Mumbai based Realty firm Macrotech Developers is likely to deploy Rs 3,000 crore out of Rs.4000 crore raised from sale of shares to institutional investors. The company aims to increase its annual sales bookings by almost three times to Rs 20,000 crore by 2025-26. The group currently has more than 4,400 acre of land beyond its ongoing and planned portfolio which will be utilized in developing further residential, commercial and industrial & logistics spaces. The company is also looking forward to enter Bengaluru real estate market.
