The $3,600 Crore Shakeup: Lodha and MRG Land in Gurugram

Lodha Developers, in collaboration with MRG Group, is set to enter the Delhi–NCR real estate market with the development of two large-scale projects in Gurugram, Haryana.

Together, the projects are expected to generate a combined revenue potential of over ₹3,600 crore. This strategic move marks Lodha Developers’ foray into both residential and commercial segments in the region, with an objective to set new benchmarks in premium real estate development. Commenting on the partnership, MRG Group Managing Director Rajjath Goel said, “Lodha brings a legacy of trust, design excellence, and an unwavering commitment to quality, and is well positioned to address a significant gap in NCR for high-quality living.”

The development also underscores Gurugram’s emergence as one of India’s most aspirational real estate markets. The collaboration reflects the partners’ long-term intent to strengthen their presence and pursue further expansion opportunities across the region.

News by Rahul Yelligetti.