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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
  • 1135 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
  • 1144 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
  • 1152 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
  • 1146 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
  • 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
  • 1224 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
  • 1294 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
  • 1370 Views
Macrotech Developers Will Introduce 22 New Real Estate Projects by March 2024

To leverage on increased housing demand, Macrotech Developers Ltd. will build 22 new projects in Mumbai Metropolitan Region (MMR), Pune, and Bengaluru by March 2020, with an expected sales income of Rs 12,560 crore.

By Admin

  • 30th Jul 2023
  • 1234 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
  • 1412 Views
Macrotech and Havemore Sign Contract for Mixed-Use Real Estate Developments in Gundavali, Andheri East

Macrotech and Havemore Sign Contract for Mixed-Use Real Estate Developments in Gundavali, Andheri East

By Admin

  • 7th Jul 2023
  • 1274 Views
Buoyed by Strong Demand For Quality Housing, Macrotech Developers to Invest INR 4500 Crore Rupees This Fiscal Year

Macrotech Developers Ltd will invest 4,500 crore rupees in the construction of real estate projects as it seeks to increase its execution capabilities in response to robust housing demand this fiscal year.

By Admin

  • 1st May 2023
  • 1273 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
  • 1298 Views
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