Macrotech targets Rs 12,000 Billion revenue from Mumbai, Bengaluru ventures

08 Aug 2023 CW Team

Real estate company Macrotech Developers Ltd recently acquired five plots of land in the Mumbai region and Bengaluru during the April to June quarter. These acquisitions are part of the company's plan to develop housing projects that have the potential to generate revenue of Rs 12,000 billion. Abhishek Lodha, MD and CEO of Macrotech Developers, expressed that they have successfully added projects worth Rs 120 billion in the first quarter of this fiscal year, aligning with their annual target guidance of Rs 175 billion. He stated to PTI that there are no revisions being made to their target for business development at present. Macrotech Developers operates under the Lodha brand, engaging in both land purchases and joint development agreements (JDAs) with landowners to establish a pipeline for future real estate ventures. "We are partners for landowners, offering both deals and JDAs," said Lodha.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..