Macrotech Developers IPO Note: HDFC Securities

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:.DISCLAIMERThis 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.

Macrotech Developers IPO Note: HDFC Securities

Macrotech Developers IPO Note: HDFC Securities

Choose a plan