Lodha Plans 21 New Projects, Targets ₹24,000 Cr Revenue
By Business Desk
Lodha Developers announces 21 new housing projects by March, aiming for ₹24,000 crore revenue potential amidst strong real estate market demand. Learn more.
Lodha Developers Ltd. is gearing up for a significant expansion, planning 21 new housing project launches by March next year with an estimated revenue potential of ₹24,000 crore.
This aggressive strategy aims to capitalise on strong market demand and propel the company towards its ambitious sales booking targets.
Key Strategic Numbers
- Total Revenue Potential: ₹24,000 crore from upcoming launches.
- Sales Bookings Target (FY2026-27): ₹24,000 crore.
- Net Profit Growth Target (This Fiscal Year): 20% annual growth to ₹4,100 crore.
- Q1 Sales Bookings (April-June): ₹4,630 crore, representing 4% year-on-year growth.
Project Pipeline Details
The planned launches are split across new developments and extensions of existing sites, targeting key urban markets.
- New Housing Projects: 7 projects across MMR, Delhi-NCR, Pune, and Bengaluru, covering 5.9 million sq ft with a revenue potential of ₹9,850 crore.
- New Phases in Existing Projects: 14 projects, totaling 9.7 million sq ft with a revenue potential of ₹14,210 crore.
This substantial pipeline underscores Lodha’s commitment to business expansion, directly linking these new projects to achieving the company’s ₹24,000 crore sales bookings target for the 2026-27 fiscal year.
The strategic focus on both new developments and expanding existing successful ventures positions Lodha to leverage current housing demand effectively, driving both top-line growth and bottom-line profitability as evidenced by its net profit growth target.