Real estate giant Macrotech Developers expands its footprint across key markets amid record sales growth with new launches planned in Mumbai, Pune & Bengaluru.

Record Expansion Plans

Macrotech Developers Ltd, a prominent player in India’s real estate sector has unveiled ambitious plans to launch nearly 8 million square feet of residential space in the second half of the current fiscal year with a projected sales value of ₹10,000 crore. This move is part of Macrotech’s growth strategy as it aims to meet surging demand for branded housing in major urban centers.

In its latest investor presentation the company shared that it successfully launched 3.6 million square feet during the first half of FY25 (April to September) with an estimated sales booking potential of ₹6,130 crore. The new launches in the second half will target key markets within the Mumbai Metropolitan Region (MMR), Pune & Bengaluru.

Surpassing Sales Milestones

Earlier this month, Macrotech reported an impressive 21% year-on-year increase in sales bookings achieving a record ₹4,290 crore during the July-September quarter attributed to the strong demand for housing despite the seasonal impact of monsoons & the inauspicious Shraddh period in September.

Abhishek Lodha, MD-CEO of Macrotech Developers, expressed optimism about the company’s performance. “We achieved our best-ever quarterly pre-sales performance of ₹4,290 crore in Q2, FY25,” said Lodha. He noted that the festive season has already shown early signs of robust demand, setting the stage for continued sales momentum into the coming months.

FY25 Sales Guidance: On Track for ₹17,500 Crore

Macrotech’s sales bookings reached ₹8,300 crore in the first half of FY25, putting the company on a strong footing to achieve its ambitious target of ₹17,500 crore in pre-sales for the full fiscal year. This represents a 21% growth target over the previous year, in which the company registered a record ₹14,520 crore in sales bookings.

The firm is optimistic about the festive season’s potential, buoyed by factors like consumer optimism, strong housing affordability & intense competition among mortgage providers. Lodha highlighted that the expected downward trend in interest rates during the latter half of FY25 could further accelerate growth, especially within the mid-income segment.

Leading the Market in Quality Housing

With a portfolio of approximately 100 million square feet of completed projects & more than 110 million square feet under development, Macrotech Developers has established itself as a leader in the real estate market. The company’s significant footprint across the MMR, Pune & Bengaluru reinforces its ability to cater to the demand for high-quality branded residential spaces in key metropolitan areas.