Macrotech Developers (Lodha Group) sells a luxury Worli apartment for ₹187.47 crore in the Lodha Sea Face project. The 14,866 sq. ft. unit was acquired by SR Menon Properties LLP. Discover key details on Mumbai's premium real estate market and high-value deals.

Yusen Logistics India has leased a 200,000 sq ft built-to-suit warehouse in Palava near Mumbai from Macrotech Developers. This strategic move, part of Lodha Industrial & Logistics Parks, aims to bolster the Tokyo-based company’s distribution network in India.

Real estate developer Lodha, formerly as Macrotech Developers, acquired Bain Capital's share in three joint digital infrastructure platforms for ₹307 crore to boost its logistics and industrial park revenue.

Founders of Macrotech Developers, Abhishek Lodha and his family, have committed nearly $2.5 billion (₹20,000 crore) to charity in a significant move. The family will transfer a large share in Macrotech, making an initial corpus of over ₹20,000 crore for the Lodha Philanthropy Foundation.

Lodha Group, via Macrotech Developers, bought Ivanhoé Cambridge's share in three joint ventures for ₹239.56 crore. Lodha wants more control over its digital infrastructure investments to improve its annuity revenue.

In the June quarter, India's top 21 listed real estate developers sold approximately ₹35,000 crore in homes, with Godrej homes having the largest sales bookings. This strong result shows rising customer demand for premium properties.

This extensive list on Ghar including an analysis of India's major real estate businesses and industry trends highlight Mumbai's supremacy in the sector.

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.

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.

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.

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.

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.

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.

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.

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.