Macrotech Developers inks pact for 5-acre joint development in Pune’s Wakad

Macrotech Developers (Lodha) has entered a joint development agreement worth ₹165.3 crore to develop a five-acre land parcel in Pune's Wakad, near Hinjewadi. The landowners, Goelpushp Developers and Shri Balaji Ventures, will receive a 22.5% revenue share. This deal highlights Lodha's strategic expansion in Pune, capitalizing on the city's robust real estate market and Wakad's growing demand.