Lodha Developers Q1 sales bookings rise 10% to Rs 4,450 crore

Lodha Developers said it would meet the sales bookings target of Rs 21,000 crore of this fiscal year.

Realty firm Lodha Developers on Monday reported a 10 percent growth in its sales bookings to Rs 4,450 crore in the first quarter of this fiscal on better housing demand.

In a regulatory filing, Lodha Developers said, "We achieved pre-sales of Rs 4,450 crore in Q1, FY26, showing 10 percent year-on-year growth."
The growth was despite the impact of geopolitical tensions in the first half of the quarter, which resulted in 'loss' of activity for around two weeks, the company said.

Lodha Developers said it would meet the sales bookings target of Rs 21,000 crore of this fiscal year.

"With further strengthening of our launch pipeline for the current fiscal on the back of significant business development achieved during the June quarter, we remain on track to achieve FY26 pre-sales guidance of Rs 21,000 crore," the company said.

Mumbai-based Lodha Developers is one of the leading real estate firms in the country.

(With PTI inputs)