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Why Macrotech is upbeat while realty braces for slowdown
Mint Chennai
|April 29, 2025
Macrotech Developers Ltd (Lodha) expects its pre-sales or bookings to surge to ₹21,000 crore this financial year from ₹17,600 crore in 2024-25, driven by its key Mumbai Metropolitan Region market as well as its new geographies of Bengaluru and Pune.
Lodha's management expects at least five projects to be operational in Bengaluru in FY26. While the company's business development pipeline in Bengaluru signals a significant scale-up over the next 2-3 years, the city already accounts for 2-3% of Macrotech's total pre-sales. This is expected to reach 15% over the next decade. In Pune, Lodha has added two new projects, taking its total count in the city to nine. It expects Pune to contribute a substantial portion of FY26 pre-sales.
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