Lodha Developers Ltd. share price target

Macrotech Developers Limited Issue Open: April 07 April 09, 2021, Price Band: Rs. 483 486, *Issue Size: 51,440,329 eq shares, Issue Size: Rs. 2484.6 2500.0 cr, Reservation for: QIB Upto 50% eq sh, Non Institutional atleast 15% eq sh, Retail Upto 35% eq sh, *Employee Upto 617,284 eq sh, Face Value: Rs 10, Book value:Rs. 97.03 (Dec 31, 2020) Bid size: - 30 equity shares and in multiples thereof

MACROTECH DEVELOPERS LIMITED (LODHA) is one of the largest real estate developers in India, by residential Sales value for the financial years 2014 to 2020. Its core business is residential real estate developments with a focus on affordable and mid-income housing. In 2019, it forayed into the development of logistics and industrial parks and entered

The Mumbai Metropolitan Region (MMR) is considered the most attractive real estate market in the Top Seven Indian Markets, having the largest share of supply and absorption, and highest average base selling price. In this region, MDL has developed a strong brand and has existing land reserves, industry knowledge and regulatory environment know-how. This, in turn, has aided the company to attain a leadership position in South Central Mumbai, Thane and the Extended Eastern Suburbs micro-markets of the MMR, with the largest share of supply (by units), absorption (by value) and...

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