Macrotech to Launch Rs 10K-Cr Real Estate Space in MMR & Pune
Macrotech Developers will be launching 7.3 million square feet of residential space worth Rs 10,000 crore in the Mumbai Metropolitan Region (MMR) and Pune by March 2023. The company has already launched 4.4 million sq ft of residential space in the first six months of the current financial year from April-June 2022 worth nearly Rs 8,500 crore. The company is looking at a good amount of the pipeline coming in newer locations in MMR, which include eastern and western suburbs and Navi Mumbai. The company is also focused on the Pune market and intends to close the year with the numero uno status in the city. Macrotech currently has ready-to-move-in inventory worth around Rs 7,000 crore, while those under construction is Rs 17,000-18,000 crore (6-36 months).
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