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Macrotech Developers plans Rs 8,000-cr investment for land acquisition in MMR, Pune

Monday, 28 Apr 2025
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Macrotech Developers, known for its 'Lodha' brand, plans to invest over Rs 8,000 crore in Financial Year 2025-26, to acquire land parcels across the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru.

The investment is aimed at expanding its housing project portfolio amid sustained strong housing demand, especially for reputed brands. According to Sushil Kumar Modi, Executive Director (Finance), the company targets developing projects that could generate around Rs 25,000 crore in revenue. Macrotech plans to achieve this expansion through outright land purchases as well as joint development agreements (JDAs) with landowners, which require upfront payments.

The expansion strategy underlines the company's commitment to strengthening its leadership in India’s premium housing market. In 2024-25, Macrotech had invested Rs 7,000 crore and acquired 10 land parcels in these regions, expected to deliver projects with a potential revenue of Rs 23,700 crore.

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