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Macrotech Developers to meet Rs 9,000-cr property sales target in FY22

The company's sales bookings stood at Rs 5,970 crore last fiscal year

Construction, workers, housing, residential property
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Asked whether the company would revise downward its sales bookings guidance, Lodha replied in negative.

Press Trust of India Mumbai
Realty firm Macrotech Developers expects to achieve its target of 50 per cent growth in sales bookings this fiscal to Rs 9,000 crore despite sluggish housing demand in April-May in view of second wave of the Covid-19 pandemic, a top company official said.

Mumbai-based Macrotech Developers, which markets its properties under 'Lodha' brand, got listed on the stock exchanges in April this year after raising Rs 2500 crore through its initial public offering (IPO). It is one of the leading real estate firm in the country.

In an interview with PTI, Macrotech Developers MD and CEO Abhishek Lodha sounded confident of meeting

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