Lodha Developers acquires 5 plots in Q3 to build projects worth Rs 34,000 cr

Real estate firm Lodha Developers Ltd acquired five plots of land in Mumbai, Delhi-NCR and Bengaluru in the last quarter to develop projects with an estimated retail value of nearly Rs 34,000 crore.Mumbai-based Lodha Developers Ltd, which sells properties under the Lodha brand, acquires plots through direct purchases and partnerships with landowners to create a strong pipeline of future projects.

According to the company’s latest operational update on the stock exchanges, Lodha Developers has acquired five land plots in the Mumbai Metropolitan Region (MMR), Delhi-NCR and Bengaluru during October-December of the fiscal year 2025-2026.The company would develop real estate projects on these plots, mainly residential. The total revenue potential of these five projects is estimated at Rs 33,800 crore.

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

In real estate language, the GDV means the estimated sales value of the entire project.

Lodha Developers believes that the acquisition of these plots would give the company a better view of 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 residential and commercial real estate market of Delhi-NCR. A warehousing project is already being developed.

“Our pilot in NCR has commenced with two projects on a co-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 shortage of trusted quality developers.

“Participation in the NCR will enable us to serve nearly 80 percent of the housing demand in India’s seven largest 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 fiscal, the company’s sales bookings rose to Rs 17,630 crore, compared to Rs 14,520 crore in the previous year.

For the current financial year, Lodha has set a revenue booking target of Rs 21,000 crore, a number it is confident of achieving.

To date, the company has delivered 110 million square feet of real estate and is developing more than 130 million square feet under its ongoing and planned portfolio.