Macrotech Developers to Invest Rs.35 -40 Bn This Fiscal

17 May 2024 CW Team

Macrotech Developers, formerly known as Lodha Developers, is set to inject between ?35 to ?40 billion in land acquisitions during the current fiscal year. This strategic move aims to strengthen the company's land bank as it eyes expansion opportunities in the real estate market.

The Mumbai-based real estate giant has been actively pursuing land parcels to fuel its growth trajectory. With this substantial investment earmarked for land acquisition, Macrotech Developers aims to bolster its presence across key markets.

This investment comes at a crucial juncture for the real estate sector, which has been witnessing gradual recovery after the pandemic-induced slowdown. By securing prime land parcels, Macrotech Developers seeks to capitalise on emerging opportunities and cater to the evolving demands of homebuyers and investors.

The company's proactive approach towards acquiring land underscores its commitment to expanding its footprint in the Indian real estate landscape. By strategically investing in land assets, Macrotech Developers aims to fortify its position as a leading player in the sector.

With a focus on prudent investments and strategic acquisitions, Macrotech Developers remains poised to navigate through the challenges and capitalise on the growth potential offered by the Indian real estate market.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..