Lodha Developers Seals 5 Land Deals, Plans Rs 34,000 Crore Project Portfolio
Overview
Lodha Developers Ltd. has significantly expanded its future project pipeline by acquiring five land parcels in Mumbai, Delhi-NCR, and Bengaluru during the third quarter of FY26. These acquisitions are set to underpin an estimated sales value of nearly Rs 34,000 crore, signaling aggressive growth plans for the realty major. The company also made its debut in Gurugram's commercial and housing markets through a partnership.
Major Land Acquisitions Bolster Lodha's Future Growth
Lodha Developers Ltd. has announced the acquisition of five strategic land parcels across key Indian markets, including the Mumbai Metropolitan Region (MMR), Delhi-NCR, and Bengaluru. The transactions, completed during the October-December period of the 2025-26 fiscal year, are expected to drive projects with an estimated gross development value (GDV) of Rs 33,800 crore.
This move signals a robust expansion strategy for the Mumbai-based developer, which operates under the Lodha brand. Lodha Developers regularly acquires land through outright purchases and joint ventures to maintain a strong pipeline of future developments. The company highlighted that these acquisitions provide enhanced visibility for future growth.
Delhi-NCR Expansion Accelerates
Beyond the land acquisitions, Lodha Developers has also entered into a partnership with MRG Group to develop two projects in Gurugram. This marks a significant entry into the Delhi-NCR's competitive housing and commercial real estate segment, complementing its existing warehousing development in the region.
Lodha Developers views the Delhi-NCR as a critical market, describing it as the nation's second-largest housing market with a discernible shortage of trusted, quality developers. The company believes its entry into NCR will enable it to cater to approximately 80% of the housing demand across India's top seven cities.
Strong Sales Momentum Continues
The company's operational update also underscored its strong sales performance. Last fiscal year, Lodha Developers achieved sales bookings of Rs 17,630 crore, an increase from Rs 14,520 crore in the prior year. For the current financial year, Lodha has set an ambitious target of Rs 21,000 crore in sales bookings, a figure the company is confident of meeting.
Lodha Developers has a substantial track record, having delivered 110 million square feet of real estate. Its ongoing and planned portfolio comprises over 130 million square feet, indicating continued expansion in its development activities.
