Lodha Group Plans Five Projects in Bengaluru for FY26
Macrotech Developers, widely known as Lodha Group, plans to launch five or more real estate projects in Bengaluru during financial year 2026, aiming to increase its market share in the city significantly.
The company has completed its pilot phase in Bengaluru and has now entered the growth stage. It also intends to begin a pilot in one more Indian city within the year, expecting that it may take two to three years to move to the next phase.
Lodha entered the Bengaluru real estate market in 2021 and currently holds a market share of between two and three per cent. It recorded sales worth Rs 14 billion in the city during the previous fiscal year. The firm aims to grow its share to fifteen per cent by the end of the decade.
In Mumbai, Lodha holds a ten per cent market share, while the combined share of the top five developers remains in the mid-twenties.
For the March 2025 quarter, Lodha reported a thirty-eight per cent increase in net profit year-on-year to Rs 9.22 billion, with total income rising to Rs 44.2 billion.
Source: HT Real Estate News