Lodha Plans NCR Entry, Eyes 2x Market Share by 2030

Lodha Developers, one of India’s leading listed real estate firms, has announced bold expansion plans targeting doubling its market share in the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru by 2030.

According to the Q1FY26 investor presentation, the company projects its MMR share to rise from 10 percent in FY24 to 20 percent, Pune from 5 percent to 15 percent, and Bengaluru from 2 percent to 12 percent. During the April–June quarter, Lodha recorded sales bookings of Rs. 4,450 crore, a 10 percent increase year-on-year, while total income rose to Rs. 3,624.7 crore from Rs. 2,918.3 crore in Q1FY25.

Key Highlights

• Lodha aims to double its market share in MMR, Pune, and Bengaluru by 2030
• Q1FY26 sales rose 10 percent YoY to Rs. 4,450 crore; income crossed Rs. 3,600 crore
• First Delhi-NCR project likely to launch in FY27 after land deal closure

Lodha has delivered 110 million sq ft to date and has over 130 million sq ft under development or planning.

As part of its next phase of growth, the company is now preparing for its entry into the Delhi-NCR market. Managing Director & CEO Abhishek Lodha revealed during the July 28 earnings call that the firm expects to acquire at least one land parcel in FY26 and launch its first NCR project in FY27.

“The Delhi NCR is an important market for us. We will start off with a pilot phase and a moderate level of investment to better understand the ecosystem,” Lodha stated.

Also Read: Lodha Plans INR 17,000 Cr Housing Launches by March 2026

The move follows successful forays into Pune and Bengaluru, where the company adopted a measured approach. Lodha’s NCR entry is expected to further consolidate its presence in India’s top residential real estate markets.