Lodha's Macrotech Developers Achieves Record-Breaking Q3 Sales Growth

In a Shining Testament to the Robust Demand in India's Real Estate Market

Macrotech Developers, operating under the iconic Lodha brand, has set a new benchmark in the industry. For the quarter ending December, the company reported a staggering 32% growth in sales bookings, amounting to an impressive ₹4,510 crore. This achievement marks their highest-ever quarterly pre-sales, a reflection of their unwavering commitment to excellence in residential real estate development.

A Milestone Quarter for Macrotech Developers

This quarter's performance represents a significant leap from ₹3,410 crore in sales bookings during the same period last year. "We achieved our best-ever quarter pre-sales of ₹4,510 crore, showcasing 32% year-on-year growth," the company proudly announced in a regulatory filing. This milestone is not just a number; it underscores the strong market confidence in Lodha's premium offerings.

Sustained Growth Momentum

Looking at the broader picture, Macrotech Developers sustained a remarkable 25% growth in sales bookings during the first nine months of this fiscal year. From April to December, the company's pre-sales surged to ₹12,820 crore, up from ₹10,300 crore in the corresponding period of the 2023-24 financial year. This steady upward trajectory highlights their strategic prowess in tapping into India's thriving real estate sector.

The Lodha Legacy

Macrotech Developers has long been synonymous with innovation and trust, cementing its position as one of India’s leading real estate developers. Through its Lodha brand, the company has redefined urban living with projects that blend luxury, functionality, and sustainability.

A Closer Look at the Demand Drivers

The surge in sales bookings can be attributed to the rising demand for residential properties, fueled by factors such as:

• Increased urbanization
• Evolving consumer preferences for quality housing
• Strategic project locations offering excellent connectivity

Looking Ahead

With such a stellar performance, Macrotech Developers is poised to continue its upward momentum, solidifying its leadership in India's real estate landscape. Their ability to innovate and adapt to evolving market dynamics ensures that they remain at the forefront of the industry.