Macrotech Developers, also known as Lodha Developers, has exceeded its pre-sales projection for the financial year 2025. The company had set a target of achieving pre-sales of Rs 9,000 crore for the year, but it has already surpassed this mark. This is a significant achievement for the company, which is one of the largest real estate developers in India.
According to a report, Macrotech Developers has achieved pre-sales of over Rs 9,300 crore in the first nine months of the financial year, which is a growth of 15% compared to the same period last year. The company’s sales momentum has been driven by its focus on affordable and mid-income housing projects, which have seen strong demand from homebuyers.
The company’s Managing Director, Abhishek Lodha, stated that the strong pre-sales performance is a testament to the company’s ability to deliver high-quality projects and its strong brand reputation. He also attributed the success to the company’s strategy of focusing on affordable and mid-income housing, which has helped to drive sales.
Macrotech Developers has a strong presence in the Indian real estate market, with a portfolio of over 100 projects across the country. The company has a significant presence in the Mumbai Metropolitan Region (MMR) and the National Capital Region (NCR), and is also expanding its presence in other cities such as Pune and Bengaluru.
The company’s pre-sales performance is expected to continue to drive growth in the coming quarters, with a strong pipeline of new projects and a focus on delivering high-quality homes to customers. Macrotech Developers is also investing in new technologies and digital platforms to enhance the customer experience and improve operational efficiency.
The strong pre-sales performance of Macrotech Developers is also a positive sign for the Indian real estate sector, which has been facing challenges in recent years due to factors such as high debt levels and regulatory changes. The company’s success demonstrates that there is still strong demand for high-quality housing in India, and that developers who focus on delivering value to customers can achieve success.
Overall, Macrotech Developers’ pre-sales performance for FY25 is a significant achievement, and demonstrates the company’s ability to deliver strong growth and performance in a challenging market. The company’s focus on affordable and mid-income housing, combined with its strong brand reputation and commitment to quality, is expected to continue to drive growth in the coming quarters.