Lodha Developers Buys 5 Land Parcels for ₹34,000 Cr Projects

• Five new land parcels added across three major property markets

• Projects to generate estimated sales of about ₹33,800 crore

• Lodha strengthens its presence in NCR through joint developments

Lodha Developers Ltd has strengthened its future growth plans by acquiring five new land parcels across Mumbai Metropolitan Region (MMR), Delhi-NCR and Bengaluru during the October–December quarter of the current financial year. The company said these land additions will support real estate projects with a combined estimated sales value of nearly ₹34,000 crore.

According to the company’s latest operational update to stock exchanges, the newly acquired sites will be used primarily for residential developments, though some mixed-use and commercial elements may also be included. In real estate terms, the total gross development value (GDV) of these projects stands at ₹33,800 crore, representing the expected revenue from selling all units once the projects are completed.

Lodha Developers follows a balanced land acquisition strategy, combining outright purchases with partnerships and joint developments with landowners. This allows the company to expand its portfolio while keeping capital risks under control and improving visibility of long-term growth.

“In Q3 of FY26, we added five projects with GDV of ₹338 billion across MMR, NCR and Bengaluru,” the company stated, highlighting how these new land parcels will help build a strong pipeline for the coming years.

Big push into Delhi-NCR

One of the most notable developments this quarter was Lodha’s deeper entry into the Delhi-NCR market. Last month, the company announced a partnership with MRG Group to develop two projects in Gurugram, marking its formal entry into NCR’s residential and commercial real estate space. Lodha is also already working on a warehousing project in the region.

The company described this as a “risk-calibrated” expansion, using joint development models rather than heavy upfront land purchases. This approach allows Lodha to test the market, manage costs, and scale operations carefully.

Lodha believes NCR presents a large opportunity. It is currently the second-largest housing market in India, but the company points out that there is still a shortage of trusted, high-quality developers who can deliver large-scale, well-managed projects.

With its entry into NCR, Lodha estimates it can now cater to nearly 80% of housing demand across the top seven Indian cities, significantly widening its national footprint.

Strong base in MMR and Bengaluru

Lodha Developers already has a dominant presence in Mumbai Metropolitan Region, along with growing operations in Pune and Bengaluru. The new land parcels in these cities will help the company maintain momentum in markets where demand for branded, reliable developers remains high, especially in mid-income, premium, and luxury housing.

Over the years, Lodha has built a strong track record in project execution. The company has delivered around 110 million square feet of real estate and currently has more than 130 million square feet under development or in its future pipeline.

Rising sales and confident outlook

Financially, the company has been on a steady growth path. In the last financial year, Lodha Developers recorded sales bookings of ₹17,630 crore, up from ₹14,520 crore in the previous year. For the ongoing financial year, it has set an ambitious target of ₹21,000 crore in sales bookings, which management says is achievable based on current demand and project launches.

The addition of new land parcels further strengthens the company’s confidence, providing visibility for future launches and revenue streams.

With housing demand being driven increasingly by end-users rather than investors, especially in major urban markets, Lodha’s focus on scale, brand trust, and quality construction positions it well to benefit from India’s evolving real estate landscape.