Lodha Developers Ltd, one of India’s leading real estate developers, has acquired a land parcel in the Mumbai Metropolitan Region (MMR) during the July–September quarter to develop a housing project valued at ₹2,300 crore. This acquisition marks a key milestone in the company’s expansion strategy and brings Lodha Developers closer to achieving its fiscal targets for land acquisitions and residential development.
With this recent purchase, Lodha Developers has met its current fiscal objective of acquiring multiple land parcels across major urban hubs, which collectively have the potential to generate revenue worth approximately ₹25,000 crore. The company’s operational update for the second quarter of 2025–26 highlighted the addition of a new project in MMR with a gross development value (GDV) of ₹2,300 crore. While details regarding whether the acquisition was an outright purchase or a joint development agreement were not disclosed, the move reinforces the company’s strong focus on strategic land procurement to support its residential portfolio.
In the first quarter of the fiscal year, Lodha Developers acquired five land parcels across Mumbai, Pune, and Bengaluru, aimed at creating housing projects with a combined revenue potential of ₹22,700 crore. During the previous fiscal year, the company had acquired ten land parcels for projects with a total sales value of ₹23,700 crore, reflecting its consistent expansion strategy.
On the sales front, Lodha Developers reported a 7% year-on-year growth in pre-sales during the second quarter, with bookings rising to ₹4,570 crore from ₹4,290 crore in the same period of the preceding year. For the first six months of FY26, the company achieved pre-sales of ₹9,020 crore, up 8% from ₹8,320 crore in H1 of FY25. The company attributed this growth to stronger housing demand, even as launches were limited during the quarter.
Lodha Developers also highlighted that with the Supreme Court’s approval of the Environmental Clearance (EC) process in late August, it expects significant launches in the second half of the fiscal year. The company remains on track to achieve its full-year pre-sales guidance of ₹21,000 crore for FY26. In FY25, the company had recorded sales bookings of ₹17,630 crore, an increase from ₹14,520 crore in the previous year, demonstrating steady growth in its residential business.
The company’s strong presence in the residential markets of MMR, Pune, and Bengaluru underlines its leadership in urban real estate development. Lodha Developers has successfully delivered over 110 million sq. ft. of real estate to date and currently has more than 130 million sq. ft. under development or planned across ongoing and upcoming projects.
During the 2024–25 fiscal year, Lodha Developers reported a net profit of ₹2,766.6 crore on a total income of ₹14,169.8 crore. Its shares closed at ₹1,154.70 apiece on the BSE, giving the company a market capitalization exceeding ₹1.15 lakh crore, reflecting investor confidence in its growth trajectory.
With a robust pipeline of projects and strategic acquisitions, Lodha Developers continues to strengthen its footprint in India’s residential real estate sector. The latest land acquisition in MMR not only aligns with the company’s long-term growth strategy but also positions it to meet increasing demand for premium housing in key urban markets.
The company’s focus on high-value residential projects and disciplined execution has allowed it to maintain a competitive edge despite broader market challenges. Analysts note that with upcoming launches in the second half of FY26 and continued land acquisitions in prime locations, Lodha Developers is well-poised to sustain growth in both pre-sales and revenue generation, reinforcing its status as one of India’s most prominent and trusted real estate developers.
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