Macrotech Developers Acquires Land Parcel in Mumbai for ₹279 Cr

Real estate developer Lodha, listed as Macrotech Developers, has signed an agreement to acquire a 3.4-acre land parcel in Jogeshwari West, Mumbai, from Unichem Laboratories for over ₹279 crore.
Located at Prabhat Estate off Swami Vivekananda Road, the property includes an 82,000 sq. ft. office building that served as Unichem's registered office. This acquisition is expected to strengthen Lodha’s development portfolio in Mumbai’s western suburbs.