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Lodha Developers Ltd has strengthened its future development pipeline by acquiring five land parcels across Mumbai Metropolitan Region, Delhi-NCR and Bengaluru during the October-December quarter of FY26. These acquisitions, made through a mix of outright purchases and partnerships, are expected to generate an estimated gross development value of around INR 33,800 crore, largely from residential projects. The move reflects the company's strategy of building long-term growth visibility by expanding its land bank in high-demand urban markets. Lodha's recent entry into Delhi-NCR, including joint development projects in Gurugram, marks a significant geographic expansion aimed at capturing housing demand across India's largest cities.
Lodha Developers Ltd has acquired five land parcels across major real estate markets Mumbai Metropolitan Region (MMR), Delhi-NCR and Bengaluru during the third quarter of the 2025-26 financial year, reinforcing its expansion strategy and future project pipeline. The company estimates that the real estate projects to be developed on these parcels will have a combined gross development value (GDV) of approximately INR 33,800 crore. Advertisement
According to the company's latest operational update, the acquisitions were completed during the October-December period through a combination of outright land purchases and partnerships with landowners. Lodha Developers primarily plans to develop residential projects on these sites, aligning with its core focus on housing across key urban centres.
The company stated that adding these projects in MMR, NCR and Bengaluru will significantly enhance visibility of future growth and provide a strong foundation for sustained development activity. GDV, a commonly used metric in the real estate sector, represents the estimated total sales value of a project upon completion.
A notable highlight of the quarter was Lodha Developers entry into the Delhi-NCR real estate market. The company recently partnered with MRG Group to develop two projects in Gurugram, marking its first foray into the region's housing and commercial segments. Lodha is already present in NCR through a warehousing project, and the new residential developments signal a broader expansion strategy.
The company described its NCR entry as a pilot phase, undertaken through joint development agreements to ensure a risk-calibrated approach to capital deployment. Management noted that Delhi-NCR is the country's second-largest housing market and continues to face a shortage of trusted, large-scale developers, creating opportunities for established players.
Lodha Developers believes that its expansion into NCR will allow it to address nearly 80 per cent of housing demand across the top seven Indian cities. The company already has a strong presence in MMR, Pune and Bengaluru.
During the previous financial year, Lodha's sales bookings rose to INR 17,630 crore from INR 14,520 crore a year earlier. For the current fiscal, the company has set a sales bookings target of INR 21,000 crore. To date, it has delivered 110 million square feet of real estate and is developing over 130 million square feet across ongoing and planned projects.
Source - PTI
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