Live Breaking News & Updates on Realty developer lodha

Stay informed with the latest breaking news from Realty developer lodha on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Realty developer lodha and stay connected to the pulse of your community

Realty developer Lodha inks pact to acquired Pune-based Goel Ganga Ventures India

Following the conclusion of this deal, Goel Ganga Ventures India will become a wholly owned subsidiary of the Mumbai-headquartered company. No regulatory approvals are required for the acquisition of the real estate company, Macrotech Developers said in a regulatory filing.

Business-news , Breaking-news-events , Latest-news-updates , Economic-times , Economic-times-news-app , Daily-market-updates , Live-business , Realty-developer-lodha , Acquired-pune-based-goel-ganga-ventures-india , Equity-stake , Wholly-owned-subsidiary

Lodha records highest quarterly pre-sales of Rs 3,530 crore in Q2, up 12% on year

The companys collections during the quarter rose 16% from a year ago to Rs 2,750 crore, while revenues from operations declined marginally to Rs 1,750 crore. Net profit for the period declined 42% to Rs 210 crore. Intense competition among mortgage providers coupled with RBI pause and the expected downward trajectory for rate cycle in 2024 means that the market has already seen the peak of mortgage rate.

Business-news , Breaking-news-events , Latest-news-updates , Economic-times , Economic-times-news-app , Daily-market-updates , Live-business , Macrotech-developers , Realty-developer-lodha , Debt-reduction , Robust-business-development