Lodha Group Expands in Bengaluru with Five New Real Estate Projects in FY2026
Lodha Group, also known as Macrotech Developers, is set to launch at least five new real estate projects in Bengaluru in the current fiscal year, aiming to significantly increase its market share in the city.
Real EstateLodha GroupBengaluruProperty MarketMarket ShareReal EstateMay 27, 2025
Abhishek Lodha, the managing director and CEO of Macrotech Developers, announced the company's plans during the Q4FY25 investors’ call. He stated, “We have concluded our pilot phase successfully in Bengaluru and are now at a stage where the growth phase is starting to take off. We are expecting to have five or more projects operational in Bengaluru in the course of the current fiscal year.”
Bengaluru will begin to contribute meaningfully to the company’s growth starting this year. With Bengaluru now in the growth phase, “we expect to start the pilot in one more city in FY26, which, of course, will take two to three years before it moves into the growth phase,” Lodha added.
In 2024, Lodha had set a target of achieving a 15% market share in Bengaluru's real estate market by 2030. Currently, the company holds a market share of between 2% and 3% of sales in Bengaluru, with about ₹14 billion in sales in the last fiscal year. Lodha Group entered the Bengaluru real estate market in 2021 and expects to gain an average of 2% market share in India's IT Capital.
The company's strategic entry into Bengaluru aligns with its broader vision of expanding its presence across major Indian cities. Lodha Group has already established a significant market share in Mumbai, with the company's market share in the Mumbai real estate market at around 10%. The market share of the top five developers in Mumbai is still in the mid-20s, indicating the potential for further growth.
Lodha Group’s Q4 financial results for the March quarter showed a 38% year-on-year rise in consolidated net profit to ₹921.7 crore, driven by higher income. The company's net profit stood at ₹665.5 crore in the year-ago period. According to a regulatory filing, its total income rose to ₹4,420.3 crore in the fourth quarter of the previous fiscal year from ₹4,083.9 crore in the corresponding period of the preceding year.
These financial results underscore the company's strong performance and its ability to capitalize on market opportunities. As Lodha Group continues to expand its footprint in Bengaluru, it is poised to leverage the city's growing real estate market and its strategic importance as a hub for IT and other industries.
In conclusion, Lodha Group's plans to launch five new projects in Bengaluru in FY2026 reflect its commitment to growth and its confidence in the city's real estate market. With a clear focus on achieving a 15% market share by 2030, the company is well-positioned to make a significant impact in Bengaluru and beyond.
Frequently Asked Questions
What is Lodha Group's plan for Bengaluru in FY2026?
Lodha Group plans to launch at least five new real estate projects in Bengaluru in FY2026, aiming to increase its market share in the city.
What is the current market share of Lodha Group in Bengaluru?
Lodha Group currently holds a market share of between 2% and 3% of sales in Bengaluru, with about ₹14 billion in sales in the last fiscal year.
What is Lodha Group's target market share in Bengaluru by 2030?
Lodha Group aims to achieve a 15% market share in Bengaluru's real estate market by 2030.
When did Lodha Group enter the Bengaluru real estate market?
Lodha Group entered the Bengaluru real estate market in 2021.
What were Lodha Group's financial results for the March quarter of FY2025?
Lodha Group reported a 38% year-on-year rise in consolidated net profit to ₹921.7 crore for the March quarter of FY2025, driven by higher income.
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