Lodha Developers reported a 25% year-on-year growth in pre-sales for the third quarter of FY26, with bookings reaching ₹5,620 crore, according to disclosures cited in a Business Standard report. The performance reflects steady residential demand across key urban markets where the company has an active presence.
Pre-sales during Q3 FY26 increased from ₹4,510 crore in the same quarter last year, while also marking a 23% sequential growth over Q2 FY26. The company indicated that the improvement was supported by strong sales momentum across ongoing projects and the launch of new developments during the quarter.
Collections for the quarter stood at ₹3,560 crore, reflecting a 17% year-on-year decline, though showing a 2% quarter-on-quarter increase. The year-on-year moderation in collections was attributed to high base effects in the previous year, which included significant land and office transactions. The company expects collections to align with sales momentum as construction milestones and payment schedules progress.
For the first nine months of FY26, Lodha Developers recorded pre-sales of ₹14,640 crore, representing a 14% increase compared to the corresponding period last year. The developer has maintained its full-year pre-sales guidance of ₹21,000 crore, supported by a robust project pipeline and planned launches across multiple cities.
During Q3 FY26, the company added five new projects with a combined gross development value (GDV) of ₹33,800 crore across the Mumbai Metropolitan Region, National Capital Region, and Bengaluru. Cumulatively, Lodha’s business development value reached ₹58,800 crore in 9M FY26, exceeding its annual guidance and strengthening future revenue visibility.
As transaction activity remains strong, buyers continue to evaluate cost and design considerations carefully. Factors such as PLC charges in apartments can influence overall pricing, while understanding the difference between super built-up area and carpet area remains critical for accurate space assessment.
Lodha Developers’ Q3 performance highlights sustained housing demand and expansion-led growth, even as developers navigate cost, execution, and collection dynamics in a competitive real estate environment.
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