Lodha Developers, India’s second-largest real estate company by market value, plans to launch a Rs 19 billion (USD 220 million) residential project in the Delhi National Capital Region (NCR) by April 2026, marking its foray into DLF’s dominant territory.

This strategic move underscores a broader trend among top Indian real estate firms to expand beyond their home markets to tap into the growing demand for premium and luxury housing.

DLF recently sold out apartments worth Rs 23 billion in its debut Mumbai project, while Prestige Estates Projects entered Mumbai earlier this year with 2.8 million sq. ft. of new developments. Analysts believe national expansion is essential for sustaining extraordinary growth. Homes priced above Rs 10 million comprised nearly half of India’s residential sales in H1 2025, with Delhi NCR leading with 16,416 units sold, followed by Mumbai.