Synopsis
With its concentration in the most lucrative of real-estate markets in India huge inventory pile and diversity across categories Macrotech has everything that could make it a major beneficiary if the real-estate boom continues. But if the sector crumbles under the pandemic and macro-economic pressure, the stock may become a riskier bet.
Two roads diverged in a yellow wood, And I took the one that went through the rebranded neighbourhood of Upper Worli, Upper Thane and new Cuffe Parade.The ‘I’ in the above reworked phrase taken from Robert Frost’s famous poem refers to Mumbai-based realty developer Macrotech Developers. Formerly known as the Lodha Group, the company has been a pioneer at rebranding the Maximum City’s not-so-desirable PIN codes.Prior to changing its own name, it