Lodha Developers Ltd is preparing to launch residential projects valued at ₹17,000 crore in the remaining months of FY26, backed by sustained demand in India’s key housing markets. The company is aiming to leverage favorable economic signals and recent land acquisitions to expand its footprint across Mumbai, Pune, and Bengaluru.
Sushil Kumar Modi, Executive Director (Finance) at Lodha Developers, indicated that the company expects residential demand to remain strong in the upcoming quarters, aided by economic growth, budgetary support measures such as tax reliefs, and recent softening in housing loan interest rates. The demand surge that began post-COVID is expected to continue through the rest of the financial year, he added.
The company has set a full-year pre-sales target of ₹21,000 crore for FY26, up from ₹17,237 crore in FY25. Lodha had initially planned ₹18,000 crore worth of launches for the year, but with five new land parcels acquired during Q1, the total potential pipeline has increased to approximately ₹25,000 crore.
Projects worth ₹8,000 crore have already been launched in the first quarter, with the remaining ₹17,000 crore scheduled for roll-out across upcoming quarters. These projects will be located across Lodha’s major markets in the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru.
In the April–June 2025 quarter, Lodha recorded a 10% year-on-year increase in sales bookings, amounting to ₹4,450 crore. The company expects higher booking volumes in the second half, coinciding with India’s festive season, a period typically marked by increased homebuying activity and new launches.
Lodha’s consolidated net profit for Q1 FY26 stood at ₹675.1 crore, reflecting a 42% rise compared to ₹475.9 crore in the same quarter last year. Total income for the quarter was ₹3,624.7 crore, up from ₹2,918.3 crore in the year-ago period. For FY25, Lodha reported total income of ₹14,169.8 crore and a net profit of ₹2,766.6 crore.
The five land acquisitions completed in Q1 FY26 are expected to play a key role in Lodha’s medium-term growth. These parcels are located in high-demand areas of MMR, Pune, and Bengaluru, aligning with the company’s strategy to focus on proven urban markets.
According to Modi, these land deals provide development visibility for future quarters and enhance the company’s ability to sustain launch momentum into FY27. The executive reiterated Lodha’s capital discipline, noting that land investments are being made in alignment with expected returns and market demand.
India’s residential sector has shown consistent growth since the pandemic, with demand rebounding across income segments. Developers have responded with a mix of mid-income and premium offerings, and Lodha has maintained a significant presence in both categories.
While affordability remains a concern in some micro-markets, industry analysts point to the continued popularity of larger units and branded housing options in urban areas. Mortgage rate reductions and improved consumer sentiment have further supported this trend.
Lodha’s execution capabilities and brand positioning in the MMR and Pune markets give it a competitive edge, with analysts noting the firm’s ability to maintain steady sales growth and introduce new projects across cycles.
Lodha Developers, also known as Macrotech Developers Ltd, has delivered over 110 million sq ft of developed area and is managing an ongoing portfolio exceeding 130 million sq ft. Its focus remains on Mumbai, Pune, and Bengaluru, three of India’s most dynamic urban real estate markets.
Image source- lodhagroup.com
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