Lodha Developers Boosts Expansion with Aggressive Land Acquisitions

Lodha Developers Ltd's net debt rose 15% to Rs 6,170 crore in Q3 2025-26 due to aggressive land acquisitions. The company expanded its real estate footprint by acquiring five land parcels in key regions, with a revenue potential of Rs 33,800 crore. Sales bookings increased, target set at Rs 21,000 crore.

Lodha Developers Ltd has reported a 15% rise in net debt during the October-December period, reaching Rs 6,170 crore. This increase is attributed to the company's aggressive acquisition of land parcels aimed at expanding their business.

The company, a leader in India's real estate sector, acquired five land parcels in the Mumbai Metropolitan Region, Delhi-NCR, and Bengaluru. These developments hold a projected revenue potential of Rs 33,800 crore.

Lodha Developers, with partnerships like the recent collaboration with MRG Group, has solidified its presence in Delhi-NCR. The firm aims to achieve Rs 21,000 crore in sales bookings this fiscal year, building upon its 110 million square feet of delivered real estate.

(With inputs from agencies.)