Abhishek Lodha, Managing Director and CEO of Macrotech Developers (Lodha Group), announced that the company plans to launch five or more real estate projects in Bengaluru during the current financial year. Speaking at the Q4 FY25 investor call, Lodha confirmed that the group has completed its pilot phase in the city and is now entering a full-fledged growth phase.
“Bengaluru has shown strong potential, and we expect it to significantly contribute to our overall growth this fiscal. With the pilot phase behind us, we are shifting focus to expansion,” Lodha stated. He also revealed plans to begin pilot operations in another city in FY26, with expectations that it will take 2–3 years to reach the growth stage.
Lodha Group entered Bengaluru’s competitive real estate market in 2021 and aims to gradually increase its market share from the current 2–3% to 15% by 2030. In FY24, the company generated ₹14 billion in sales from Bengaluru alone, underscoring the region’s importance in its long-term strategy.
Currently, Lodha holds around 10% market share in Mumbai, with the top five developers collectively holding shares in the mid-20s. The company plans to replicate similar dominance in India’s IT capital.
For Q4 FY25, Macrotech Developers posted a 38% year-on-year increase in consolidated net profit, reaching ₹921.7 crore, compared to ₹665.5 crore in the same quarter last year. Total income rose to ₹4,420.3 crore from ₹4,083.9 crore.
Read also: