Lodha Developers Plans ₹22,000 Crore Launch of Residential Properties in FY27
Lodha Developers to launch homes worth nearly Rs 22,000 cr for sale in FY27
The Economic TimesImage: The Economic Times
Lodha Developers Ltd aims to launch residential properties worth nearly ₹22,000 crore (approximately $2.65 billion USD) in the current fiscal year. This expansion includes 15 million square feet of space across the Mumbai Metropolitan Region, Pune, Bengaluru, and Delhi-NCR, amid a targeted 17% growth in sales bookings.
- 01Lodha Developers plans to launch residential properties worth ₹22,000 crore in FY27.
- 02The company aims for a 17% increase in sales bookings to ₹24,000 crore.
- 03Lodha's net profit rose to ₹3,430.7 crore in the last fiscal year.
- 04The existing land bank has a potential revenue of ₹2 lakh crore.
- 05The company will focus on improving free cash flow by reducing land acquisition investments.
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Lodha Developers Ltd, a leading real estate firm in India, is set to launch residential properties valued at nearly ₹22,000 crore (approximately $2.65 billion USD) during the current fiscal year. The company plans to introduce 15 million square feet of residential space across key markets including the Mumbai Metropolitan Region (MMR), Pune, Bengaluru, and Delhi-NCR. This initiative is part of their broader expansion strategy, which also targets a 17% growth in sales bookings, aiming for a total of ₹24,000 crore in sales. In the previous fiscal year 2025-26, Lodha reported a 16% increase in sales bookings, reaching ₹20,530 crore. The firm has also seen a rise in net profit to ₹3,430.7 crore from ₹2,766.6 crore in the prior year, reflecting strong operational performance despite a slight tapering in housing demand since 2025. Lodha Developers holds a significant land bank with the potential to generate approximately ₹2 lakh crore in revenue, and plans to reduce land acquisition investments to enhance free cash flow over the next two years.
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The launch of new residential properties is expected to boost housing availability in major urban areas, potentially impacting homebuyers and the overall real estate market positively.
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