Godrej Properties and Lodha Acquire Over 25 Land Parcels in FY26, Eye Combined Revenue Potential of Over ₹1 Lakh Crore
Mumbai, March 23, 2026: Godrej Properties Ltd and Lodha Developers Ltd are bullish on India's housing demand, as both realty firms have acquired more than 25 land parcels so far this fiscal year to develop residential projects with a combined revenue potential of more than ₹1 lakh crore .
Lodha's Land Acquisitions
According to an investors' presentation, Lodha Developers acquired 11 land parcels across Mumbai Metropolitan Region, Delhi-NCR, Pune, and Bengaluru during the first nine months of this fiscal year to develop housing projects. These 11 land parcels have an estimated saleable area of 20.6 million sq ft and expected sales value of ₹58,800 crore .
Godrej's Land Acquisitions
Godrej Properties has also been aggressively acquiring land parcels across tier-I and II cities for group housing and residential plotted development projects. The company has acquired nearly 20 land parcels so far this fiscal year to develop housing projects worth ₹42,000 crore .
In the first nine months of this fiscal year, Godrej Properties acquired 12 land parcels to develop housing projects, with an estimated saleable area of 22.36 million sq ft and expected booking value of ₹24,650 crore, as per its investors presentation. According to regulatory filings, Godrej Properties has acquired at least six land parcels so far this quarter to develop residential projects worth ₹17,450 crore .
Acquisition Strategy
In order to add land bank for future development, both Godrej Properties and Lodha Developers acquire land parcels through outright purchases as well as forming partnerships with landowners .
Market Context
Post-Covid pandemic, housing sales have been pretty strong, especially for premium luxury and ultra luxury homes. Demand has been gradually shifting towards big branded developers with better track record .
Sales Performance
In terms of sales bookings, Godrej Properties clocked sales bookings at ₹24,008 crore in the first nine months of this fiscal year, while Lodha Developers sold properties worth ₹14,640 crore during the April-December period of FY26 .
Godrej Properties is confident of achieving sales bookings target of ₹32,500 crore for this fiscal year and is likely to be the biggest listed realty firm in terms of pre-sales. Last fiscal year, too, it was the number one listed developer with pre-sales of nearly ₹30,000 crore .
Lodha Developers Ltd has also exuded confidence that it will achieve the target of ₹21,000 crore in sales bookings this fiscal year, driven by strong sales momentum in existing projects and a significant launch pipeline in the current quarter .