On business performance in the March quarter, Lodha said the company has been clocking quarterly sales of around Rs 3,000 crore and expressed confidence of achieving that number this quarter as well.
The real estate company announced the addition of four additional projects totaling 2.2 million square feet of saleable space with a GDV of Rs 3,100 crore in various MMR and Pune micromarkets.
Lodha said the company would continue to focus on Mumbai Metropolitan Region (MMR) and Pune. Macrotech is exploring opportunities in Bengaluru market and a final decision will be taken in the next few months.
Mumbai-based Macrotech Developers, which markets its properties under Lodha brand, got listed on stock exchanges in April this year after raising Rs 2,500 crore through an initial public offering (IPO).