Lodha Developers plans a new residential project near New Delhi by April 2026. This venture involves a ₹19 billion investment. It signals growing competition with DLF Ltd. This development mirrors a larger trend. India’s top real estate companies are expanding nationwide. They aim to meet increasing demand for high-end homes. Lodha, India’s second-largest developer by market value, is targeting the New Delhi area. This move intensifies the market rivalry. DLF Ltd., the market leader, has a strong presence there.
The Mumbai-based developer will invest up to 19 billion rupees. This is for a project launching in the year starting April 2026. Prashant Bindal, the company’s chief sales officer, shared this information. This expansion reflects a wider effort by major Indian real estate firms. They are building a national presence. They are capitalizing on the surge in demand for premium and luxury housing. DLF recently sold all apartments in its first Mumbai project. This phase generated over 23 billion rupees.
Prestige Estates Projects Ltd. also made a move in May. The Bengaluru-based firm completed three Mumbai projects. These projects covered 2.8 million square feet. This marked Prestige’s entry into India’s financial hub. Growth requires expanding beyond home markets. This is according to Gulam Zia, a Knight Frank India director. Stakeholder pressure pushes companies to explore new regions.