India, May 27 -- Abhishek Lodha, managing director and CEO of Macrotech Developers, also known as Lodha Group, said the company expects to have five or more real estate projects in Bengaluru during the current financial year.

"...we have concluded our pilot phase successfully in Bengaluru and are now at a stage where the growth phase is starting to take off," Lodha said during the Q4FY25 investors' call. "We are expecting to have five or more projects operational in Bengaluru in the course of the current fiscal year."

Bengaluru will begin to contribute meaningfully to the company's growth starting this year. With Bengaluru now in the growth phase, "we expect to start the pilot in one more city in FY26, which, of course, will take two to...