Lodha Developers in Q3 raised Rs. 34,000 crores project acquired 5 lands

Realty firm Lodha Developers Limited last quarter acquired 5 land parcels for developing projects in Mumbai, Delhi-NCR and Bengaluru, with an estimated selling price of Rs. 34,000 crores.

Mumbai-based Lodha Developers Ltd, which sells properties under the Lodha brand, acquires land parcels through outright purchases and partnerships with landowners to build a strong pipeline of future projects.

According to the company’s latest operational update on the stock exchanges, Lodha Developers acquired five plots of land in Mumbai Metropolitan Region (MMR), Delhi-NCR and Bengaluru in the October-December period of the 2025-26 financial year.

The company will develop real estate projects, mainly housing, on this land parcel. The total revenue potential of these five projects is Rs. 33,800 crore is estimated.

“In Q3, FY26, we added five projects in MMR, NCR and Bengaluru with a GDV (gross development value) of Rs 338 billion (Rs 33,800 crore),” Lodha said in an update.

In real estate parlance, GDV stands for Estimated Sales Value of the entire project.

Lodha Developers believes that the acquisition of this land will give the company better visibility for future growth.

Last month, the company partnered with MRG Group to develop two projects in Gurugram.

This marked the entry of Lodha Developers into the housing and commercial real estate market of Delhi-NCR. It is already developing a warehousing project.

“Our pilot in NCR has commenced with two projects on a joint development basis, reflecting our risk-calibrated approach to capital deployment,” the company said.

Lodha Developers noted that Delhi-NCR is the second largest housing market in the country, but there is a dearth of reliable quality developers.

“The NCR entry will enable us to meet nearly 80 per cent of housing demand in the top seven Indian cities,” Lodha said.

Lodha Developers, one of the largest real estate developers in the country, has a strong presence in the residential markets of MMR, Pune and Bengaluru.

During the last financial year, the company’s sales bookings increased to Rs. 17,630 crore, which in the previous year was Rs. 14,520 crores.

For the current financial year, Lodha has spent Rs. 21,000 crore sales booking target, which it is confident of achieving.

So far, the company has delivered 110 million square feet of real estate and is developing over 130 million square feet under its ongoing and planned portfolio.