Lodha Developers Ltd, one of India’s leading real estate developers, has acquired a land parcel in the Mumbai Metropolitan Region (MMR) during Q2FY26 to develop a residential project with a Gross Development Value (GDV) of ₹2,300 crore. This acquisition strengthens the company’s pipeline as it continues its expansion across key urban markets.
Achieving Fiscal Targets Early
With this acquisition, Lodha Developers has already met its fiscal target of securing multiple land parcels with the potential to generate ₹25,000 crore in revenue. In Q1FY26, the company had acquired five land parcels across Mumbai, Pune, and Bengaluru, representing ₹22,700 crore in potential revenue.
Over the last fiscal year, Lodha had acquired 10 land parcels, with a total sales value of ₹23,700 crore.
Sales Momentum Continues
Lodha Developers reported pre-sales of ₹4,570 crore in Q2FY26, marking a 7% year-on-year (YoY) growth, driven by strong housing demand despite limited launches during the quarter.
For H1FY26, cumulative pre-sales reached ₹9,020 crore, up 8% YoY from ₹8,320 crore in the same period last year. The company remains on track to achieve its FY26 pre-sales target of ₹21,000 crore, aided by the Supreme Court’s clearance of the Environmental Clearance (EC) process in late August, which enables upcoming project launches in H2.
In FY25, Lodha’s total pre-sales stood at ₹17,630 crore, compared to ₹14,520 crore in FY24.
Strong Market Presence and Portfolio
Lodha Developers has a robust footprint in MMR, Pune, and Bengaluru, with a track record of delivering 110 million sq. ft. and currently developing over 130 million sq. ft. across ongoing and planned projects.
During FY25, the company posted a net profit of ₹2,766.6 crore on a total income of ₹14,169.8 crore. As of Friday, shares closed at ₹1,154.70, giving Lodha Developers a market capitalisation exceeding ₹1.15 lakh crore.
Outlook
Despite some softness in overall housing demand, listed developers like Lodha are performing well, supported by a healthy project pipeline, strong pre-sales, and strategic land acquisitions. The company’s recent purchase in MMR and upcoming launches are expected to drive revenue growth and consolidate its leadership in India’s premium residential markets.
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