Tret.

Tret.

Macrotech Developers to Invest ₹8,000 Crore in FY26 for Land Acquisition in Mumbai, Pune, Bengaluru

Macrotech Developers Ltd, one of India’s leading real estate firms operating under the ‘Lodha’ brand, plans to invest over ₹8,000 crore in FY26 to acquire land parcels in Mumbai Metropolitan Region (MMR), Pune, and Bengaluru. The move is part of the company’s broader expansion strategy focused on strengthening its residential project pipeline.

Speaking to PTI, Sushil Kumar Modi, Executive Director-Finance at Macrotech Developers, stated that housing demand remains robust, especially for established brands with strong execution track records. To fuel its growth, the company aims to secure land parcels this financial year capable of supporting projects with a combined revenue potential of ₹25,000 crore.

Last fiscal, Macrotech invested around ₹7,000 crore for new business development, acquiring 10 land parcels across MMR, Pune, and Bengaluru. These assets are expected to generate approximately ₹23,700 crore in revenue through future projects. In FY26, the company plans to surpass last year’s investment to meet its ambitious expansion targets.

The firm’s approach includes outright land purchases and partnerships with landowners through joint development agreements (JDAs), which involve upfront payments to landowners.

On operational performance, Modi noted that the company has set a sales booking guidance of ₹21,000 crore for FY26, representing an increase of about 20% from the previous year. In FY25, Macrotech recorded ₹17,630 crore in pre-sales, exceeding its initial guidance of ₹17,500 crore and up 21% from ₹14,520 crore in FY24.

In its Q4 results, Macrotech reported a 38% year-on-year rise in consolidated net profit to ₹921.7 crore, driven by higher income. Total income for the quarter stood at ₹4,420.3 crore, up from ₹4,083.9 crore a year earlier. For the full year FY25, net profit surged to ₹2,764.3 crore from ₹1,549.1 crore in FY24, while total income climbed to ₹14,169.8 crore from ₹10,469.5 crore.

Macrotech Developers has delivered approximately 100 million square feet of real estate to date and is currently managing a development pipeline of over 110 million square feet across ongoing and planned projects, reaffirming its position as a major player in India’s real estate market.

Knowledge Source : https://www.livemint.com/industry/infrastructure/macrotech-developers-to-invest-8-000-crore-in-fy26-to-buy-land-in-mumbai-bengaluru-pune-11745750186148.html