Lodha Developers makes NCR market debut with ₹1,700 crore office project
Macrotech set out an expansion for FY27.
· LiveMint Companies
The Mumbai-based developer is expanding beyond its traditional markets as it prepares a residential launch in Gurugram and builds a ₹20,000 crore housing launch pipeline for the second half of FY27.
Key facts
- Period
- FY27
The analysis
Macrotech reported ₹1,700 crore and ₹20,000 crore for FY27. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -0.8% on the day at ₹1,037.00, and has returned -19.4% over three months. It sits 21% below its 52-week high. The real estate sector has moved -13.7% over the same period, so Macrotech is running 5.7 points behind its peers.
For Macrotech, the question is how much of this is already reflected in the price and how much re-rates the real estate peer set alongside it.
Market context
- In focus: Macrotech (Lodha) (LODHA), in Real Estate.
- Over three months: Macrotech (Lodha) -19.4% against Real Estate -13.7% (5.7 points behind).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Macrotech (Lodha)LODHA · Real Estate | ₹1,037.00 | -0.8% | -8.6% | -19.4% | -21.2% | 0.9× | — |
Real Estate
1M -7.4% · 3M -13.7%
Macrotech (Lodha)
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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