Lodha Developers Mumbai deal activity has intensified with the company signing a major joint development agreement (JDA) in central Mumbai’s fast-evolving Parel–Sewri belt, signaling renewed momentum in the city’s premium real estate segment.
On February 11, 2026, Lodha Developers Limited signed the ₹364 crore agreement with Sahana Properties and Resorts Pvt Ltd and Shahana Builders and Developers Pvt Ltd for multiple land parcels spanning over 10 acres. Documents accessed by CRE Matrix show the revenue-sharing arrangement has been fixed at 67% for Lodha Developers and 37% for the Sahana Group of Companies. The total land area measures 41,526 sq m, and the upcoming project to be launched under the Lodha brand carries a construction timeline of five years.
The Parel Sewri development corridor has steadily gained popularity among developers due to improving connectivity and ongoing infrastructure upgrades. Lodha’s entry into this micro-market signals confidence in the area’s long-term premium positioning, particularly as connectivity projects reshape central Mumbai’s skyline.
In a separate high-value transaction, Lodha Developers has also secured development rights for a prime land parcel owned by the Sorabji Kanga Charity Trust at Malabar Hill in South Mumbai. The agreement, valued at ₹106 crore, was executed on January 7, 2026, and registered with a stamp duty payment of ₹37 crore.
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The Malabar Hill land measures 17,403 sq m (over four acres). Under the terms of the agreement, Lodha Developers will receive a 57.5% share of the total Floor Space Index (FSI).
As part of the arrangement, the trust will receive 5,017 sq m (around 54,000 sq ft) of RERA carpet area and 150 parking spaces. The allocated portion is estimated to be worth over ₹1,407 crore, while the total projected value of the full development is about ₹2,761 crore.
Both projects are scheduled for completion within five years, and analysts say the scale and location of these acquisitions illustrate how the latest Lodha Developers Mumbai deal strategy is focused on locking in high-value land parcels in established micro-markets where long-term appreciation potential remains strong.
Posted By
Ruchi Mane
info@houssed.com
Ruchi Mane is the Senior Editor at Houssed, leading the platform’s real estate news coverage. She tracks trends in India’s luxury property market while overseeing editorial strategy, PR outreach, and social media communication.