Lodha Group Sets Sights on Bengaluru Growth with Five New Projects in FY26

Lodha Group’s Bold Expansion: Bengaluru Emerges as the Next Growth Hub

When Abhishek Lodha, Managing Director and CEO of Macrotech Developers, addressed investors during the Q4FY25 call, a new chapter in the company’s journey was unveiled. Known widely as the Lodha Group, the real estate giant is setting its sights firmly on Bengaluru, India’s IT capital, with plans that promise to reshape the city’s skyline and real estate landscape.

From Pilot to Growth: Bengaluru’s Real Estate Transformation

The story began in 2021, when Lodha Group first entered the competitive Bengaluru real estate market. After a successful pilot phase, the company is now ready to accelerate. “We have concluded our pilot phase successfully in Bengaluru and are now at a stage where the growth phase is starting to take off,” Abhishek Lodha revealed.

In the current financial year, the company expects to launch five or more new projects, marking a significant leap from its initial foray. This move signals Lodha Group’s confidence in Bengaluru’s potential and its commitment to making the city a cornerstone of its growth strategy.

Ambitious Market Share Goals

Lodha Group’s ambitions don’t stop at project launches. The company has set its sights on capturing a 15% share of Bengaluru’s real estate market by 2030. This is a bold leap from its current 2-3% share, achieved with sales of approximately ₹14 billion in the last fiscal year.

“Bengaluru will begin to contribute meaningfully to the company’s growth starting this year,” Lodha stated. The company also hinted at expanding its footprint to another city in FY26, with a similar pilot-to-growth strategy that could take two to three years to mature.

Building on Success: Mumbai and Beyond

Lodha Group’s strategy is informed by its strong performance in Mumbai’s real estate market, where it currently holds a 10% market share. The top five developers in Mumbai collectively command a market share in the mid-20s, demonstrating the scale Lodha aspires to replicate in Bengaluru.

Financial Performance: A Foundation for Growth

The company’s robust financial health underpins its expansion efforts. In Q4 of the previous fiscal year, Macrotech Developers reported a 38% year-on-year increase in consolidated net profit, reaching ₹921.7 crore. Total income also rose to ₹4,420.3 crore, up from ₹4,083.9 crore in the same period the previous year. These results reflect the company’s ability to deliver value to stakeholders while pursuing ambitious growth.

Looking Ahead

With five new projects set to launch in Bengaluru and a clear roadmap for expansion, Lodha Group is poised to become a major force in the city’s real estate market. As the company continues to innovate and expand, both homebuyers and investors will be watching closely to see how this new chapter unfolds.