Lodha aims to generate ₹21,000 crore in sales this year
Lodha Developers is gearing up to launch new homes worth ₹17,000 crore by March next year.
They're aiming for ₹21,000 crore in sales this year—a solid 19% jump from last time.
Executive Director (Finance) Sushil Kumar Modi says it's all thanks to strong post-pandemic demand, income tax relief, and lower home loan rates making buying easier.
Modi on lodha's growth plans
The company already kicked off projects worth ₹8,000 crore in the first quarter and has more lined up for later this year.
Modi points out that having a steady flow of new projects and good market conditions are key to hitting these goals.
Lodha's profits jumped 42% this quarter and sales bookings are up too—momentum they hope will continue with more launches during the festive season.
Looking ahead, they're planning even bigger launches worth ₹25,000 crore next year using newly acquired land.