Lodha Developers Expands Footprint with Strategic Land Acquisitions in Key Cities
Realty firm Lodha Developers Ltd has made strategic land acquisitions in the last quarter, adding five land parcels in Mumbai, Delhi-NCR, and Bengaluru. These acquisitions are expected to fuel the development of real estate projects with an estimated sales value of nearly Rs 34,000 crore.
Mumbai-based Lodha Developers Ltd, known for selling properties under the Lodha brand, has a robust strategy of acquiring land parcels through outright purchases and partnerships with landowners. This approach ensures a strong pipeline of future projects, solidifying the company's position in the real estate market.
According to the company's latest operational update on stock exchanges, Lodha Developers acquired five land parcels in the October-December period of the 2025-26 fiscal across the Mumbai Metropolitan Region (MMR), Delhi-NCR, and Bengaluru. The total revenue potential of these projects is estimated at Rs 33,800 crore.
'In Q3, FY26, we added five projects with GDV (gross development value) of Rs 338 billion (Rs 33,800 crore) in MMR, NCR, and Bengaluru,' Lodha said in the update. The gross development value (GDV) in real estate terms refers to the estimated sales value of the entire project.
Lodha Developers believes that these acquisitions will provide better visibility into future growth opportunities. Last month, the company partnered with MRG Group to develop two projects in Gurugram, marking its entry into the Delhi-NCR's housing and commercial real estate market.
'Our pilot in NCR has started with two projects on a joint development basis, reflecting our risk-calibrated approach to capital deployment,' the company said. The Delhi-NCR region is the second-largest housing market in the country, but it currently lacks trusted quality developers.
'The NCR entry will enable us to serve nearly 80 per cent of the housing demand across the top seven Indian cities,' Lodha noted. This strategic move positions Lodha Developers to capitalize on the growing demand for quality residential and commercial spaces in the region.
Lodha Developers, one of the largest real estate developers in India, has a strong presence in the residential markets of MMR, Pune, and Bengaluru. The company's sales bookings increased to Rs 17,630 crore in the last fiscal year, up from Rs 14,520 crore in the preceding year. For the current financial year, Lodha has set a sales bookings target of Rs 21,000 crore, a number it is confident of achieving.
So far, Lodha Developers has delivered 110 million sq ft of real estate and is currently developing more than 130 million sq ft under its ongoing and planned portfolio. This significant expansion underscores the company's commitment to meeting the housing and commercial needs of India's growing urban population.