Lodha Raises ₹300 Crore via Non-Convertible Debentures for Mumbai-Pune Real Estate Expansion

Macrotech Developers Limited, widely recognized as Lodha, announced that it had successfully secured ₹300 crore through the issuance of non-convertible debentures (NCDs) to finance its current and future real estate ventures across major urban centers on July 10, 2025, in Mumbai.

Strategic Capital Mobilization for Growth

The fundraising initiative represents part of the company's comprehensive strategy to obtain long-term capital for business expansion while maintaining development momentum in residential and mixed-use developments. The NCDs were privately placed with institutional investors and are secured by company assets, featuring a fixed coupon rate with medium-term maturity.

Market Focus Areas and Investment Plans

Company officials indicated that Lodha would deploy the capital across high-demand micro-markets in Mumbai, Pune, and the MMR region, emphasizing mid-income and premium housing segments. The funds would also support land acquisition initiatives and project approvals for upcoming launches.

Strong Performance Amid Market Dynamics

This development occurred while the real estate major experienced robust pre-sales and strong demand across its residential portfolio. The developer had also been optimizing its debt profile, seeking to maintain financial discipline while scaling operations in line with Mumbai's luxury real estate market trends.

Market Analyst Perspectives

Market analysts viewed the debenture issuance as a positive indicator of investor confidence in Lodha's business model and the broader resilience of India's housing market growth. The development aligned with industry patterns where established developers were securing capital for expansion amid favorable market conditions.