Page 36 - Macrotech Developers News Today

The Nifty Realty index closed 0.58 per cent up at 542.3.

The Nifty Realty index was trading 0.51 per cent up at 541.9.

Realty firm Macrotech Developers Ltd has acquired five land parcels in Mumbai region and Bengaluru during April-June quarter to develop housing projects with a revenue potential of Rs 12,000 crore. Macrotech Developers MD and CEO Abhishek Lodha said the company has added new projects worth Rs 12,000 crore in the first quarter of this fiscal year as against the annual guidance of Rs 17,500 crore.

The Nifty Realty index closed 0.09 per cent up at 539.15.

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The Nifty Realty index was trading 1.44 per cent down at 540.5.

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The Nifty Realty index closed 1.49 per cent down at 548.4.

Real estate experts say that the margins, high sales and redevelopment opportunities in Mumbai make India’s financial capital an attractive market for realtors.

The Nifty Realty index was trading 1.85 per cent down at 556.25.