Macrotech Expands Its Reach with 8 New Projects
Macrotech Developers, widely recognised as Lodha Group, has reported impressive pre-sales of ₹4,500 crore for the third quarter of FY25, marking a 32% year-on-year growth from ₹3,400 crore in the same period last year. This record-breaking performance reflects the company’s robust strategy and effective execution across its diversified portfolio. The pre-sales numbers, according to company officials, have reached their highest ever and are indicative of the market’s growing confidence in the brand’s offerings. Furthermore, collections for Q4FY25 reached over ₹4,200 crore, registering a significant 66% increase compared to ₹2,500 crore during the same period last year.
In a further display of its strong market position, Macrotech Developers expanded its footprint in the Bengaluru real estate market with the addition of a new project valued at ₹2,800 crore. This move is in line with the company’s larger strategic focus on consolidating its presence in key metropolitan regions. As of now, the company boasts five locations in Bengaluru, positioning itself for considerable pre-sales growth in the city from FY26 onwards. Bengaluru, with its rapidly expanding tech industry and urban infrastructure, offers immense growth potential for Macrotech as it moves beyond its established bases in Mumbai and Pune.
The company’s expansion strategy continues to unfold with the addition of eight new projects in FY25 across the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru, contributing a total gross development value (GDV) of over ₹19,500 crore. This substantial increase in its project pipeline is expected to bring the company closer to achieving its full-year guidance of 90% growth. Moreover, Macrotech’s continued focus on strengthening its land bank, including the recent acquisition of 33 acres for its Digital Infrastructure business in Delhi NCR, aligns with the company’s vision for sustainable and diversified growth.
While the financial growth is commendable, Macrotech Developers has also made significant strides in reducing its net debt by over ₹600 crore, bringing the figure down to ₹4,300 crore. This achievement is a testament to the company’s ability to generate strong cash flows and efficiently manage its liabilities. With a debt-to-equity ratio now well below 0.5x, Macrotech’s financial health remains robust, enabling it to focus on further expansion and development with reduced financial pressure.
Sustainability continues to be a key focus for the company. By expanding its digital infrastructure and diversifying into industrial and warehousing spaces, Macrotech is adapting to the evolving needs of urban growth. Additionally, with strategic projects like those in Bengaluru, the company is not only tapping into new revenue streams but is also contributing to the sustainability of urban growth by focusing on reducing the housing deficit in these fast-growing markets. Macrotech’s emphasis on creating mixed-use developments, alongside residential projects, also aligns with its broader goals of fostering sustainable urban development while supporting job creation and improving access to housing.
In summary, Macrotech Developers’ record pre-sales performance in Q3 FY25, coupled with its expansion into new markets and reduction in debt, demonstrates the company’s capacity to thrive in a competitive real estate landscape. The company’s commitment to sustainability and urban development continues to resonate well with investors, consumers, and industry stakeholders alike. With Bengaluru set to play an increasingly significant role in its future growth, Macrotech’s strategic focus on high-value projects and financial prudence positions it well for long-term success.
