Lodha Developers has significantly ramped up its residential project launch plans, now targeting ₹25,000 crore worth of new launches by March 2026. This is a sharp increase from its earlier guidance of ₹18,000 crore, fueled by the acquisition of five new land parcels in the first quarter of FY26. The company has already launched projects worth ₹8,000 crore in Q1 and aims to roll out the remaining ₹17,000 crore across the next three quarters.
Strong Demand Driving Growth
The company’s aggressive expansion comes on the back of continued momentum in the Indian residential real estate market. According to Lodha’s Executive Director (Finance), Sushil Kumar Modi, a combination of strong economic growth, recent income tax incentives, and expectations of lower home loan interest rates is driving sustained homebuyer demand. These market conditions have prompted Lodha to raise its launch guidance and pursue additional growth opportunities.
Pre-Sales Target and Performance
For FY26, Lodha is aiming for pre-sales of ₹21,000 crore, marking a 19% growth over the previous year. In the first quarter alone, the company recorded ₹4,450 crore in sales bookings, a 10% year-on-year increase and the best Q1 performance in its history. This solid start positions Lodha well to meet its ambitious full-year targets, assuming consistent demand and timely project execution.
Financial Highlights
Lodha reported a strong financial performance in Q1 FY26. The company’s consolidated net profit rose 42% year-on-year to ₹675.1 crore, compared to ₹475.9 crore in the same period last year. Total income also saw a healthy increase, rising to ₹3,624.7 crore from ₹2,918.3 crore. These figures reflect the company’s operational strength and efficient execution across projects.
Strategic Land Acquisitions
A major contributor to the expanded launch pipeline has been Lodha’s strategic land acquisition efforts. The addition of five new land parcels during the June quarter has helped boost the company’s launch visibility and allowed it to revise its project pipeline upward. This proactive approach ensures a steady stream of future inventory across key markets like Mumbai, Pune, and Bengaluru.
Key Markets and Delivery Track Record
Lodha continues to maintain a strong presence in the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru. Over the years, the company has delivered more than 110 million square feet of real estate and is currently developing over 130 million square feet. Its proven track record of on-time delivery and execution gives it an edge as it rolls out one of its most ambitious launch calendars to date.
Outlook for the Coming Quarters
Looking ahead, Lodha expects the housing market to remain buoyant, especially in the second half of the fiscal year when festive demand typically picks up. The company is optimistic that favorable macroeconomic trends, potential interest rate cuts, and recent tax benefits will further support demand. However, timely approvals, effective marketing, and robust project execution will be critical to converting the launch pipeline into actual sales.
Conclusion
With ₹8,000 crore in launches already completed and ₹17,000 crore more in the pipeline, Lodha Developers is entering a high-growth phase. Backed by strong fundamentals, market demand, and strategic land acquisitions, the company is well-positioned to achieve its pre-sales target of ₹21,000 crore for FY26. If executed successfully, this could reinforce Lodha’s leadership position in India’s residential real estate sector.
Also read, Lodha Proposes 70-Acre Mega Township with 48 Towers and 100-Bed Hospital in North Bengaluru
