Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Apr 07, 2021

Macrotech Developers IPO Note: HDFC Securities

Macrotech Developers IPO Note: HDFC Securities
Lodha Seamont residential property by Lodha Developers (image: Company website)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

HDFC Securities Report

Macrotech Developers Ltd. (erstwhile Lodha Developers Ltd.) is one of the largest real estate developers in India, by residential sales value for the financial years 2014 to 2020.

Its core business is residential real estate developments with a focus on affordable and mid-income housing.

Currently, it has residential projects in the Mumbai Metropolitan Region and Pune.

In 2019, it forayed into the development of logistics and industrial parks and entered into a joint venture with ESR Mumbai 3 Pte. Ltd. (‘ESR'), a subsidiary of ESR Cayman Ltd., an Asia Pacific focused logistics real estate platform.

It also develops commercial real estate, including as part of mixed-use developments in and around its core residential projects.

Company's customer-centric business model focuses on designing and developing its ‘branded products' to address consumer needs across locations and price points.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search