Macrotech Developers Eyes Delhi-NCR Market Expansion with Land Acquisition Plans

Macrotech Developers, a leading real estate company based in Mumbai, is setting its sights on expanding into the Delhi-NCR residential market. The company, which operates under the well-known 'Lodha' brand, is actively looking to acquire land for group housing projects in this high-growth region.

Currently, Macrotech Developers has a strong presence in the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru. However, the company sees significant potential in the Delhi-NCR market and is in the process of identifying land parcels for its pilot projects. The company plans to approach the market cautiously, leveraging its experience to establish a strong foothold before scaling operations.

Macrotech has already made progress by acquiring a land parcel in Gurugram last fiscal for the development of an industrial and logistics park, and discussions are ongoing for potential residential land acquisitions in the region. The company is optimistic about the future growth of its Pune and Bengaluru markets, while also planning to expand its footprint in Delhi-NCR.

As part of its strategic growth, Macrotech Developers has been acquiring multiple land parcels. In the 2024-25 fiscal year alone, the company acquired 10 new parcels for residential projects, with an estimated revenue potential of 23,700 crore. This is in line with their ambitious plan to invest over 8,000 crore this fiscal to add new projects worth 25,000 crore to their portfolio.

With its strong performance in sales bookings, a record 17,630 crore in the last fiscal, and an optimistic outlook for the Indian real estate sector, Macrotech Developers remains focused on expanding its business and launching significant residential projects in key markets.