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Lodha Developers Finalize ₹365 Crore Joint Development Deal in Mumbai's Sewree
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Lodha Developers Seals Rs 365 Cr Joint Development Deal in Mumbai's Sewree
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Storyboard
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23-02-2026, 14:33
Lodha Developers Seals Rs 365 Cr Joint Development Deal in Mumbai's Sewree
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Lodha Developers partners with Sahana Properties and Resorts Pvt Ltd and Sahana Builders and Developers Pvt Ltd for a joint development agreement.
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The deal, valued at Rs 365 crore with Rs 37 crore stamp duty, is for 10.26 acres in Mumbai’s Parel–Sewree belt.
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The project is a slum redevelopment scheme, rehabilitating 1,216 slum dwellers from 11 societies on Plot A.
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Lodha and Sahana will first build rehabilitation structures, then premium residential towers with 3- and 4-BHK apartments for sale.
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The transaction aligns with Lodha's expansion, adding five new projects worth Rs 33,800 crore in Q3 FY26 and achieving record pre-sales.
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