Macrotech Developers Ltd Company Profile: Products, Promoters and Clients
Question 1: What are the products and services of Macrotech Developers Ltd?
Macrotech Developers Limited, formerly Lodha Developers Limited, was founded on September 25, 1995, and it is a top real estate developer in India. This Indian multinational company is based in Mumbai and develops residential and commercial properties in Mumbai, Thane, Hyderabad, Pune, and London. They also have projects in Crown Quality Homes in Hyderabad and London and commercial properties in Mumbai. They focus on building residential and commercial properties. The company offers a variety of options, including luxury homes, affordable housing, and office spaces. Here’s a closer look at what they provide:
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1- Residential Properties
Macrotech Developers Ltd. is well-known for its residential real estate projects. They offer homes for various buyers, including those looking for luxury, mid-income, and affordable options.
- Luxury Housing: The Lodha Group is famous for its high-end residential projects with excellent amenities and designs. Key luxury projects include Lodha Altamount and Lodha Park, which offer upscale apartments and penthouses in prime areas like South Mumbai.
- Mid-Income Housing: The company also focuses on the growing middle class by building homes that provide quality living at reasonable prices. Projects like Lodha Palava in the Mumbai Metropolitan Region (MMR) offer modern housing with amenities such as schools, parks, and shopping centers for families and working professionals.
- Affordable Housing: They entered the affordable housing market with its CASA by Lodha brand for budget-friendly homes for first-time buyers, usually in well-connected suburban areas. CASA Viva, for example, provides quality homes with essential amenities at low costs.
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2- Commercial Properties
Macrotech Developers build commercial properties, creating top-quality office spaces and business centers.
- Office Spaces: The company builds high-quality office spaces under the iThink brand for multinational and large businesses. These offices have modern designs, advanced technology, and eco-friendly features, appealing to global and local companies.
- Retail Spaces: Macrotech Developers creates retail and mixed-use spaces that offer shopping, dining, and entertainment. These projects are often part of more significant residential or commercial developments, making it easy for residents and visitors to access various services.
3- Township Developments
One of the company's flagship offerings is known for its township developments. These large communities are self-sufficient and come with complete infrastructure and amenities.
- Lodha Palava City: Palava City is one of India's most significant township projects, and it is located near Mumbai. It includes homes, shops, offices, schools, hospitals, parks, and other necessary facilities. The city aims to offer a high-quality, sustainable living environment focusing on green spaces and community amenities.
4- Logistics and Industrial Parks
To meet the growing demand for modern industrial and logistics facilities, the company is building industrial parks to meet the rising need for modern industrial and logistics spaces.
- Industrial and Logistics Parks: The company creates modern industrial parks through its Lodha Industrial and Logistics Parks initiative. These parks support manufacturing, warehousing, and logistics businesses and provide updated infrastructure and easy access to transportation hubs, making them perfect for companies that want to set up large operations.
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5- Hospitality and Leisure
Macrotech Developers is also involved in the hospitality and leisure sectors. They provide high-quality hotels and resorts alongside their real estate projects.
- Hotels and Resorts: The company partners with international hospitality brands to build luxury hotels for mixed-use developments. These hotels are often in prime areas within larger residential or commercial projects.
6- Sustainable Development and Smart Cities
The company works with global brands to create luxury hotels in mixed-use developments. These hotels are usually in prime locations within larger residential or commercial projects.
- Green Buildings: The company designs homes and commercial spaces that save energy and use eco-friendly materials, helping to protect the environment.
- Intelligent Infrastructure: They use technology to manage city services, boost security, and improve life quality in their projects, especially in integrated townships.
7- International Projects
They are growing internationally, focusing on luxury projects in the United Kingdom. Some of their key projects include:
- Lincoln Square and No. 1 Grosvenor Square in London are luxury residential buildings. They provide high-quality living spaces with excellent amenities and are located in famous areas.
Question 2: Who are the promoters of Macrotech Developers?
The promoter shareholding of Macrotech Developers Ltd is 72.13%. The Chairman of Macrotech Developers Ltd includes is M M Chitale and Abhishek Mangal Prabhat Lodha is the Managing Director and CEO of the company.
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