Lodha Developers Ltd, a major player in the real estate sector, has announced the acquisition of a land parcel in the Mumbai Metropolitan Region (MMR) during the July-September quarter, aiming to develop a housing project valued at Rs 2,300 crore as part of its business expansion strategy.

The company's acquisition fulfills its annual target of procuring land parcels with a revenue potential of Rs 25,000 crore, a significant milestone for the fiscal year. Earlier this year, Lodha acquired multiple land parcels in Mumbai, Pune, and Bengaluru, eyeing a combined revenue potential of Rs 22,700 crore from these developments.

In its latest operational update, Lodha Developers reported a 7% year-on-year increase in pre-sales, reaching Rs 4,570 crore in Q2 of FY26, driven by a strong housing dem

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