Macrotech Developers Buys 10 Land Parcels for ₹24,000 Crore Housing Projects in FY25

Real estate giant Macrotech Developers, known for its Lodha brand, acquired 10 land parcels in the 2024–25 financial year to build housing projects worth nearly ₹24,000 crore. This move is part of the company’s plan to grow its business as housing demand continues to remain strong.

The company had earlier shared a target to acquire land parcels with a sales potential of ₹21,000 crore in FY25. However, it exceeded this goal with actual acquisitions reaching ₹23,700 crore in gross development value (GDV).

New Land in Pune Adds ₹4,300 Crore GDV

In its latest update, Macrotech revealed it added 2 new land parcels in Pune, contributing a GDV of ₹4,300 crore. Overall, the land deals were spread across the Mumbai Metropolitan Region (MMR), Bengaluru, and Pune. The company did not disclose how many of these 10 parcels were outright purchases or joint ventures with landowners.

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Strong Sales Bookings in Q4 and FY25

Macrotech Developers also posted strong sales performance:

• In Q4 FY25, sales bookings rose 14% to ₹4,810 crore, compared to ₹4,230 crore in Q4 FY24. 
• For the full fiscal year, sales bookings grew 21% to a record ₹17,630 crore, up from ₹14,520 crore in the previous year.
  

Presence Across Key Markets

Macrotech Developers is a leading real estate company in India with a solid presence in MMR, Pune, and Bengaluru. Apart from residential projects, the company is also active in:

• Industrial and logistics parks 
• Office and retail space development

Family Feud Over ‘Lodha’ Brand Name

While the company expands its footprint, it is currently involved in a legal dispute with the House of Abhinandan Lodha, founded by Abhishek Lodha’s younger brother. The conflict is centred around the use of the ‘Lodha’ brand name.

Share Price Movement

As of 12:24 PM on April 15, shares of Macrotech Developers share price were trading at ₹1,197.40, up ₹74.80 or 6.66% for the day. The stock opened at ₹1,157.00 and touched an intraday high of ₹1,208.00 and a low of ₹1,145.00. The company’s market capitalisation stood at ₹1.19 lakh crore, with a price-to-earnings (P/E) ratio of 47.40 and a dividend yield of 0.19%. Over the past 52 weeks, the stock has traded between a low of ₹1,035.15 and a high of ₹1,649.95.

Conclusion

Macrotech Developers’ aggressive land acquisitions and record-high sales figures underline its strong market position and growth momentum. Despite ongoing brand-related legal challenges within the Lodha family, the company remains focused on scaling up its presence in key real estate markets across India.

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