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Macrotech Developers plans to invest around Rs 800 crore in two housing projects in Bengaluru, India, to expand its business amid strong demand. The company, which markets properties under the Lodha brand, has a significant presence in Mumbai Metropolitan Region (MMR) and Pune. The construction cost of these projects is estimated to be Rs 800 crore, with a gross development value of around Rs 2,500 crore.
Macrotech Developers will invest about Rs 800 crore to construct two housing projects in Bengaluru where it has entered to expand business amid strong demand, its MD & CEO Abhishek Lodha said. Macrotech Developers, which markets its properties under Lodha brand, has a significant presence in
RLMM or Revised List of Models & Manufacturers listing is an important milestone required for the successful commercialisation of the product, the company filing said. S144 – 3 MW series of wind turbines are extendable to 3.15 MW.
Foreign institutional investors sold shares worth Rs 1,244.44 crore, while domestic institutional investors bought Rs 830.40 crore worth of stocks on November 13, provisional data from the National Stock Exchange showed.