Lodha Group adds 8 Projects after hitting Pre-sales of Rs. 4,500 crore in Q3FY25

Macrotech Developers, Lodha, launched eight new projects in FY25, with a combined potential value of over Rs. 19,500 crores.

On January 6, Macrotech Developers, Lodha, disclosed pre-sales of more than Rs. 4,500 crores for the third quarter of the current fiscal year 2024–25. This represents a 32% YoY increase from more than Rs. 3,400 crores in the same period previous year.

Conversely, Q4FY25 collections totaled over Rs. 4,200 crores, which is 66% more than the over Rs. 2,500 crores collected in the same period the previous year.

The pre-sales figure mentioned above, according to the company, is the highest ever. The company disclosed one project in the Bengaluru real estate market with a gross development value (GDV) of more than Rs. 2,800 crores in a regulatory filing on January 6.

"With this, we have five Bengaluru locations now. From the following fiscal year onward, these are anticipated to present a chance for substantial pre-sales growth in Bengaluru," the company stated.

According to the company, it added eight new projects with a GDV of more than Rs. 19,500 crores in the first nine months of FY25, spanning the Mumbai Metropolitan Region, the Pune real estate market, and the Bengaluru real estate market. As a result, the company stated, we exceeded our full-year guidance by 90%.

The listed real estate company Macrotech Developers, also known as Lodha Group, was led by Abhishek Lodha, Managing Director and CEO, in October 2024. He stated that the company had completed its pilot phase in Bengaluru and aimed to achieve a 15% market share in the IT city by the end of the decade.