InvestorQ : Why is Macrotech foraying into the Bengaluru market in the South?
Anamika Sodhani made post

Why is Macrotech foraying into the Bengaluru market in the South?

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Angel dcosta answered.
2 months ago
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Macrotech will acquire the stake of G-Corp Developers in residential projects in Bengaluru, marking the entry of Macrotech into the southern property market. It is now focused more in the Mumbai and Pune markets. Its first project in Bengaluru, has estimated sales bookings value of Rs1,200 crore. The Bengaluru realty market is fairly dispersed with share of top 5 players at only 30%. That leaves a lot of space for new entrants.

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