Lodha Developers makes a strong entry into Bengaluru. Will this acquisition yield strong returns in 2025?
Real estate company Lodha Developers Limited (formerly Macrotech Developers Limited) announced that it has acquired a 100% stake in Chaitanya Bilva Private Limited (CBPL) for ₹499.61 crore. Following this acquisition, CBPL has become a wholly-owned subsidiary of Lodha Developers. The transaction, which is scheduled to close on October 13, 2025, adds a prime 8.37-acre plot of land in Bengaluru to Lodha Developers’ portfolio.
Chaitanya Bilva Private Limited, incorporated on November 17, 2021, engages in the development and construction of residential real estate projects. The company has not yet commenced operations and has had zero turnover over the past three years. Its net worth as of March 31, 2025, was ₹13.10 crore.
Lodha Developers’ Strategy
This acquisition is part of Lodha Developers’ planned growth strategy in Tier-1 cities, which is being achieved through inorganic expansion. No regulatory approvals were required for this transaction. The deal is unrelated to any related parties and was completed at market value.
In July, Lodha Developers recorded 10% year-over-year growth in quarterly pre-sales, reaching ₹4,450 crore. Collections increased 7% to ₹2,880 crore. The company added five new projects in the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru, with a total gross development value (GDV) of ₹22,700 crore. This represents over 90% of the full-year business development target of ₹25,000 crore.
