Macrotech Developers: A ₹12 Billion Housing Boom

Macrotech Developers is gearing up to capitalize on the robust housing demand with plans to launch projects valued at nearly ₹12,000 crore by March 2025. The real estate giant has already initiated projects worth ₹3,000 crore in the June quarter and aims to launch an additional 18 projects, including new phases of existing developments, over the next three quarters. These projects, spanning 9.6 million sq. ft., are projected to generate ₹11,980 crore in revenue.

The upcoming launches, primarily in the Mumbai Metropolitan Region (MMR) and Pune, are expected to boost the company’s sale bookings by 20% for the fiscal year. In its latest investor presentation, Macrotech highlighted that during the April-June quarter of FY2024-25, it launched six projects, covering 1.8 million sq. ft., with an estimated revenue potential of ₹3,010 crore.

Macrotech Developers, known for its extensive presence in the MMR and Pune, has recently expanded into the Bengaluru market. With a strong track record, the company has delivered approximately 100 million sq. ft. of real estate and is currently developing over 110 million sq. ft. across its ongoing and planned projects.

The strategic launches are part of Macrotech’s broader growth strategy, aiming to maintain its leadership position in the competitive real estate market. By tapping into key regions and expanding its portfolio, the company is well-positioned to meet the increasing demand for housing in India’s major cities.

With these new projects, Macrotech Developers is set to further solidify its reputation as a leading player in the Indian real estate sector, driving significant growth and contributing to the urban development of the regions it operates in.

News by Rahul Yelligetti