Nearly half of Lodha’s unsold inventory in premium segments

19 Feb 2021 Editorial Team

The draft red herring prospectus (DRHP) filed by Lodha Developers said nearly 48% of the total unsold inventory of residential developments (by value) was in the premium and luxury segments.

The macrotech developer filed its DRHP with the Securities and Exchange Board of India (Sebi) to raise Rs 2,500 crore through the initial public offering (IPO).

The DRHP said almost 21% of unsold inventory of the firm, which mostly operates in the Mumbai Metropolitan Region (MMR), was priced between Rs 1 crore and Rs 3 crore. About 7% was priced between Rs 3 crore and Rs 5 crore, 22% priced between Rs 5 crore and Rs 8 crore, and 15% over Rs 8 crore.

As per Anarock Property Consultants, at the end of 2020, of the total 638,000 unsold units in top seven cities, total stock in the luxury segment (priced above Rs 1.5 crore) was 14% (industry figures).

Make in Steel 2021

24 February

Click for event info

4th Indian Cement Review Conference 2021

17-18 March

Click for event info

For the financial year (FY) 2021 and FY20, premium and luxury projects contributed Rs 1,327.8 crore and Rs 2,233.8 crore to sales, accounting for 42.22% and 42.2% of residential sales, respectively. The DRHP said 35% of unsold inventory was below Rs 1 crore as of December 2020.

As of December 2020, unsold inventory in its affordable and mid-income projects constituted 52% of the total unsold residential developments (by value).

For FY21 and FY20, its affordable and mid-income projects contributed Rs 1,817.2 crore and Rs 3,055.3 crore to sales, which accounted for 57.78% and 57.77% of residential sales, respectively.

According to Anarock, 35% of unsold stock in the top seven cities was in the affordable segment (less than Rs 40 lakh) and 31% in the mid-income segment, priced between Rs 40 lakh and Rs 80 lakh.

Image: Lodha Developers reported a net loss of over Rs 264 crore in the quarter ended December.

Also read: 57% people now prefer homes over other investments: Survey

Also read: Lodha Group records highest ever quarterly sales

The draft red herring prospectus (DRHP) filed by Lodha Developers said nearly 48% of the total unsold inventory of residential developments (by value) was in the premium and luxury segments. The macrotech developer filed its DRHP with the Securities and Exchange Board of India (Sebi) to raise Rs 2,500 crore through the initial public offering (IPO). The DRHP said almost 21% of unsold inventory of the firm, which mostly operates in the Mumbai Metropolitan Region (MMR), was priced between Rs 1 crore and Rs 3 crore. About 7% was priced between Rs 3 crore and Rs 5 crore, 22% priced between Rs 5 crore and Rs 8 crore, and 15% over Rs 8 crore. As per Anarock Property Consultants, at the end of 2020, of the total 638,000 unsold units in top seven cities, total stock in the luxury segment (priced above Rs 1.5 crore) was 14% (industry figures).Make in Steel 202124 February Click for event info4th Indian Cement Review Conference 202117-18 March Click for event infoFor the financial year (FY) 2021 and FY20, premium and luxury projects contributed Rs 1,327.8 crore and Rs 2,233.8 crore to sales, accounting for 42.22% and 42.2% of residential sales, respectively. The DRHP said 35% of unsold inventory was below Rs 1 crore as of December 2020. As of December 2020, unsold inventory in its affordable and mid-income projects constituted 52% of the total unsold residential developments (by value). For FY21 and FY20, its affordable and mid-income projects contributed Rs 1,817.2 crore and Rs 3,055.3 crore to sales, which accounted for 57.78% and 57.77% of residential sales, respectively. According to Anarock, 35% of unsold stock in the top seven cities was in the affordable segment (less than Rs 40 lakh) and 31% in the mid-income segment, priced between Rs 40 lakh and Rs 80 lakh.Image: Lodha Developers reported a net loss of over Rs 264 crore in the quarter ended December. Also read: 57% people now prefer homes over other investments: Survey Also read: Lodha Group records highest ever quarterly sales

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..