Lodha To Invest Rs 19 Billion in NCR Housing Project

29 Jul 2025 CW Team

The project is expected to launch by April 2026, positioning Lodha in direct competition with regional market leaders such as DLF. Known for its upscale developments in Western India, Lodha aims to become one of the top three developers in any city it enters within three years, as per Chief Sales Officer Prashant Bindal.

The move is part of a broader trend in the real estate sector, with major players expanding beyond their core geographies to tap into high-growth urban markets. DLF recently saw a complete sell-out of the first phase of its Mumbai debut, generating over Rs 23 billion in sales. Similarly, Bengaluru-based Prestige Estates Projects has entered Mumbai with three completed developments covering 2.8 million square feet.

Such cross-regional expansions are intensifying competition for prime land parcels, experienced talent, and institutional capital. Analysts suggest this reflects growing confidence in India’s luxury housing market, although developers may face challenges if the current property cycle slows.

Lodha has plans for seven to eight project launches in 2025 across Mumbai, Pune, and Bengaluru. The company remains confident in replicating its Western success in the fragmented yet promising NCR market.

Its capital-intensive approach signals a shift in Indian real estate, where leading developers are focusing on scale, consolidation, and enhanced project quality to appeal to affluent, discerning buyers.

Bloomberg also highlights that although the high-end housing market has rebounded post-pandemic, it remains vulnerable to cyclical risks such as interest rate fluctuations and regulatory shifts.

Lodha’s Rs 19 billion bet on NCR will serve as a key test for the region’s luxury real estate resilience amid a surge in new launches and rising competition.

Lodha Developers, India’s second-largest listed real estate company by market capitalisation, is set to invest Rs 19 billion (approximately USD 220 million) in a premium residential project in the Delhi-National Capital Region (NCR). This marks the Mumbai-based firm’s strategic entry into North India’s high-end housing segment, according to a Bloomberg report.The project is expected to launch by April 2026, positioning Lodha in direct competition with regional market leaders such as DLF. Known for its upscale developments in Western India, Lodha aims to become one of the top three developers in any city it enters within three years, as per Chief Sales Officer Prashant Bindal.The move is part of a broader trend in the real estate sector, with major players expanding beyond their core geographies to tap into high-growth urban markets. DLF recently saw a complete sell-out of the first phase of its Mumbai debut, generating over Rs 23 billion in sales. Similarly, Bengaluru-based Prestige Estates Projects has entered Mumbai with three completed developments covering 2.8 million square feet.Such cross-regional expansions are intensifying competition for prime land parcels, experienced talent, and institutional capital. Analysts suggest this reflects growing confidence in India’s luxury housing market, although developers may face challenges if the current property cycle slows.Lodha has plans for seven to eight project launches in 2025 across Mumbai, Pune, and Bengaluru. The company remains confident in replicating its Western success in the fragmented yet promising NCR market.Its capital-intensive approach signals a shift in Indian real estate, where leading developers are focusing on scale, consolidation, and enhanced project quality to appeal to affluent, discerning buyers.Bloomberg also highlights that although the high-end housing market has rebounded post-pandemic, it remains vulnerable to cyclical risks such as interest rate fluctuations and regulatory shifts.Lodha’s Rs 19 billion bet on NCR will serve as a key test for the region’s luxury real estate resilience amid a surge in new launches and rising competition.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..