Page 55 - Macrotech Developers News Today

Housing sales in volume terms grew 11% in the third quarter of this fiscal across seven cities on better demand, according to rating agency ICRA. "At 149 million square feet, the reported sales in Q3 FY2023 in the top seven cities in India is the highest quarterly sales recorded in over ten years," ICRA said in a statement on Wednesday.

Real estate firm share prices rose 18% on Thursday. The company stock has been recommended by two brokerage firms

Post the larger correction seen for residential developers (Godrej Prop, Lodha) vs mixed use (DLF, Oberoi) - Jefferies continue to favor the former

Companies with sizeable land banks and robust cash flows such as DLF (BUY) and Macrotech Developers (BUY) may re-rate going ahead

Get latest articles and stories on Latest News at LatestLY. Realty firm Macrotech Developers Ltd will deliver around 11,000 flats this fiscal as against 7,000 units in the previous year as it has ramped up construction work across all projects, its MD and CEO Abhishek Lodha said. Latest News | Macrotech Developers to Deliver 11,000 Flats in FY23; Ramps Up Construction Work: MD & CEO Abhishek Lodha.

New Delhi, Feb 12: Realty firm Macrotech Developers Ltd will deliver around 11,000 flats this fiscal as against 7,000 units in the previous year as it has ramped up construction work across all projects, its MD and CEO Abhishek Lodha said. Mumbai-based Macrotech Developers, which is one of the leading real estate firms in the country, markets its properties under the Lodha brand. In an interview with PTI, Lodha said sentiment in the housing market remains strong. “We continue to […]

Two small adjustments will be made this week to the Asia ex-Japan and India long-only portfolios, Jefferies Chris Wood said in Greed and Fear note

The firm saw reduction in debt by ₹753 crore in the December quarter to ₹8,042 crore on back of strong sales bookings and cash flows.

NEW DELHI, Jan 29: Realty firm Macrotech Developers Ltd aims to cut its net debt by nearly 40 per cent to around Rs 5,000 crore by the end of this calendar year with the help of surplus cash flow from strong housing sales, a top company official said. Mumbai-based Macrotech Developers, which is one of the leading real estate firms in the country, markets its properties under the Lodha brand. In an interview with PTI, Macrotech Developers MD and CEO […]

The Board of Directors of Macrotech Developers Limited, at its meeting held today have approved the financial results of the company for the period ended December 31, 2022 - Q3FY23 and 9MFY23.