Lodha Challenges DLF in NCR with ₹1,900 Cr. Luxury Project

Lodha Developers, India’s second-largest real estate company by market value, is set to launch a ₹1,900 crore (USD 220 million) residential project in the Delhi National Capital Region (NCR) by April 2026, marking its entry into DLF’s core territory.

This move reflects a broader strategy among leading developers to expand nationally and capitalize on the rising demand for premium and luxury housing. Lodha’s entry into NCR follows similar expansions by peers: DLF recently sold ₹2,300 crore worth of apartments in its Mumbai debut, while Prestige Estates Projects entered the city with 2.8 million sq. ft. of new developments.

Analysts note that pan-India growth is becoming essential to sustain the sector’s momentum. In H1 2025, homes priced above ₹1 crore accounted for nearly 50% of all residential sales, with Delhi NCR leading the market at 16,416 units sold, followed by Mumbai.

News by Rahul Yelligetti.