Page 2 - Macrotech Developer News Today

The extravagant apartments, which are situated on Walkeshwar Road, were acquired from Macrotech Developers on June 1, for Rs 54.26 crore each flat.

HDFC has sold a portion of land admeasuring 27792 sqmt to Macrotech Developer to recover the loan under SARFAESI Act, the documents showed.

Lodha Malabar has been the hottest luxury project in demand with high net worth buyers since its launch.

As many as 61% of those in the list saw an increase in their wealth and out of them, 25 were new faces while 36 witnessed a decline in their wealth. The rich list has taken a note of the wealth as of March 2023.

Get latest articles and stories on Latest News at LatestLY. Realty firm Macrotech Developers sales bookings rose 34 per cent to a record Rs 12,064 crore in the last fiscal, on better demand despite rise in interest rates on home loans. Latest News | Macrotech Developers Sells Properties Worth Rs 12,064 Cr in FY23.

Mumbai-based Macrotech Developers, which sells homes under the Lodha brand, is one of the leading real estate firms in the country.

As on September 2022, promoters had 82.20 per cent stake in the company and they needed to bring it down to 75 per cent in order to maintain the minimum 25 per cent public shareholding.

As on September 2022, promoters had 82.20 per cent stake in the company and they needed to bring it down to 75 per cent in order to maintain the minimum 25 per cent public shareholding.

Get latest articles and stories on Latest News at LatestLY. Realty firm Macrotech Developers promoters plan to raise about Rs 3,500 crore by selling shares to institutional investors, according to sources. Latest News | Macrotech Developers Promoters Plan to Raise Rs 3,500 Cr Via Sale of Shares to Institutional Investors.

In a regulatory filing late on Wednesday, Macrotech Developers informed that the company has launched Qualified Institutional Placement (QIP) of the equity shares.