July 31, 2024: Real estate developer Lodha announced its financial results for the first quarter (Q1) of fiscal year 2024-25 (FY25) ended June 30, 2024. The company reported its best ever Q1 pre-sales of … READ FULL STORY
July 11 2024: Hurun Report has released the 2024 GROHE-Hurun India Real Estate 100, ranking India’s most successful real estate companies by value. According to Anas Rahman Junaid, founder and chief researcher, Hurun India, “India … READ FULL STORY
April 29, 2024: Macrotech Developers plans to increase its investment in real estate construction to over Rs 5,000 crore in the current financial year (FY25), aligning with the growth in sales and new supply. … READ FULL STORY
March 7, 2024: Macrotech Developers (Lodha) today announced the successful closure of its Qualified Institutional Placement (QIP). The Rs 3,300 crore institutional placement was well-received from both existing and new as well as global … READ FULL STORY
The Supreme Court (SC) has instructed Lodha Crown Buildmart, a division of the real estate developer Macrotech Developers (Lodha), to reimburse Rs 2.25 crore to a homebuyer within a year, alongside a simple interest … READ FULL STORY
January 10, 2024: Real estate developer Macrotech Developers, which operate as the Lodha Group, has executed sales and purchase agreement (SPA) for acquisition of 100% equity stake in Goel Ganga Ventures India Private Limited … READ FULL STORY
In an unprecedented move, the Maharashtra Real Estate Regulatory Authority (MahaRera) deregistered five projects in Mumbai and Pune due to poor response from homebuyers, unviability or financial problems. Two of the projects are of … READ FULL STORY
The Maharashtra Real Estate Regulatory Authority (MahaRera) suspended the registration of 388 real estate projects and sealed the bank accounts associated with them. The authority restricted the projects’ further sales, marketing or advertising for … READ FULL STORY
Real estate developer Macrotech Developers Ltd (Lodha) on April 22, 2023, reported a 39% jump in its consolidated net profit at Rs 744 crore for the quarter ended March 31, 2023 (Q4FY23). The builder … READ FULL STORY
The impact of the Coronavirus notwithstanding, wealth owned by real estate developers in India has grown in 2021 when compared to the previous year, shows the IIFL Wealth Hurun India Rich List 2021. The … READ FULL STORY
After launching its initial public offer (IPO) on April 7, 2021, to raise Rs 2,500 crores through fresh issue of shares, real estate giant Macrotech Developers is ready to list its shares on stock … READ FULL STORY
