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

Lohia Worldspace to Invest Rs 200 Crore in Moradabad's First Housing Project
Real Estate News:Lohia Worldspace, a diversified real estate firm, is making a significant move into the housing market with an ambitious project in Moradabad, Uttar Pradesh. The company, which is the real estate arm of the privately held Lohia Global, will invest approximately Rs 200 crore to develop a 10-acre housing project. This marks Lohia Worldspace's entry into the real estate business and is expected to be completed by 2029.

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.

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