Mumbai-based Lodha Developers is set to make its long-awaited entry into the Gurugram residential real estate market, with plans to launch its first housing project by the end of FY2026-27 or during the first quarter of FY2027-28. The move marks another significant milestone in the company’s national expansion strategy after its successful growth in Bengaluru and Pune.
According to Abhishek Lodha, CEO and Managing Director of Lodha Developers, the company is adopting a “pilot-and-scale” strategy for the National Capital Region (NCR), similar to the approach that helped establish a strong presence in other key markets. Construction for the inaugural Gurugram project is expected to commence in the coming quarter, with the official launch scheduled once the development reaches the desired stage.
During the company’s FY26 fourth-quarter earnings call, Lodha explained that the NCR projects have not yet been included in the company’s official launch guidance because construction is only beginning. However, the company remains confident about introducing its first development within the current financial year or shortly thereafter.
The company believes Delhi-NCR presents a major growth opportunity due to its position as India’s second-largest housing market. While the region has witnessed strong demand across premium and luxury residential segments, Lodha feels there remains considerable scope for reputed national developers to elevate construction quality, customer experience, and timely project delivery.
Lodha’s confidence stems from its success in Bengaluru, where it entered the market in FY23 on a pilot basis before rapidly scaling operations. Within three years, Bengaluru contributed approximately ₹24 billion in pre-sales, accounting for over 12% of the company’s total sales. Management expects NCR to follow a similar growth trajectory as brand recognition and project execution strengthen over time.
The company’s entry into Delhi-NCR was formally initiated in December 2025, when Lodha partnered with Gurugram-based MRG Group to develop two residential projects across prime locations in the city. Together, these developments are expected to generate revenue exceeding ₹3,600 crore, providing Lodha with a strong foundation in one of India’s fastest-growing residential markets.
Earlier, Lodha had also indicated that its broader NCR strategy includes opportunities in both Gurugram and Noida, although Gurugram remains the immediate priority due to its robust demand for premium housing, expanding infrastructure, and strong investor interest.
Lodha’s announcement comes amid increasing competition in Gurugram’s luxury housing segment. Several major developers have recently announced large-scale investments in the city, reflecting growing confidence in the NCR residential market. The continued expansion of infrastructure, including the Dwarka Expressway, metro connectivity, and commercial developments, has further strengthened Gurugram’s appeal among homebuyers and institutional investors.
With its established reputation in Mumbai and growing presence across India’s major metropolitan cities, Lodha Developers aims to replicate its proven business model in Gurugram by focusing on premium developments, operational excellence, and customer-centric delivery. The company’s planned launch is expected to add further momentum to the city’s already vibrant residential real estate market while offering buyers another trusted national developer in the region.
