Lodha Developers , a prominent real estate company, has announced the acquisition of a 100% equity stake in Chaitanya Bilva Private Limited (CBPL) for ₹499.61 crore in cash. The transaction, completed on October 13, 2025, marks a significant move in Lodha's strategy for calibrated growth in Tier 1 cities through inorganic expansion.

Acquisition Details

CBPL, incorporated on November 17, 2021, is engaged in real estate development and construction of residential projects. The company owns a prime land parcel of approximately 8.37 acres in Bengaluru, a key real estate market in India.

Key details of the acquisition are as follows:

Financial Snapshot of CBPL

As of March 31, 2025, CBPL's financial position was as follows:

It's worth noting that CBPL has not yet commenced business operations, which explains the absence of turnover.

Strategic Implications

This acquisition aligns with Lodha Developers' planned strategy for calibrated growth in certain Tier 1 cities through inorganic routes. By acquiring CBPL, Lodha gains access to a significant land parcel in Bengaluru, a key real estate market, potentially enabling the company to expand its presence in South India.

Regulatory Aspects

The transaction did not require any regulatory approvals, and it does not fall under related party transactions. This acquisition has resulted in CBPL becoming a wholly-owned subsidiary of Lodha Developers.

The move by Lodha Developers demonstrates the company's commitment to expanding its footprint in prime locations and strengthening its position in the Indian real estate market.

Lodha Developers , a prominent real estate company operating in key Indian markets, has reported a 7% year-on-year increase in sales bookings for the second quarter of the current fiscal year. The company's performance highlights the resilience of the housing market despite limited new project launches.

Q2 Performance Highlights

H1 FY2024 Overview

The company's performance in the first half of the fiscal year shows an 8% increase in sales bookings, rising from ₹8,320.00 crore in the previous year to ₹9,020.00 crore in the current year.

Full-Year Outlook

Lodha Developers maintains its full-year pre-sales guidance of ₹21,000.00 crore. The company plans significant launches in the second half of the fiscal year, following the Supreme Court's approval of the Environmental Clearance process in late August.

Company Overview

Lodha Developers primarily operates in:

• Mumbai Metropolitan Region
• Pune
• Bengaluru

The company has a track record of delivering 110 million sq ft of real estate and currently has over 130 million sq ft under development.

The growth in sales bookings, despite limited launches, suggests strong housing demand in Lodha's key markets. The company's ability to maintain its full-year guidance indicates confidence in its project pipeline and market conditions for the remainder of the fiscal year.