Lodha Group to form alliances for Rs. 15,000-crore development value projects in FY23.

Lodha Group, listed as Macrotech Developers, expects to enter into alliances to undertake joint development projects with a combined gross development value of Rs. 15,000 crore in the current financial year 2022-23.

Of this, the company has already entered into three such partnerships in the June quarter to jointly develop projects spread over 5.1 million sq. ft. feet area with a gross development value of nearly Rs. 6,200 crores.

ET