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Mumbai-based Macrotech Developer, earlier known as Lodha Developers, got listed on the stock exchange last month after successful launch of its Rs 2,500-crore initial public offering (IPO)
In an interview with PTI, its managing director and chief executive officer Abhishek Lodha said the company has entered into two Joint Development Agreements (JDAs) in Mumbai Metropolitan Region (MMR) and Pune with two real estate companies.
Realty firm Macrotech Developers is targeting to bring down its net debt to zero over the next three years from the current borrowing level of around Rs 16,000 crore, as it remains bullish on housing and warehousing segments despite the COVID-19 pandemic. Mumbai-based Macrotech Developer, earlier known as Lodha Developers, is one of the leading real estate firms in the country. It got listed on the stock exchanges last month after a successful launch of its Rs 2,500-crore initial public offering (IPO). In an interview with PTI, the company's Managing Director and Chief Executive Officer Ab...
Realty firm Macrotech Developers will double its investment on construction to Rs 2,800 crore in this fiscal to speed up works at various projects which were hampered last year due to the COVID-19 pandemic and a nationwide lockdown. Mumbai-based Macrotech Developer, earlier known as Lodha Developers, is one of the leading real estate firm in the country. The company got listed on the stock exchange last month after successful launch of its Rs 2,500-crore initial public offering (IPO). In an interview with PTI, the company's Managing Director (MD) and Chief Executive Officer (CEO) Abhishek ...
Macrotech to invest Rs 2,800 cr in FY22 on construction of realty units proptiger Realty firm Macrotech Developers will double its investment on construction to Rs 2,800 crore in this fiscal to speed up works at various projects which were hampered last year due to the COVID-19 pandemic and a nationwide lockdown. Mumbai-based Macrotech Developer, earlier known as Lodha Developers, is one of the leading real estate firm in the country. The company got listed on the stock exchange last month after successful launch of its Rs 2,500-crore initial public offering (IPO). In an interview with PTI, t...