Realty firm Lodha Developers Ltd has partnered with MRG Group to develop two real estate projects in Gurugram, with a combined revenue potential exceeding Rs 36 billion.

The partnership marks the Mumbai-based developer’s entry into the Delhi-NCR housing and commercial real estate market. Lodha Developers is already present in the region through a warehousing development and is now expanding its footprint through residential and mixed-use projects.

In a statement issued on Tuesday, MRG Group confirmed its collaboration with Lodha Developers for the two Gurugram developments, signalling growing interest by national developers in the NCR property market.