Lodha Group

What Lodha Group does

Lodha Group operates as India's leading listed real estate developer through its listed entity Macrotech Developers Limited (BSE: 543287, NSE: LODHA), founded in 1980 and headquartered at One Lodha Place, Lower Parel, Mumbai. The company designs, constructs, and delivers premium and luxury residential properties, Grade-A commercial offices, retail spaces, integrated townships, and industrial/logistics infrastructure across the Mumbai Metropolitan Region, Pune, Bengaluru, NCR, and internationally in London (No. 1 Grosvenor Square). FY26 revenue from operations reached ₹16,676 crore with net profit of ₹3,431 crore (20% PAT margin, 24% YoY growth), and the company holds the #1 position in Indian residential sales for FY14-24 with 3.5% national market share.

Beyond traditional real estate, Lodha has expanded into adjacent verticals. The Palava Green Data Centre Park — a 400-acre facility at Dombivli under an MoU with the Government of Maharashtra — targets 1 GW (eventually 3 GW) of built-to-suit capacity at ₹1.3 lakh crore investment, anchored by AWS, Digital Edge, and STT Global Data Centres. Lodha Industrial Park (LIP Edge) and Lodha Logistics Park serve e-commerce, logistics, quick-commerce, and cold storage operators (DHL, Delhivery, Tesla, Flyjac). The Lodha Lifesciences Hub provides Mumbai's first systematically designed R&D cluster, and the FY24 NCLT-approved acquisition of V Hotels (Centaur Hotel, Juhu) for ~₹890 crore extends the platform into hospitality.

Lodha's revenue model combines one-time unit sales across residential, commercial, retail, and industrial products with growing annuity income from data centre land leases, office rentals, and commercial leases — currently ~₹300 crore annually with a stated target of ₹3,000+ crore within six years. Distribution is multi-channel: direct project-site sales offices, corporate website/digital enquiries, domestic broker networks, and international channel partnerships (e.g., Banke International Properties across UAE/Qatar/UK/India/South Africa) targeting NRI buyers. Customer segments include UHNI/luxury homebuyers, premium and mid-income buyers, hyperscalers/data centre operators, logistics and e-commerce enterprises, corporate/SME tenants, and NRIs. The company maintains low leverage (net debt-to-equity 0.23x, net debt of ₹5,377 crore) and has executed a ₹3,281–3,300 crore QIP (March 2024), NCD debt refinancings (Standard Chartered/Deutsche Bank ₹650 crore in 2023; ₹250 crore in November 2025), and June 2026 block deals including Fidelity's ₹1,864 crore 2% stake acquisition.

Name

Lodha Group

Legal name

Macrotech Developers Limited

Website

https://lodhagroup.com

Company type

Public

Founded year

1980

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Lodha Group (Macrotech Developers) is India's leading listed real estate developer, delivering premium residential, commercial, industrial, and data centre infrastructure across MMR, Pune, Bengaluru, NCR, and London for UHNI homebuyers, hyperscalers, and enterprise tenants.

Ownership category

akta.pro rank

Product category

Real Estate Development

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Real Assets — Operating Platforms & Direct Investments (FSAAAKAL)

Keywords

• Real estate development
• Luxury residential property
• Commercial office space
• Industrial logistics parks
• Data centre infrastructure

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Infrastructure, Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Residential Property Sales: Primary revenue driver through sale of premium and luxury residential apartments across Mumbai, Pune, Bengaluru, and NCR. The company reports pre-sales as a key metric, achieving ₹20,530 crore in FY26.
2. Data Centre Land and Infrastructure Monetisation: Revenue from sale and long-term lease of data centre land parcels to hyperscalers like AWS, Digital Edge, and STT Global Data Centres. The company plans to monetise 150 acres at Palava data centre park targeting Rs 10,000 crore proceeds.
3. Commercial Office and Retail Sales/Leases: Sale and lease of Grade-A commercial office spaces and retail properties across Mumbai, Pune, Bengaluru, and other locations. The company offers both freehold and leasehold options.
4. Annuity Income (Rental): Growing annuity income stream from data centres, commercial rentals, and office leases. The company targets to grow annuity income tenfold to over ₹3,000 crore within six years from current levels of approximately ₹300 crore.
5. Industrial and Logistics Services: Revenue from logistics parks, warehousing, and light manufacturing facilities including LIP Kurla, LIP Palava, and LIP Faridabad locations serving e-commerce, quick commerce, and cold storage operators.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Lodha Group designs, constructs, develops, and sells premium and luxury residential apartments, Grade-A commercial offices, boutique office spaces, industrial and logistics parks, and large-scale data centre land and infrastructure across India (MMR, Pune, Bengaluru, NCR) and London. Its portfolio spans ultra-luxury homes (Rs 20 crore+), mid-income apartments, ESG-certified commercial developments, IGBC Platinum logistics parks, and an integrated smart-city township at Palava with a hyperscaler-anchored green data centre park. Revenue is generated primarily through one-time sale of developed properties supplemented by a growing annuity/rental income stream from leased commercial and data centre assets.

Product overview

Lodha Group operates as a diversified real estate developer offering residential, commercial, industrial, and data centre infrastructure across India and internationally. The product portfolio includes luxury residential offerings (Lodha Altamount, No. 1 Grosvenor Square in London, Lodha Sea Face, Lodha Malabar), mid-market and affordable residential projects (Casa Bella, Lodha Amara, Lodha Elaris, Lodha Bel Air across MMR, Pune, Bengaluru, NCR), boutique commercial offices (Lodha Signet across Vikhroli, Thane, Matunga, Lower Parel, Kalyan-Shil Road, Kharadi Pune), premium commercial spaces (Lodha Supremus, One Lodha Place LEED-Platinum, Lodha Promina), business parks (Lodha Veritas Palava), R&D facilities (Lodha Lifesciences Hub), industrial and logistics infrastructure (Lodha Industrial Park with IGBC Platinum certified Kurla facility), and data centre infrastructure (Palava Data Centre Park 400-acre green campus with anchor tenants AWS and STT). The company also develops integrated townships (Palava City). The portfolio spans multiple price points from luxury Rs 20 crore+ apartments to mid-income housing, and multiple geographies from Mumbai Metropolitan Region to Pune, Bengaluru, NCR, London, and Alibaug.

Differentiator

Problem solved

Functional benefit

Brands

• Lodha Signet: Premium boutique commercial office spaces across MMR, Pune and other cities
• Lodha Supremus
• Lodha Excelus
• Lodha Promina
• One Lodha Place
• Lodha Veritas
• Lodha Life Sciences Hub
• Lodha Industrial Park (LIP Edge)
• Lodha Logistics Park
• Palava City
• Lodha Sirius
• Casa Bella
• Lodha Trump Tower

Products and services

• Lodha Altamount Ultra-luxury residential property located in Mumbai representing one of Lodha's flagship luxury offerings under the Icons collection. Targeted at ultra-high-net-worth individuals seeking premium Mumbai addresses.
• No. 1 Grosvenor Square Luxury residential property at No. 1 Grosvenor Square in London's prestigious Mayfair location, representing Lodha's international luxury portfolio for global HNW buyers and NRIs.
• Lodha Malabar Luxury residential project in Mumbai representing Lodha's premium housing offerings in the Icons collection.
• Lodha Sea Face Premium residential and commercial development in Mumbai offering sea-facing properties in the Icons collection.
• Lodha Signet Boutique Grade-A commercial office spaces across multiple locations including Vikhroli, Thane, Matunga, Lower Parel, Kalyan-Shil Road, and Kharadi (Pune). Features Vastu-compliant layouts, Doctors' Enclave, and flexible office configurations for SMEs and professionals.
• Lodha Supremus Premium Grade-A commercial office spaces in Thane (Kolshet Road) and New Cuffe Parade (Wadala). Gold LEED certified building with world-class amenities and floor-to-ceiling glass.
• One Lodha Place India's most ESG-focused commercial development, LEED-Platinum certified and the largest office building in India powered entirely by renewable energy. Located in Lower Parel, Mumbai; designed by Pei Cobb Freed & Partners.
• Lodha Promina Iconic luxury commercial tower in Worli, Mumbai rising nearly 800 ft. LEED Platinum rated building designed by SCDA Singapore, offering private offices ranging from 4,700 sq. ft. to over 21,000 sq. ft. for large corporations.
• Lodha Sirius Boutique office project on Juhu Tara Road, Mumbai designed by SCDA Singapore, featuring exclusive private offices with five offices per floor, lake views, and hospitality services.
• Lodha Veritas Future-ready office spaces in Palava (Dombivli) designed for new-age companies. G+7 floor building with one office per floor, double height floor-to-ceiling spaces and sundeck access.
• Lodha Excelus Premium commercial property in Mahalaxmi, Mumbai featuring ready plug-and-play signature offices for large corporations and MNCs. Home to anchor tenants including HDFC Bank and KPMG.
• Lodha Lifesciences Hub Mumbai's first systematically designed R&D cluster in Palava Dombivli. LEED certified ESG-centric campus spanning 25 acres with 100% compliant R&D centres, wet laboratories, incubation facilities, and plug-and-play office solutions.
• Lodha Industrial Park (LIP) Industrial and logistics park offering suburban warehousing, in-city warehousing, and industrial plots. Locations include Palava (Dombivli), Kurla (Mumbai), Oragadam (Chennai), and Faridabad (Delhi NCR). Serves e-commerce, logistics, and manufacturing operators.
• Lodha Logistics Park Kurla (LLP) Mumbai's first multi-level IGBC Platinum pre-certified in-city distribution centre spanning 8+ acres with 4 lakh sq. ft. development potential. Serves e-commerce, quick commerce, cold storage, and last-mile logistics operators such as Tesla, DHL, and Delhivery.
• Palava Green Data Centre Park Green integrated 400-acre data centre park at Palava, Mumbai Metropolitan Region, targeting 2.5-3 GW capacity with Rs 1.3 lakh crore investment and MERC-approved 400/220 kV GIS substation. Anchor tenants include AWS and STT Global Data Centres; Digital Edge is developing 270 MW on ~30 acres.
• Palava City Master-planned integrated smart city township in Dombivli, Mumbai Metropolitan Region. India's No.1 Smart City featuring residential, commercial, educational, healthcare, and recreational infrastructure including Casa Bella, Lodha Amara, Lodha Elaris, and Lodha Bel Air projects.
• Residential Projects Portfolio Over 90 residential projects across Mumbai (South Mumbai, Western Suburbs, Eastern Suburbs, Thane, Kalyan Dombivali), Pune, Bengaluru, Hyderabad, London, and Alibaug. Ranges from luxury villas to mid-income apartments including Lodha Trump Tower (Worli, Mumbai under Trump Organization licensing), Lodha Bellevue, Lodha Camelot, Lodha Elanza, Lodha Belmont, and many more.

Quantifiable outcome

• Record annual pre-sales of ₹20,530 crore in FY26, up 16% year-on-year
• +4 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• Banke International PropertiescoreChannel Partner/ Reseller/ Distributor · 23 July 2026Dubai-headquartered real estate agency operating across UAE, Qatar, UK, India, and South Africa. Partnered with key developers including Godrej Properties, L&T Realty, Piramal, Lodha, and MS Realty for Indian projects. Target of Rs 1,000 crore in sales for fiscal year, with Lodha among key partnerships.
• Digital EdgecoreStrategic or Co-development Partner · 6 July 2026APAC data centre firm developing 270MW data centre after purchasing approximately 30-acre parcel at Green Integrated Data Centre Park in Palava for around Rs10 billion ($104m). Owned by New York-based private equity firm Stonepeak Infrastructure Partners.
• Amazon Web Services (AWS)coreStrategic or Co-development Partner · 26 April 2026AWS signed as anchor tenant for Palava Green Data Centre Park, developing 1 GW built-to-suit data centre capacity. AWS previously purchased 38.18 acres in November 2024 for Rs 450 crore and 10.61 acres in May 2026 for Rs 125.13 crore from Lodha for data centre expansion.
• STT Global Data CentrescoreStrategic or Co-development Partner · 26 April 2026Signed as anchor tenant for Palava Green Data Centre Park alongside AWS, contributing to the 1 GW built-to-suit data centre capacity development.
• Government of MaharashtracoreStrategic or Co-development Partner · 26 April 2026MoU signed with Government of Maharashtra to develop a 400-acre Green Data Centre Park at Palava. MERC approved 400/220 kV GIS substation at Ambernath for power connectivity to enable the project valued at approximately Rs 1.3 trillion.

Scale indicators18 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• DLF Limited: India's largest listed real estate developer with presence across residential, commercial offices, retail and rental housing. Most direct peer to Lodha given comparable scale, pan-India ambition and listed-developer profile.
• Phoenix Mills Limited: Commercial and retail real estate developer with flagship mixed-use malls and Grade-A office assets. Direct peer to Lodha in commercial real estate focus and Grade-A office development.
• Brigade Enterprises: South India-based real estate developer active in residential, commercial offices, retail and hospitality. Direct peer to Lodha in business model and geographic diversification strategy.
• Mahindra Lifespace Developers: Real estate arm of the Mahindra Group developing residential and integrated townships across India. Direct peer to Lodha in residential-led product mix and conglomerate-grade brand strength.
• Oberoi Realty: Mumbai-focused luxury real estate developer with residential and commercial projects in premium micro-markets. Direct peer to Lodha given shared luxury positioning and Mumbai-centric project concentration.
• Prestige Estates Projects: South India-led real estate developer with residential, commercial, retail and hospitality assets. Direct peer to Lodha given multi-city diversification and similar mixed-use product portfolio.
• K Raheja Corp: Diversified real estate developer with residential, commercial office and retail (including Inorbit Malls) assets. Direct peer to Lodha in scale, multi-product portfolio and commercial real estate exposure.
• Godrej Properties: Major listed residential developer with strong presence across MMR, Pune, Bengaluru and NCR. Direct peer to Lodha given similar premium positioning, pan-India footprint and brand-led go-to-market.
• Sobha Limited: National real estate developer with strong South India presence and operations in the Middle East. Direct peer to Lodha in execution-focused residential and commercial development.

Broad incumbents

• Tata Realty and Infrastructure: Real estate and infrastructure arm of the Tata Group with residential, commercial and integrated developments. Broad incumbent peer to Lodha given diversified portfolio and conglomerate backing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/thelodhagroup
• LinkedInlinkedin.com/company/lodha-group
• Instagraminstagram.com/lodha
• Xx.com/lodha

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries3 records

Funding overview

Funding rounds8 records

Investors14 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lodha Group