Lohia Worldspace to Invest Rs 200 Crore in Moradabad's First Housing Project
Lohia Worldspace, a diversified real estate firm, is set to invest Rs 200 crore in a 10-acre housing project in Moradabad, Uttar Pradesh. The project, expected to be completed by 2029, will feature 175 luxury villas and marks the company's entry into the real estate market. Lohia Worldspace also plans to develop more projects in Moradabad and enter the Delhi property market.
Lohia WorldspaceMoradabad Housing ProjectLuxury VillasReal Estate InvestmentReal Estate ProjectsReal Estate NewsJul 12, 2025
The project will feature 175 luxury villas, catering to the growing demand for premium homes in the Moradabad market. Lohia Worldspace is well-positioned to capitalize on this demand, leveraging its extensive land bank of around 200 acres across various cities in North India.
Established in 1979, Lohia Global has a rich history and a diversified portfolio that includes handicraft exports, electric vehicles, tiles, and solar energy. With an annual revenue of around Rs 1,200 crore, the Group has decided to expand into real estate to monetize its valuable land assets.
Pyush Lohia, Director of Lohia Worldspace, expressed his vision for the project, stating, 'Our vision with Lohia Worldspace is to create homes that are modern, meaningful, and rooted in thoughtful design.' The project cost is estimated at Rs 200 crore, and the company is committed to delivering high-quality, sustainable homes.
Moradabad, a city with a rich cultural heritage, is poised to benefit from this investment. 'There is a huge demand for premium homes in the Moradabad market,' said Pyush Lohia. 'Last year, Lohia Global announced its entry into real estate and committed to investing Rs 1,000 crore over the next five years to develop real estate projects across India. These projects will primarily be located on premium land parcels already owned by the group.'
The company's commitment to Moradabad is evident in its plans to launch more projects in the city in the coming years. Additionally, Lohia Worldspace intends to enter the Delhi property market, further expanding its reach and impact in the real estate sector.
This initiative not only reflects the company's strategic growth plans but also underscores its commitment to contributing to the development of local communities. 'Moradabad isn't just where we begin. It's where our roots are. We are proud to invest in the city's future by offering something that uplifts its people, infrastructure, and aspirations,' said Pyush Lohia.
With a focus on quality and sustainability, Lohia Worldspace is set to make a significant impact in the real estate market, both in Moradabad and beyond.
Frequently Asked Questions
What is Lohia Worldspace's first housing project?
Lohia Worldspace's first housing project is a 10-acre development in Moradabad, Uttar Pradesh, featuring 175 luxury villas.
How much is Lohia Worldspace investing in the Moradabad project?
Lohia Worldspace is investing Rs 200 crore in the Moradabad housing project.
When is the Moradabad housing project expected to be completed?
The Moradabad housing project is expected to be completed by 2029.
What are Lohia Worldspace's future plans in Moradabad?
Lohia Worldspace plans to launch more projects in Moradabad in the coming years and also enter the Delhi property market.
What is Lohia Global's annual revenue?
Lohia Global, the parent company of Lohia Worldspace, has an annual revenue of around Rs 1,200 crore.
Tags:
Related News Articles
Samvardhana Motherson Shares: Vinit Bolinjkar's Cautious Approach Explained
Vinit Bolinjkar of Ventura Securities shares his insights on Samvardhana Motherson's remarkable 109.75% profit growth
Experience the Magic of Konkan Living with Nakshatra Bungalow Township
Discover the ultimate blend of traditional charm and modern amenities at Nakshatra, PPROM Developers' latest project in Dapoli, Maharashtra.
Green Revolution in Indian Real Estate: GO.RED Leads the Way
GO.RED is set to deliver environment-friendly projects across India, fostering sustainable development and full-scale green ecosystems.
Retail Sector Sees Unprecedented Growth in First Half of 2024
India's retail sector witnesses strongest H1 leasing in 5 years, with 3.1 mn sq. ft. of retail space leased across 8 cities.
Mumbai's Residential Real Estate Market Set to Soar: Sales Value Expected to Exceed ₹2 Lakh Crore by 2030
Mumbai's residential market continues to attract substantial real estate investments, with record-high sales values and strategic infrastructure developments.
Delta Corp Surges 10% on Real Estate Demerger News
Delta Corp shares surged 10% after the company announced the demerger of its hospitality and real estate businesses.