About the Company

 

Lodha Developers Limited (formerly known as Macrotech Developers Limited) is one of India’s leading real estate developers, incorporated on September 25, 1995, and headquartered in Mumbai. Its equity shares are listed on BSE and NSE since April 19, 2021   . The company primarily develops residential real estate across the luxury, premium and mid-income segments, and is also building select annuity income streams through facilities management, industrial and warehousing (digital infrastructure) and the leasing of select retail and office spaces. It has also introduced “BelleVie”, a digital platform that connects residents with curated marketplace services, complementing its facilities management business  .

 

Lodha has nearly 40 operating projects across the Mumbai Metropolitan Region (MMR), Pune and Bengaluru, and is the largest player in MMR with about 10 Per cent market share . As on March 31, 2025, the company had 23 subsidiaries (names not listed here) . Key milestones in FY25 included four consecutive years of ~20 Per cent pre-sales growth, best-ever pre-sales of roughly Rs 17,630 crore and collections of about Rs 14,490 crore, alongside the addition of 10 projects with an estimated Gross Development Value (GDV) of around Rs 23,700 crore  .

 

Key Management

 

– Mukund M. Chitale – Chairman & Independent Director

– Abhishek Lodha – Managing Director & CEO

– Rajendra Lodha – Whole-time Director

– Shaishav Dharia – Whole-time Director

– Raunika Malhotra – Whole-time Director

– Sushil Kumar Modi – Whole-time Director

– Sanjay Chauhan – Chief Financial Officer (appointed January 25, 2025)

– Sanjyot Rangnekar – Company Secretary & Compliance Officer

 

Latest Updates

– Record operational performance: pre-sales of about Rs 17,630 crore (up ~21 Per cent year-on-year) and collections of about Rs 14,490 crore; FY25 marked the fourth straight year of ~20 Per cent pre-sales growth  .

– Portfolio expansion: 10 new projects added with GDV of around Rs 23,700 crore; key launches included Lodha Avalon, Lodha Altus, Lodha Golf View, Lodha Hanging Gardens and Lodha Opulis in MMR, and Lodha Massimo and Lodha Altero in Pune .

– Bengaluru scaling: the company entered the “growth phase” in Bengaluru in FY25, adding new projects to bring the total to five, with plans to replicate its supermarket strategy across multiple micro-markets .

– Digital infrastructure momentum: about 5.3 Million sq ft under development across locations, of which ~2.1 Million sq ft is already leased; two land parcels were added in NCR and Chennai, with development slated to begin in FY26 .

– Land monetisation: sale of roughly Rs 1,200 crore of surplus land primarily to data centre operators, and about Rs 700 crore of land to the Government for infrastructure development .

– Customer and ecosystem initiatives: launch of the BelleVie app to enhance resident services and recurring fee income potential .

– Recognition: ranked the 63rd most valuable brand in India by Kantar; accolades included Great Place to Work 2025, Best Organisations for Women 2025, and the Award of Excellence 2024 for Lodha World Towers  .

– Capital discipline: net debt to equity at 0.20x as of FY25 .

– Corporate actions: appointment of Mr Shaishav Dharia as Whole-time Director (effective June 17, 2024) and Mr Sushil Kumar Modi as Whole-time Director (effective January 25, 2025); Mr Sanjay Chauhan appointed CFO on January 25, 2025. One Place Commercials Private Limited and Palava City Management Private Limited ceased to be subsidiaries upon merger with the company on May 15, 2025   .