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News: Godrej Properties, Lodha Add 25+ Land Parcels in FY26-22-03-2026

Godrej Properties Ltd and Lodha Developers Ltd have together acquired more than 25 land parcels so far this fiscal year for residential projects with a combined revenue potential of over Rs 1 lakh crore.

Lodha’s investor presentation shows 11 parcels acquired in the first nine months across the Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune and Bengaluru, with an estimated saleable area of 20.6 million sq ft and expected sales value of Rs 58,800 crore.

Godrej Properties has acquired nearly 20 parcels this fiscal for housing projects worth Rs 42,000 crore, across tier-I and II cities for group housing and plotted development. Its presentation lists 12 parcels in the first nine months, with 22.36 million sq ft of saleable area and expected booking value of Rs 24,650 crore. Regulatory filings show at least six more this quarter, worth Rs 17,450 crore. Both firms buy land outright and through partnerships with landowners.

Housing sales have been strong since the pandemic, especially in premium and luxury homes, and demand has been shifting towards large branded developers.

Godrej Properties recorded sales bookings of Rs 24,008 crore in the first nine months and is confident of meeting its Rs 32,500 crore target for the year, which would likely make it the biggest listed realty firm by pre-sales. It held that position last fiscal too, with nearly Rs 30,000 crore. It builds group housing mainly in MMR, Delhi-NCR, Pune, Bengaluru and Hyderabad and sells plots in various states.

Lodha sold properties worth Rs 14,640 crore in April-December of FY26 and expects to reach its Rs 21,000 crore target on the strength of existing projects and a significant launch pipeline this quarter. Its bookings in 2024-25 were Rs 17,630 crore, against Rs 14,520 crore the year before. It operates in MMR, Pune and Bengaluru and recently entered Delhi-NCR. The company has delivered 110 million sq ft to date and has more than 130 million sq ft under its ongoing and planned portfolio.

Prestige Estates Projects Ltd, DLF Ltd, Lodha Developers and Signature Global Ltd are among the top 5 listed developers for the first nine months.

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