Macrotech has been among the beneficiaries of increased consolidation in the sector, but the management has acknowledged increased competitive intensity in the crucial Mumbai market
Lodha, a leading realty developer, anticipates expanding its project portfolio and achieving higher pre-sales in FY 2024-25, buoyed by a robust housing market outlook. With a projected addition of projects worth over Rs 21,000 crore, the company aims to build upon its previous year s success. Lodha s strong operating cash flow and low leverage position it well to capitalize on market opportunities.
Stock Market Today: Godrej Properties, Mahindra Lifespace, Lodha, DLF others rise up to 4.3% as Nifty Realty Index remains the largest gainer, up 1.43% post RBI MPC outcome, that kept interest rates unchanged. Should you Buy Sell or Hold the stocks?
Most developers are buying land, taking over projects of distressed developers or partnering with smaller local developers to venture into newer locations