Lodha Developers has acquired one land parcel in the Mumbai Metropolitan Region (MMR) in the July-September quarter (Q2FY26) to develop a housing project worth Rs 2,300 crore as the company is eyeing to expand its business.
With the acquisition of this land parcel, Lodha Developers has achieved the current fiscal target of acquiring multiple land parcels, which have the potential to generate revenue worth Rs 25,000 crore. In the first quarter of this fiscal, the company acquired five land parcels in the Mumbai region, Pune and Bengaluru to develop housing projects with a total revenue potential of Rs 22,700 crore.
Lodha Developers (formerly known as Macrotech Developers) is one of the leading real estate firms in the country.