Real estate firm Macrotech Developers has reported a 12% YoY growth in sales bookings, reaching Rs 3,530 crore in the July-September period. The company achieved its best-ever quarterly pre-sales performance and has achieved 48% of its FY24 pre-sales guidance. Macrotech Developers is confident about delivering its full-year pre-sales target of Rs 14,500 crore, with seven new locations planned to be launched in the second half of the fiscal year.
Real estate experts say that the margins, high sales and redevelopment opportunities in Mumbai make India’s financial capital an attractive market for realtors.
India Business News: Realty major DLF on Friday reported a 12 per cent rise in consolidated net profit to Rs 527 crore in the first quarter of this fiscal and announced it
Listed developers cost of debt shrinks to 9% in FY23 from 10 3% in FY20 financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
We take you through a case in which the National Consumer Disputes Redressal Commission directed Macrotech Developers to refund over Rs 11 crore to a homebuyer in Mumbai.