Lodha Developers Ltd has acquired five land parcels across Mumbai, Delhi-NCR and Bengaluru during the last quarter to develop real estate projects with an estimated sales value of nearly Rs 338 billion, the company said in its latest operational update.

Mumbai-based Lodha Developers, which markets homes under the Lodha brand, acquires land through outright purchases as well as partnerships with landowners to build a strong pipeline of future projects. During the October–December quarter of FY26, the company added five projects across the Mumbai Metropolitan Region, Delhi-NCR and Bengaluru, largely focused on residential development.

The company said the total gross development value (GDV) of the newly added projects stands at about Rs 338 billion, representing the estimated sales value of the completed developments. Lodha added that these acquisitions improve visibility on future growth and strengthen its medium-term project pipeline.

Last month, the developer entered into a partnership with MRG Group to develop two projects in Gurugram, marking Lodha Developers’ formal entry into the Delhi-NCR housing and commercial property market. The company is already developing a warehousing project in the region and said its NCR foray follows a risk-calibrated approach to capital deployment through joint development arrangements.

Lodha noted that Delhi-NCR is the country’s second-largest housing market but faces a shortage of trusted, quality developers. The company said its expansion into the region would enable it to address nearly 80 per cent of housing demand across India’s top seven cities.

One of India’s largest real estate developers, Lodha Developers already has a strong presence in the residential markets of the Mumbai Metropolitan Region, Pune and Bengaluru. In the previous financial year, the company’s sales bookings rose to Rs 176.3 billion from Rs 145.2 billion a year earlier.

For the current financial year, Lodha has set a sales bookings target of Rs 210 billion, which it said it is confident of achieving. To date, the company has delivered around 110 million sq ft of real estate and has more than 130 million sq ft under development across its ongoing and planned portfolio.