Macrotech Developers Acquires 20 Acres in Bengaluru for ₹2,800 Cr Project

Macrotech Developers, known for its Lodha brand, has acquired a 20-acre land parcel in Bengaluru to develop a housing project valued at ₹2,800 crore. The Mumbai-based company is expanding its footprint by acquiring land through outright purchases and joint development agreements with landowners. In this case, part of the Bengaluru land was purchased outright, while the remainder is being developed through a joint agreement. This acquisition aligns with Macrotech's strategy to grow its residential portfolio and cater to the increasing demand for housing in key markets.