Macrotech's Lodha Acquires ₹24,000 Cr Land, Surpassing Goals

Published • 13 April 2025 at 8:07 AM

Lodha-brand Macrotech secures 10 land parcels for major housing developments in FY25
Macrotech Developers expands in FY25 with 10 land deals worth Rs 24,000 crore across major cities.
Zee Business

Macrotech Developers, known for its Lodha brand, acquired 10 land parcels in FY25 across Mumbai Metropolitan Region (MMR), Pune, and Bengaluru to develop housing projects worth nearly Rs 24,000 crore. This surpasses the company’s initial FY25 guidance of Rs 21,000 crore in gross development value (GDV). The acquisitions include two new parcels in Pune valued at Rs 4,300 crore in GDV. The company follows a strategy of outright land purchases and joint development with landowners to drive growth. Macrotech reported a record 21% increase in sales bookings for FY25, reaching Rs 17,630 crore, up from Rs 14,520 crore the previous year. In Q4 alone, bookings rose 14% year-on-year to Rs 4,810 crore. A key player in India's real estate sector, Macrotech has a strong presence in the residential markets of MMR, Pune, and Bengaluru. It is also active in developing industrial parks, office spaces, and retail real estate. The company, led by Abhishek Lodha, is currently in a legal dispute with his brother’s firm, House of Abhinandan Lodha, over the 'Lodha' brand name.

Key Highlights
  • Macrotech Developers, under the Lodha brand, acquired 10 land parcels in FY25.
  • The projects span Mumbai Metropolitan Region (MMR), Pune, and Bengaluru.
  • Total gross development value (GDV) of these projects is nearly Rs 24,000 crore.
  • This exceeds their FY25 GDV guidance of Rs 21,000 crore.
  • Two new land parcels in Pune have a combined GDV of Rs 4,300 crore.
  • Macrotech uses outright land purchases and joint development with landowners.
  • FY25 sales bookings rose 21% to Rs 17,630 crore from Rs 14,520 crore.
  • Q4 sales bookings rose 14% YoY to Rs 4,810 crore.
  • The company has a strong presence in residential, industrial, office, and retail real estate.
  • Led by Abhishek Lodha, Macrotech is in a legal dispute with House of Abhinandan Lodha over the ‘Lodha’ brand name.

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