Lodha returns to Pune housing market with a 400-unit premium project

24 Aug 2021 CW Team

Lodha Group, a Mumbai-based real estate firm, is returning to the Pune market with an initial 400-unit premium project in the city's south, hoping to profit from the premium housing boom and historically low-interest rates.

It is the Lodha Group's second project in Pune and its return to the local market after the luxury Belmondo project in Gahunje nearly a decade ago.

The project, which has yet to be named, is being built in the NIBM area, and they are collaborating with another city-based real estate firm on it. The first phase of the project, which will include 25 storey-high towers, is expected to cost up to Rs 700 crore. According to Lodha, construction will begin in the next six weeks, with completion expected in three years.

The Lodha Group, also known as Macrotech Developers (formerly Lodha Developers), is an Indian real estate company based in Mumbai. Mangal Prabhat Lodha founded it in 1980.

In Mumbai, Thane, Hyderabad, Pune, and London, it has built residential and commercial properties. Lodha Altamount, The World Towers, Lodha Bellissimo, Trump Tower Mumbai, and Lodha Park are just a few of the company's notable projects. Palava, an integrated smart city near Mumbai, is also credited to the company. On 19 April 2021, the company was renamed, Macrotech Developers.

Image Source

Also read: Tata Realty plans to invest Rs 4,000 cr in real estate business

Infrastructure Transport

09 Oct 2025

PM Modi Inaugurates Navi Mumbai International Airport

Prime Minister Narendra Modi inaugurated the Navi Mumbai International Airport and launched several key development projects in Mumbai, Maharashtra. Addressing the gathering, he extended festive greetings and hailed the airport’s launch as a defining moment in India’s infrastructure journey.Highlighting that Mumbai’s long wait for a second international airport had finally ended, Shri Modi said the facility would make the region one of Asia’s leading connectivity hubs. He added that Mumbai’s first fully underground metro system, constructed while preserving the city’s heritage buil..

National Workshop Focuses On India’s Clean Energy Transition

The Association of Renewable Energy Agencies of States (AREAS) and the Natural Resources Defense Council (NRDC), in partnership with the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) and the Self-Employed Women’s Association (SEWA), organised a two-day national workshop aimed at accelerating India’s clean energy transition.Representatives from over 25 Indian states, along with clean energy developers and civil society institutions, participated in the event, which focused on advancing renewable energy adoption, green financing, and capacity building.On the first ..

National Workshop Focuses On Water Conservation And Recharge

As part of the preparatory thematic workshops leading up to the Departmental Summit on the Vision for Sujalam Bharat (scheduled for 28–29 November 2025), the National Water Mission (NWM) under the Ministry of Jal Shakti successfully conducted the 6th Thematic Workshop on ‘Water Conservation and Recharge’ at the NDMC Convention Centre, New Delhi.The workshop, anchored in the vision outlined by Prime Minister Narendra Modi during the 4th Conference of Chief Secretaries, forms part of a series of six Departmental Summits in 2025 designed to encourage collaboration between central and state ..