Lodha Buys Five Land Parcels With Rs 338 Billion GDV
Real Estate

Lodha Buys Five Land Parcels With Rs 338 Billion GDV

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.

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.

Next Story
Infrastructure Urban

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Next Story
Infrastructure Urban

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Next Story
Infrastructure Urban

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement