Lodha Developers Expands to Delhi-NCR: First Housing Project Planned for FY25
Lodha Developers, a leading real estate company, is set to enter the Delhi-NCR market with its first housing project in FY25. The company plans to acquire land and launch a pilot phase to understand the market better.
Lodha DevelopersDelhincrReal EstateHousing ProjectPilot PhaseReal Estate MumbaiAug 02, 2025
New Delhi, Aug 2 (PTI) - Abhishek Lodha, the Managing Director and CEO of Lodha Developers Ltd, has stated that the company expects to acquire at least one land parcel in the Delhi-NCR region this fiscal year. This acquisition will pave the way for the development of Lodha's first residential property in this important market.
According to the transcript of management discussions with analysts, Abhishek Lodha emphasized that the company will undertake a few housing projects in a pilot phase to better understand the market dynamics and build a local operating team. He said, “The Delhi NCR is an important market for us to get into. We will enter in a gradual manner, similar to our approach in Pune and Bengaluru. We will start with a pilot phase, focusing on a moderate number of projects and a moderate level of investment to understand how the market operates and to build out the supply chain for operations and sales.”
In the pilot phase, the company will focus on building a local operating team and gaining insights into the market. Abhishek Lodha added, “We expect that we will conclude one or more land transactions either on a joint development basis or otherwise in the course of this financial year and hope to launch in the next financial year.”
Lodha Developers, based in Mumbai, has reported strong financial performance in recent quarters. The company saw a 42% increase in its consolidated net profit to Rs 675.1 crore in the first quarter of this fiscal year, up from Rs 475.9 crore in the same period last year. On the operational front, the company recorded a 10% growth in sales bookings during the April-June period, reaching Rs 4,450 crore.
Total income for the April-June period of the 2025-26 fiscal year rose to Rs 3,624.7 crore, compared to Rs 2,918.3 crore in the corresponding period of the previous year. Lodha Developers has a strong track record in the real estate sector, having delivered 110 million square feet of real estate and currently developing more than 130 million square feet under its ongoing and planned portfolio.
Lodha Developers' expansion into the Delhi-NCR market is a strategic move to tap into the growing demand for housing in one of India's most populous and economically vibrant regions. The company's gradual approach and focus on building a local team demonstrate its commitment to long-term success in this new market.
Frequently Asked Questions
What is Lodha Developers' plan for the Delhi-NCR market?
Lodha Developers plans to enter the Delhi-NCR market with its first housing project in FY25. The company expects to acquire at least one land parcel this fiscal year and will start with a pilot phase to understand the market better.
What is the pilot phase for Lodha Developers in the Delhi-NCR market?
The pilot phase will involve a few housing projects with a moderate number of projects and a moderate level of investment. The focus will be on building a local operating team and understanding the market dynamics.
What is the financial performance of Lodha Developers in the first quarter of this fiscal year?
Lodha Developers reported a 42% increase in its consolidated net profit to Rs 675.1 crore in the first quarter of this fiscal year, up from Rs 475.9 crore in the same period last year. Sales bookings also grew by 10% to Rs 4,450 crore.
What is the current presence of Lodha Developers in other markets?
Lodha Developers has a significant presence in the Mumbai Metropolitan Region, Pune, and Bengaluru housing markets. The company has delivered 110 million square feet of real estate and is currently developing more than 130 million square feet under its ongoing and planned portfolio.
Why is the Delhi-NCR market important for Lodha Developers?
The Delhi-NCR market is important for Lodha Developers due to its growing demand for housing and its status as one of India's most populous and economically vibrant regions. Entering this market will help the company diversify its portfolio and tap into new opportunities.
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