Lodha Group to Launch Five Projects in Bengaluru in FY2026 as Part of Market Expansion Strategy
Macrotech Developers, also known as the Lodha Group, is set to launch at least five new real estate projects in Bengaluru during the 2025–26 financial year as part of its broader plan to increase market presence in the city. The company's Managing Director and CEO, Abhishek Lodha, shared details of the company’s expansion during its Q4FY25 earnings call, outlining how Bengaluru is transitioning from a pilot market to a significant contributor to overall business growth.
According to Lodha, the pilot phase in Bengaluru has concluded successfully, and the group now intends to scale its operations by initiating multiple projects in the current fiscal year. The company entered the Bengaluru market in 2021 and recorded ₹1,400 crore in sales from the city in the previous year. This accounted for approximately 2% to 3% of the market share.
Lodha noted that the company expects this figure to grow substantially over the next few years. A long-term goal has been set to capture 15% of Bengaluru’s real estate market share by 2030. The company views this target as achievable through consistent project launches and strategic land acquisition in the region.
In addition to its expansion plans in Bengaluru, Macrotech Developers is also preparing to enter another city in FY2026. Lodha indicated that this move will mirror the pilot model previously implemented in Bengaluru. The new city, which has not yet been named, is expected to remain in the pilot phase for two to three years before transitioning into a growth market.
The company’s current expansion plan in Bengaluru aligns with its approach in other key metro areas. In Mumbai, where the Lodha Group already has a strong presence, the company holds a market share of approximately 10%. Lodha has previously stated that the top five developers in the Mumbai region collectively control about 25% of the market.
Financially, the company reported a 38% year-on-year increase in consolidated net profit for the March quarter, with earnings rising to ₹921.7 crore. In the same period last year, profit stood at ₹665.5 crore. Total income also saw an uptick, reaching ₹4,420.3 crore, compared to ₹4,083.9 crore in the corresponding quarter of the previous fiscal year.
The company attributes this performance to steady growth in both residential and commercial segments and remains optimistic about continued demand across core markets. Lodha Group’s pipeline of new projects in Bengaluru is expected to play a key role in driving future growth, particularly as the city remains a major hub for India’s technology and service sectors.
The company’s strategy of using Bengaluru as a template for future expansion suggests a deliberate and phased approach to entering new markets. As urban housing demand continues to evolve, the Lodha Group appears to be positioning itself to respond with scale and geographic diversification.
Image source- lifestylesmagazine.com