Lodha Developers Secures Major Land Deal in Mumbai’s Malabar Hill

Lodha Developers, one of India’s leading real estate firms, has acquired development rights for a significant land parcel in South Mumbai’s prestigious Malabar Hill area. According to property registration documents accessed by Propstack, the deal was valued at ₹106 crore and was executed on January 7, 2026. The land, owned by the Sorabji Kanga Charity Trust, measures 17,403 sq m (over four acres).

The transaction was registered with a stamp duty payment of ₹37 crore. As per the agreement, Lodha Developers will receive a 57.5% share of the total Floor Space Index (FSI), translating into more than 36,000 sq m of development potential. The Sorabji Kanga Charity Trust will retain the remaining 42.5% share.

Under the terms of the agreement, the Sorabji Kanga Charity Trust will receive 5,017 sq m (about 54,000 sq ft) of RERA carpet area, designated as the trust premises, along with 150 car parking spaces. The value of this 5,017 sq m allocation is estimated at over ₹1,400 crore (₹1,407.13 crore), while the total potential value of the entire development stands at approximately ₹2,761 crore.

The total construction timeline for the project on the land will be 5 years. Lodha Developers is expected to come up with a project for its share, for which branding and marketing will be done by the company.

This acquisition marks a significant move for Lodha Developers in the high-value real estate market of South Mumbai. Malabar Hill, known for its prime location and luxury developments, is a coveted area for real estate developers and high-net-worth individuals.

In another recent development, Lodha Developers Limited signed a joint development agreement (JDA) for multiple land parcels spanning over 10 acres in the Parel–Sewri belt of central Mumbai on February 11, 2026. The ₹364 crore agreement was executed with two Sahana Group entities, Sahana Properties and Resorts Pvt Ltd and Shahana Builders and Developers Pvt Ltd, according to property registration documents accessed by CRE Matrix.

As part of the JDA, the revenue sharing between the two companies is set at 67% for Lodha Developers and 37% for Sahana Group of Companies. The project's construction period is also set for five years, and the total land area is 41,526 sq mtrs. The project will come up under the brand name Lodha.

These recent acquisitions highlight Lodha Developers' strategic focus on prime locations in Mumbai, further solidifying its position in the high-end real estate market. The company’s ability to secure such significant land deals underscores its strong financial position and market influence.

An email query has been sent to Lodha Developers and Sorabji Kanga Charity Trust. The story will be updated if a response is received.