Lodha Developers: Housing Demand Strong, Price Growth Moderating to Sustainable Levels

Earnings
C
CNBC TV18•29-01-2026, 12:12
Lodha Developers: Housing Demand Strong, Price Growth Moderating to Sustainable Levels
- •Lodha Developers reports strong housing demand and robust performance, with Q3FY26 revenues of ₹4,672 crore and net profit of ₹956.9 crore.
- •The company achieved a record ₹5,600 crore in sales and crossed the ₹5,000 crore pre-sales mark for the first time.
- •Lodha Group's Director–Finance, Sushil Modi, emphasizes that recent stock corrections do not reflect underlying demand strength, especially for top-tier developers.
- •Price growth is moderating to a sustainable 5-6% annually, which is healthier for affordability and long-term demand compared to previous double-digit hikes.
- •Lodha Developers is expanding into the NCR market, viewing it as the second-largest housing demand carrier after MMR Mumbai, with a measured entry strategy.
Why It Matters: Lodha Developers sees strong housing demand, moderating price growth, and strategic expansion into new markets.
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