Lodha Group Expands Pune Presence with ₹294 Crore Acquisition of Solidrise Realty

In a significant Pune real estate market news development, Lodha Developers has expanded its footprint by acquiring a majority stake in a local firm. The move signals continued consolidation in India’s property sector. According to official disclosures, the company has completed a major transaction that strengthens its position in western India. This update adds momentum to ongoing Lodha Developers expansion news and highlights the group’s confidence in Pune’s growth potential.

The transaction confirms that Lodha Developers buys 80 percent stake in Solidrise Realty as part of its broader strategy. The total acquisition cost stands at ₹294.07 crore. Through a share purchase agreement, the Mumbai-based developer has secured controlling interest in the Pune-based entity. This Lodha Developers Pune acquisition for Rs 294 crore positions the company to accelerate project development in the region.

Lodha Developers is one of India’s leading real estate firms, operating under the Lodha brand. It has developed over 100 million square feet across major markets. On the other hand, Solidrise Realty Pvt Ltd (SRPL) is engaged in real estate activities in Pune. Following the deal, Solidrise Realty becomes subsidiary of Lodha Developers, strengthening its integration into a larger corporate structure.

The Lodha Developers Pune expansion reflects the city’s growing importance in India’s housing market. Pune continues to attract IT companies, educational institutions, and industrial investments. This creates consistent residential demand. By completing the Lodha Developers 80 percent stake acquisition, the firm reinforces its commitment to capitalizing on this growth.

The acquisition was disclosed through an official regulatory filing. The document confirmed that the company entered into a share purchase agreement to acquire an 80 percent equity stake. This transparent disclosure aligns with corporate governance norms and strengthens investor confidence. The update forms a key part of Lodha Developers regulatory filing announcements this quarter.

The transaction comes shortly after the company reported improved quarterly results. According to the latest update on Lodha Developers financial performance, consolidated net profit rose by 1 percent to ₹956.9 crore in the third quarter of FY26, compared to ₹944.4 crore in the same period last year. Total income increased to ₹4,775.4 crore from ₹4,146.6 crore year-on-year, indicating stable operational growth.

During the October–December quarter, Lodha Developers acquired five additional land parcels across Mumbai, Delhi-NCR, and Bengaluru. These projects carry an estimated sales value of nearly ₹34,000 crore. The firm continues to acquire land through outright purchases and partnerships. This broader approach complements the Lodha acquires SRPL move and strengthens the company’s development pipeline.

While the company maintains a strong presence in Mumbai Metropolitan Region, Pune, and Bengaluru, it has recently entered the Delhi-NCR residential segment. The current Lodha Developers expansion strategy in Pune market demonstrates balanced geographic diversification. By increasing its stake in a local developer, the firm secures deeper operational control and faster project execution.

Industry observers view the deal as a positive signal for the Pune housing segment. Strategic acquisitions by large developers often bring improved funding, brand credibility, and execution strength. The SRPL subsidiary of Lodha transition may lead to faster development timelines and enhanced project standards. This consolidation trend reflects maturity in the Indian real estate ecosystem.

Lodha Developers has consistently expanded its portfolio through acquisitions and joint ventures. With more than 100 million square feet delivered, the company has built a reputation for large-scale residential developments. The recent stake purchase reinforces its market leadership. As part of Lodha Developers Pune deal updates, the acquisition is expected to support sustained long-term growth.

The ₹294 crore acquisition marks another strategic step in Lodha Developers’ expansion journey. By securing majority ownership in Solidrise Realty, the company strengthens its presence in Pune’s competitive market. Supported by stable financial performance and an expanding land bank, Lodha Developers continues to position itself as a dominant force in India’s residential real estate sector.

Lodha Developers has acquired an 80 percent stake in Pune-based Solidrise Realty for ₹294 crore, strengthening its expansion strategy in the Pune market. The transaction, disclosed through a regulatory filing, makes SRPL a subsidiary of Lodha Developers. The move follows stable quarterly financial results and additional land acquisitions across major cities. With over 100 million square feet developed and expanding presence in multiple regions, Lodha continues to consolidate its position in India’s competitive residential real estate sector.