Macrotech to Launch Rs 190 Billion Projects Across Key Cities This Fiscal

06 May 2025 CW Team

Mumbai-based Macrotech Developers Ltd, which operates under the ‘Lodha’ brand, plans to launch residential projects worth Rs 190 billion across Mumbai Metropolitan Region (MMR), Pune, and Bengaluru in the current fiscal year, riding high on strong housing demand.

According to Executive Director–Finance Sushil Kumar Modi, the company will launch 17 housing projects covering 13 million square feet in 2025-26, significantly up from the 10 million sq ft launched last fiscal with a Gross Development Value (GDV) of Rs 140 billion.

Modi highlighted that Macrotech is targeting sharp growth in Pune and Bengaluru. Pre-sales in Pune rose to Rs 25 billion in FY25 from Rs 18 billion the year before. In Bengaluru, the company recorded Rs 8 billion in sales last fiscal and aims to double this in FY26.

To fuel future growth, Macrotech plans to invest over Rs 80 billion this fiscal to acquire land parcels in MMR, Pune, and Bengaluru. These will support projects with a potential revenue of Rs 250 billion.

“In 2024-25, we invested Rs 70 billion for new business development and acquired 10 land parcels with Rs 237 billion in potential revenue,” said Modi. The company acquires land through outright purchases and joint development agreements (JDAs).

Operationally, Macrotech has set a target of Rs 210 billion in sale bookings this fiscal—nearly 20% higher than the Rs 176.3 billion achieved in FY25.

On the financial front, the firm reported a consolidated net profit of Rs 2,764.3 crore (Rs 27.6 billion) in FY25, up from Rs 15.5 billion in the previous year. Total income rose to Rs 141.7 billion from Rs 104.7 billion year-on-year.

Macrotech Developers has delivered about 100 million sq ft of real estate and is actively developing another 110 million sq ft across its current and upcoming portfolio.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..