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

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

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.

About the author
Sandeep Sadh

About Sandeep Sadh

Sandeep Sadh has been in the real estate business since 1993 in Mumbai. He has expertise in Buying, Selling, Leasing properties in Mumbai and a deep understanding of legal and tax related matters due to his experience.

Summary

Over the years, he has experienced the City's growth. He has been a columnist in the Times of India with numerous articles, which bring about a clear picture of the real estate market in Mumbai. He is a regular on NDTV, CNBC, ET Now Real Estate and Zee News, giving his experienced quotes as and when required.

Sandeep Sadh has used information and technology since the year 1998 and now what people call it Prop Tech to cater to the needs of Home Buyer, Seller, Investor and Corporates, HNI and NRI looking to Buy/Sell or Lease their properties in the Mumbai Property Market.

Sandeep has a holistic experience of real estate be it Leasing an Apartment for your CEO in the most upmarket buildings, to enter into a long lease for your office in Mumbai in prime buildings or an Investment in good projects with a detailed analysis keeping in mind the Demand and Supply and other micro factors of the project/property.

Sandeep Sadh has developed a few websites like www.mumbaipropertyexchange.com, www.realestatemumbai.com, www.propi.in which augment the real estate consulting business.

Right from Investments in Primary Markets to Selling, leasing and specializing for NRI’s all over the world. He is an expert in NRI Home Buying and Selling and has a good understanding of the Income Tax laws pertaining to Selling a Property and Repatriating funds overseas or reinvesting based on Capital Gains etc.

Experience

  • Residential Leasing
  • Commercial Leasing
  • Residential Home Buying
  • Commercial Property Buying
  • Investment Properties with complete Property Management as your Real Estate Family office

While transacting in the above segments, he has complete experience and deep understanding of the paper work, his areas of expertise are :

  1. Drafting of the Leave and License Agreements
  2. MOU for Buying/Selling Properties
  3. Drafting Agreement for Sale
  4. Gift Deeds
  5. Computing of Capital Gains with current ready reckoner values
  6. Drafting of Supporting Power of Attorney.

As an add on Service, Sandeep Sadh has tied up with various Professionals like Lawyers and Chartered Accountants who add value in transacting and specially services for Non Resident Indians.

Application to Income Tax for Lower Tax Deduction Certificate – Through a qualified CA and keeping a grip on the traction so that the remittance back to Non Resident Indians after Selling the property is seamlessly transferred.

You can connect with Sandeep Sadh on ssadh@mumbaipropertyexchange.com

LinkedIn - https://www.linkedin.com/in/sandeepsadhmpe/