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Infra

Macrotech Developers had clocked a sales bookings of Rs 5,970 crore during the last fiscal year and is targeting to achieve Rs 9,000 crore in the current 2021-22.

Macrotech Developers looking to invest Rs 3,000 crore in Bengaluru

Nov 28, 2021

The company aims to increase its annual sales bookings by almost three times to Rs 20,000 crore by 2025-26.

Driverless Train Operations have been launched on the 59km Pink Line (Majlis Park to Shiv Vihar) stretch of Delhi Metro.

After Magenta Line, driverless train operations launched in Pink Line of Delhi Metro

Nov 25, 2021

Delhi Metro has now become the fourth-largest network in the world to operate with driverless technology.

 The finance ministry will soon intimate the Banks Board Bureau (BBB) about the appointment of MD and DMDs of NaBFID.

Finmin to begin appointment for MD, DMDs of NaBFID

Nov 07, 2021

The MD, DMDs and whole-time directors would not hold office after attaining the age of 65 years and 62 years respectively.

Mahindra Lifespaces’ foray into Dahisar is in line with its focus on high-performing micro-markets with strong demand for projects of trusted brands.

Mahindra’s real estate arm announces joint development in Dahisar East

Oct 27, 2021

The project, located on the Western Express Highway, is Mahindra Lifespaces’ first project in Dahisar and will offer around 5 lakh square feet of carpet area.

The tremendous jump in sales numbers could also be attributed to the 10-year-low home loan interest rates - home loans are currently available at 6.50% annual interest.

Festive season boost home sales by 59%: PropTiger

Oct 19, 2021

The report by REA India-owned real estate company PropTiger.com found that the homes sales and new supply numbers began to witness appreciation amid economic indicators signals of an overall recovery in India, data show.

Larsen and Toubro

L&T bags contracts worth Rs 2,500 cr

Oct 12, 2021

L&T said the project reaffirms its commitment to move into Modular Structural Steel Composite Structures to overcome the challenge of scarcity in skilled manpower and meet the customer's accelerated delivery timelines.

 Macrotech Developers, earlier named as Lodha Developers, has delivered more than 80 million square feet of real estate and is currently developing 75 million square feet under its ongoing and planned portfolio.

Macrotech Developers forms 5 JVs in H1 to build projects of Rs 4,500 cr, targets 5 JVs in H2

Oct 11, 2021

The development potential in the five joint development agreements is around 4 million square feet in various micro-markets of Mumbai Metropolitan Region and Pune.

Ultratech emerges as top bidder for limestone block in MP

Oct 11, 2021

Ramstahn Ghunchihai limestone mine, which has reserves of 209.77 million tonnes, was auctioned in the current fiscal.

Macrotech Developers' sales bookings stood at Rs 5,970 crore during the last fiscal year

Macrotech Developers sells properties worth Rs 3,000 cr in Apr-Sept; eye Rs 6,000 cr sales in H2

Oct 10, 2021

Macrotech Developers MD and CEO Abhishek Lodha said sales bookings in July-September jumped over two times to Rs 2,003 crore from the previous quarter.

The residential sector saw investments to the tune of USD 394 million, which is 22 per cent of the total PE funds.

Private equity inflow in real estate jumps 27% in Apr-Sep at $1.79 bn: Anarock

Oct 08, 2021

According to the data, the office segment attracted nearly 33 per cent of total PE inflows at $591 million.

Housing sales more than double to 32,358 units in 7 cities during Jul-Sep: JLL

Oct 04, 2021

JLL India said that residential sales during January-September 2021 increased by 47 per cent to 77,576 units from 52,619 units in the year-ago period.