Realty firm Macrotech Developers is exploring entry into the Delhi-NCR's residential market as part of its strategy to grow the company's business beyond Mumbai Metropolitan Region (MMR), Pune and Bengaluru, its Managing Director Abhishek Lodha has said.
Macrotech Developers, which markets its properties under the Lodha brand, is one of the leading real estate developers in the country.
"We are exploring to enter Delhi-NCR housing market," he told PTI in an interview.
The company is looking to acquire lands, either outright or joint development agreement with landowners, he added.
Macrotech Developers has already bought a land parcel in Delhi-NCR to develop industrial and logistics parks and is now looking at entering the housing business.
After establishing a significant presence in both MMR and Pune housing markets, Macrotech Developers had in 2022 entered Bengaluru.
The company has already launched two housing projects in Bengaluru and plans to launch three more in the IT ...