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Macrotech Developers Ltd
Macrotech Developers Ltd Company History
Macrotech Developers is primarily engaged in the business of real estate development.
2005
Launched Lodha Paradise in Thane.
2005
2006
Start of acquisition of land for Palava city.
Macrotec Constructions Private Limited (the erstwhile Subsidiary) won the bid for Apollo Textile Mills in an auction from National Textile Corporation for Bellissimo, Primero & Excelus projects.
2006
2008
Investment of Rs. 16,400 million from Deutsche Bank in Cowtown Infotech Services Private Limited.
Investment from ICICI Ventures in Lodha Elevation Buildcon Private Limited in respect of ÂiThink ThaneÂ.
2008
2010
Launch of Phase I of Palava City.
2010
2011
Investment from HDFC Venture Fund and Tramos Limited in Shreeniwas Cotton Mills Limited (Rs. 5,000 million).
Acquisition of Wadala land parcel through auction process conducted by Mumbai Metropolitan Region Development Authority.
Launch of World One project in Lower Parel, Mumbai.
2011
2012
Exit of Deutsche Bank from Cowtown Infotech Services Private Limited.
Launch of New Cuffe Parade project in Wadala, Mumbai.
2012
2013
Launch of South MumbaiÂs largest landscape, ÂThe Park in Worli.
Acquisition of Washington House for Lodha Altamount project from the US Government.
2013
2014
Expansion into UK with acquisition of two development sites in Central London, including Canadian High Commission.
ÂThe Global Leadership in Real Estate Award in the NDTV Property Awards
ÂThe Most Trusted Real Estate Brand in the Country by the Brand Trust Report
Ranked as one of IndiaÂs Best Companies to Work for, 2014Â by Great Places to Work
ÂIndiaÂs Most Admired Builders by the Construction World Architect & Builder (CWAB)
2014
2015
Successful closure of international bond offering of 12% USD 200 million due in 2020 by our Subsidiary, Lodha Developers International Limited.
Launched Lodha Luxury collection for super high-end residential.
Acquisition of 87 acre land from Clariant Chemicals in Thane.
ÂSpecial Recognition Award in the ET Best Realty Brands (BRB) Awards
Ranked as one of IndiaÂs Best Companies to Work for, 2015 by Great Places to Work
2015
2016
Launch of Amara in Thane.
ÂBest Private Township in the BW Business World Smart Cities Awards
Certificate of recognition for ÂIconic Upcoming Project- World One Worli as the Times Realty Icon 2016 by Optimal Media Solutions
2016
2017
Exit of HDFC Venture Fund and Tramos Limited from Shreeniwas Cotton Mills Limited.
Exit of ICICI Ventures (iThink Thane in Lodha Elevation Buildcon Private Limited).
Launch of Lincoln Square project in London.
Best ÂSocial Media Integrated Campaign for the World Towers at the National Awards for Marketing Excellence by Times Network
ÂMost Respected Real Estate Brand  India by 2017 Grohe Hurun
Scroll of Honthe award for ÂMarketing Firm of the Year  India by CREDAI
Highest Livability Quotient for Palava, by JLLÂs livability quotient
2017
2018
Follow-on fund raising of USD 125 million on 12% USD Bonds due in 2020.
Development finance tied up for both the London properties.
Acquisition of five acres of land parcel in Jogeshwari.
Launch of Seamont project in Walkeshwar, Mumbai.
Launch of Upper Thane project in Thane.
Lodha Altamount recognised as one of the ÂBest Residential Project under Ultra-Luxury Segment in the West Zone of India by CNBC Awaaz Real Estate Awards 2017-18
2018
2019
Joint Venture with ESR Mumbai 3 Pte. Limited for developing an industrial park at Palava.
Sale of NCP commercial tower 1 for a total consideration of INR 10,550 million through sale of shares of subsidiary company to Varde Group, Singapore.
Best Activation Campaign Store Launch for Lodha Xperia Mall by the Activation Venue Forum
ÂGolden Brick Outstanding Project of the Year  Mix Land Development for the Palava City at the Golden Brick Awards 2019
2019
2020
Repaid the bond of USD 325 million and raised the fresh bond of USD 225 million due 2023 by the subsidiary, Lodha Developers International Limited.
Development finance fully repaid and consummated inventory finance for both the London properties.
Launch of ÂLodha Crown in Thane.
Certificate of recognitions for ÂThe Project of the Year and ÂTop Super Luxury Segment Homes (above 3 cr) for the World Towers, Mumbai project as the Times Real Estate Icons, West India 2020 by Optimal Media Solutions
Certificate of recognition for ÂTop Developer of the Year as the Times Real Estate Icons, West India 2020 by Optimal Media Solutions
Company name has changed to Macrotech Developers Ltd. from Lodha Developers Pvt. Ltd..
2020
2021
Launch of ÂLodha Villa Royale in Thane
2021
2022
Macrotech Developers announced a partnership with Tata Power, to provide end-to-end EV charging solutions in all its residential and commercial projects across Mumbai.
Macrotech Developers partners with Bain Capital and Ivanhoe Cambridge.
2022
2023
Company has issued Bonus Shares in the Ratio of 1:1.
2023