Latest News | Lodha Developers Q1 Sales Bookings Rise 10 Pc to Rs 4,450 Cr

New Delhi, Jul 7 (PTI) Realty firm Lodha Developers on Monday reported a 10 per cent 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 per cent year-on-year growth."

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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.

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"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.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)