Lodha To Launch Rs 1.4 Trillion Housing Projects This Fiscal
According to its latest investor presentation, Lodha aims to bring 10 million sq ft of new saleable area to the market across these 15 projects, spread across the Mumbai Metropolitan Region, Pune and Bengaluru.
In the first quarter of the current fiscal, the company launched projects worth Rs 83 billion, followed by launches worth Rs 49 billion in the second quarter. The presentation stated that Lodha remains “on track to meet our FY26 pre-sales guidance of Rs 210 billion”.
Lodha Developers’ pre-sales rose 7 per cent to Rs 45.7 billion during the second quarter, compared with Rs 42.9 billion in the same period last year, supported by strong housing demand. For the first half of the fiscal, pre-sales increased 8 per cent to Rs 90.2 billion, up from Rs 83.2 billion in the corresponding period of the previous year.
During the last financial year, the company’s sales bookings climbed to Rs 176.3 billion, compared with Rs 145.2 billion in the preceding year. The developer told analysts that it is focusing on boosting sales in its ongoing projects rather than relying solely on new launches to achieve its pre-sales targets.
Lodha is also preparing to make its entry into the Delhi–NCR market, with its first pilot project expected to be launched in Gurugram.
The company has delivered 110 million sq ft of completed real estate to date and is currently developing more than 130 million sq ft across its active and planned portfolio.