Indian have recognised the high value of plotted developments and vacation properties, and are increasing their investment in this segment to provide purchasers with more options and greater transparency.

By Admin

  • 31st May 2023
  • 1382 Views
Macrotech Developers Anticipates a 20 Per Cent increase in Sales Bookings in Fiscal Year 2024

Real estate company Macrotech Developers (Lodha Group) has set a goal to sell properties worth 14,500 crore this fiscal year, up 20% from the previous year, and will acquire additional land for future expansion.

By Admin

  • 26th Apr 2023
  • 1297 Views
What Will be The Impact of the Entry of Lodha Group in The Bangalore Real Estate Market?

Macrotech Developers Limited - Lodha Group, has entered the Bangalore housing market and will start building their first project in Bangalore soon.

By Admin

  • 7th Jan 2023
  • 1412 Views
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