India, April 13 -- Mumbai-based listed real estate company Macrotech Developers, which sells properties under the Lodha brand, has acquired 10 land parcels in FY25 to develop housing projects with a total sales value of almost Rs.24000 crore across MMR, Bengaluru and Pune.

The company said in its operational update that during the year it added 10 new projects (excluding Digital Infra projects) with Rs.23700 crore ( Rs.~237bn) of GDV across MMR, Bengaluru and Pune, surpassing our full year guidance of Rs.21000 crore ( Rs.210bn).

Macrotech Developers had given a guidance for 2024-25 that it would be acquiring land parcels having a revenue potential of Rs.21,000 crore.

On the business development front, the company has added two new proj...