Macrotech Developers’ share price has crashed over 20 percent since the start of the year. Shares gained 4 percent to Rs 1,117 in the morning trade on March 11. The company signed a deal to acquire a 3.4-acre land parcel in Mumbai’s Jogeshwari West from Unichem Laboratories for over Rs 279 crore. In the first nine months of 2024-25, the company added eight new projects across Mumbai Metropolitan Region (MMR), Bengaluru, and Pune, with a total development value of Rs 19,500 crore. The real estate major reported a 66 percent growth in its consolidated net profit for the October-December quarter to Rs 944.4 crore, while the consolidated revenue grew by 39 percent over the same period to Rs 4,083 crore. Lodha noted that demand has been robust, with consumers increasingly focusing on buying high-quality homes. Hence, company believes that, even during a future slowdown or lean period, branded players will be in a good position.