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Lodha Developers Acquires Five Land Parcels in Q3, Plans Projects Worth ₹34,000 CroreDLF Sells Kolkata Tech Park and Land Parcel to Srijan Group for ₹670 Crore
Real estate major DLF Ltd. has sold its technology park along with a sizeable land parcel in Kolkata to the Srijan Group in a transaction valued at ₹670 crore. The sale marks a significant strategic divestment by DLF as it continues to streamline its non-core assets and focus on strengthening its core rental and development portfolio.
Deal Overview
The transaction includes the transfer of an operational IT/ITeS SEZ technology park as well as approximately 25.9 acres of land. The deal was executed through a Business Transfer Agreement and accompanying land agreements with entities of the Srijan Group.
DLF’s move to monetise the asset is part of a broader capital-recycling strategy aimed at redeploying resources into higher-yielding projects across its primary markets.
Breakdown of the Transaction
The operational tech park, including built-up commercial space and SEZ facilities, constitutes a significant portion of the deal value.
A substantial part of the agreement also covers the sale of 17.75 acres of freehold land, enabling Srijan Group to pursue future commercial or mixed-use developments.
This combined transaction reflects growing investor appetite for institutional-grade commercial real estate in Kolkata’s evolving business corridor.
Strategic Intent
DLF has been trying to refine its portfolio by cutting down on its dependence on assets that are not located in its primary business centers. The sale of the Kolkata tech park is also a part of this overall strategy of concentrating on high-growth and high-return projects in large cities.
Through this sale, DLF is expected to generate funds that can be used for its ongoing high-end residential projects, its commercial business expansion, and its annuity-based business.
Impact and Market Outlook
For Srijan Group, this acquisition marks a major foray into the commercial real estate sector in Kolkata. With this acquisition, Srijan Group not only buys an income-yielding property but also a large piece of land, which will be used for future developments. This makes Srijan a more formidable player in the commercial real estate sector in eastern India.
This acquisition also marks the increasing trend in the commercial sector of Kolkata, which is fueled by the increasing demand from the IT/ITES sector and the desire for organized, modern office parks.
Looking Ahead
With the commercial real estate market in India continuing to attract institutional and developer-driven investments, the DLF-Srijan transaction is a sign that the portfolio consolidation trend among the larger developers is set to continue. The capital rotation strategy of DLF and the growth plans of Srijan Group indicate the changing landscape of the eastern region.
In the last few years, more and more Non-Resident Indians (NRIs) have started investing in plots and residential land in India. This trend has grown stronger in 2025–2026 because NRIs now see land as a safe, flexible, and high-return investment that also keeps them connected to their roots.
- Land Gives High Returns With Almost No Maintenance
Land grows in value
Plots in developing suburbs and fast-growing towns appreciate much faster than many other types of real estate. Land is often called “smarter gold” because it generally increases in value over time.
No maintenance worries
Unlike apartments that require repairs, painting, and association fees, plots do not need maintenance. This makes them perfect for NRIs who live abroad and cannot inspect properties often.
Freedom and flexibility
With a plot, NRIs can:
Build a home later
Hold it as a long-term investment
Sell it when prices rise
This flexibility is one of the biggest reasons for choosing land over apartments.
- Better Safety & Transparency With RERA
RERA has made buying property in India much safer.
NRIs prefer plots because:
RERA ensures clear titles
Developers must follow strict guidelines
There is more transparency in pricing and documents
Many developers now offer gated plotted communities with:
Roads
Water and electricity connections
Security
Parks and clubhouses
This reduces the risk of buying disputed or unsafe land.
- Strong Financial Advantages for NRIs
More purchasing power
Because the Indian Rupee (INR) is often weaker than currencies like USD, GBP, and AED, NRIs get more value for their money. A plot that seems expensive in India becomes affordable when converted from foreign income.
Easy NRI home loans
Banks offer loans for plot purchases, and NRIs can repay them from NRE/NRO accounts.
Tax benefits
NRIs investing in plots with construction plans can claim tax deductions:
Section 80C (principal repayment)
Section 24 (interest deduction)
This makes it financially smart to buy land in India.
- Emotional Connection & Future Planning
Many NRIs invest in land because India is still home at heart.
Reasons include:
Staying connected to their birthplace
Planning to build a home for retirement
Owning a vacation home for family visits
Leaving behind an asset for children
A plot feels like a long-term, secure legacy.
- Massive Infrastructure Growth in India
Cities in India are expanding fast because of:
New highways
Metro routes
Ring roads
IT parks
Industrial zones
This makes peripheral plots very valuable.
Popular NRI hotspots include:
Bengaluru (Devanahalli, Hoskote)
Chennai (Thirumazhisai, Guduvancheri)
Pune (Hinjewadi, Wagholi, Talegaon)
Hyderabad (Shankarpalli, Pharmacity belt)
As these areas develop, land prices rise quickly — attracting more NRI investors.
- Hassle-Free Buying With Digital Tools
Buying property from abroad has become easy.
NRIs can now:
Take virtual site tours
Sign documents digitally
Transfer money through online banking
Get verified layouts and documents via email
Also, NRIs can appoint a Power of Attorney (PoA) to complete registration without being present in India.
Important Note for NRIs
NRIs cannot buy:
Agricultural land
Plantation land
Farmhouses
unless they have special approval from the Reserve Bank of India (RBI).
NRIs can freely buy:
Residential plots
Non-agricultural land
Plotted developments
Conclusion
NRIs are investing in plots in India because land offers:
Higher appreciation
Low maintenance
Better transparency
Strong financial benefits
Emotional security
Great future potential
With improved regulations and digital processes, buying land in India has become safer, easier, and more rewarding than ever.
Lodha Developers Acquires Five Land Parcels in Q3, Plans Projects Worth ₹34,000 Crore
Lodha Developers has further enhanced its development pipeline by acquiring five new land parcels in the third quarter of the year, which will soon see the company launching projects with a total gross development value of around ₹34,000 crore. This is a clear indication of the company’s aggressive expansion plans in the most profitable real estate markets of India.
Expanding Presence Across Key Cities
The newly acquired land parcels are spread across the Mumbai Metropolitan Region (MMR), Delhi–NCR, and Bengaluru. These markets continue to witness strong demand for both residential and mixed-use developments, prompting Lodha to accelerate its land-banking efforts.
The company is expected to launch a mix of premium, mid-segment, and integrated living projects on these sites over the next few quarters, strengthening its position among the country’s top real estate developers.
Boost to Future Growth Pipeline
With a development potential of around ₹34,000 crore, these new acquisitions will greatly help increase the future projects in the pipeline of Lodha. The company aims to capitalise on the strong demand for housing, thanks to the presence of stable interest rates, positive consumer sentiment, and the increasing trend of urbanisation.
According to experts, this new land bank will help Lodha maintain its strong sales performance in the coming years, especially in areas such as MMR and NCR, where demand still exceeds the supply of quality housing.
Financial Impact and Strategic Rationale
The land acquisitions have led to a moderate rise in net debt, which has increased in the quarter as the company has invested in land with high potential. However, the company asserts that its leverage is comfortably within the long-term guidelines due to strong cash flows and sales bookings in the quarter.
The company has a very ambitious sales bookings target for the year, and the newly acquired land parcels will be very important in helping the company achieve this target.
Strengthening Presence in NCR
Notably, Lodha’s deeper push into the Delhi–NCR region signals a strategic diversification beyond its traditional strongholds. Its entry into this highly competitive market is seen as a long-term play to capture demand in north India’s high-growth residential segment.
Outlook
With a robust pipeline, strategic land acquisitions, and strong demand across its core markets, Lodha Developers enters 2026 on a solid footing. The company is expected to accelerate project launches in the coming quarters, leveraging its strengthened land position to drive sustained revenue growth.
Godrej Properties Achieves Record ₹1,000+ Crore Sales at Evora Estate Launch in Panipat
Godrej Properties has set a remarkable benchmark in North India’s real estate market with the launch of Evora Estate, its first plotted development in Panipat, Haryana. The project has achieved record-breaking sales exceeding ₹1,000 crore, making it one of the most successful plotted development launches in the company’s history.
This milestone signals a strong demand surge for premium plotted communities in emerging real estate corridors and highlights Godrej Properties’ growing influence in North India.
Historic Launch for Godrej Properties
Launched in December 2025, Evora Estate has received an overwhelming response from buyers, with more than 600 plots already sold. The project covers an area of about 43 acres and has almost 8 lakh sq. ft. of saleable area in well-designed residential plots.
This performance is a testament to the growing demand for luxury plotted living, where buyers have the flexibility to design their living spaces as per the planned layout.
Why Evora Estate Received Massive Demand
Several outstanding factors have contributed to the project’s remarkable sales performance:
- Location Advantage
Evora Estate is situated in Sector 40, Panipat, with easy connectivity to NH-44A. The location provides outstanding connectivity to prominent urban and industrial centers, making it a sought-after destination for both homebuyers and investors.
- Luxury Plotted Community
The project is spread over lush and well-designed landscapes, combining modern infrastructure with a Mediterranean design theme. It is conceptualized as a luxury plotted township with:
Internal roads of wide dimensions
Green open spaces
Lifestyle amenities
Gated community security
Vastu-friendly plot orientation
This amalgamation satisfies the demand for luxury, self-designed living spaces.
- Strong Brand Trust
Panipat: A Rising Real Estate Hotspot
Panipat’s rapid development in infrastructure, industrial expansion, and increasing urbanisation has positioned it as a fast-emerging real estate hub.
Key growth drivers include:
Strategic location between Delhi and Chandigarh
Boost in industrial and logistics activity
Improved regional connectivity
Rising demand for organized residential developments
This environment has created a favourable setting for large-scale plotted developments like Evora Estate.
Company’s Growing Focus on Plotted Developments
Evora Estate marks Godrej Properties’ first project in Panipat and adds to its portfolio of successful plotted communities across North India. Plotted townships have become a key growth segment, driven by:
Rising interest in land ownership
Flexibility in home design and construction
Higher appreciation potential
The record-breaking performance in Panipat reinforces the company’s strategy to expand in high-demand markets.
What This Means for Investors
With Panipat transforming into a future-ready residential and industrial hub, the success of Evora Estate signals strong investor confidence. Plotted developments in well-connected locations offer:
Strong long-term capital appreciation
High rental and commercial potential in the future
Better liquidity due to branded development
Given the response, similar upcoming projects in the region are likely to witness strong traction.
Conclusion
The achievement of Evora Estate is more than a sales milestone – it is a testament to the ever-unfolding change in the real estate demands of North India. Godrej Properties’ foray into Panipat not only marks a significant shift in the residential sector of Panipat but also marks the beginning of a new era of large-scale plotted developments in emerging markets.
With the demand for premium, flexible, and modern living spaces on the rise, Evora Estate and other such developments are set to play a pivotal role in defining the next era of urbanization in North India.
Godrej Properties Achieves Record ₹1,000+ Crore Sales at Evora Estate Launch in Panipat
Godrej Properties has set a remarkable benchmark in North India’s real estate market with the launch of Evora Estate, its first plotted development in Panipat, Haryana. The project has achieved record-breaking sales exceeding ₹1,000 crore, making it one of the most successful plotted development launches in the company’s history.
This milestone signals a strong demand surge for premium plotted communities in emerging real estate corridors and highlights Godrej Properties’ growing influence in North India.
Historic Launch for Godrej Properties
Launched in December 2025, Evora Estate has received an overwhelming response from buyers, with more than 600 plots already sold. The project covers an area of about 43 acres and has almost 8 lakh sq. ft. of saleable area in well-designed residential plots.
This performance is a testament to the growing demand for luxury plotted living, where buyers have the flexibility to design their living spaces as per the planned layout.
Why Evora Estate Received Massive Demand
Several outstanding factors have contributed to the project’s remarkable sales performance:
- Location Advantage
Evora Estate is situated in Sector 40, Panipat, with easy connectivity to NH-44A. The location provides outstanding connectivity to prominent urban and industrial centers, making it a sought-after destination for both homebuyers and investors.
- Luxury Plotted Community
The project is spread over lush and well-designed landscapes, combining modern infrastructure with a Mediterranean design theme. It is conceptualized as a luxury plotted township with:
Internal roads of wide dimensions
Green open spaces
Lifestyle amenities
Gated community security
Vastu-friendly plot orientation
This amalgamation satisfies the demand for luxury, self-designed living spaces.
- Strong Brand Trust
Panipat: A Rising Real Estate Hotspot
Panipat’s rapid development in infrastructure, industrial expansion, and increasing urbanisation has positioned it as a fast-emerging real estate hub.
Key growth drivers include:
Strategic location between Delhi and Chandigarh
Boost in industrial and logistics activity
Improved regional connectivity
Rising demand for organized residential developments
This environment has created a favourable setting for large-scale plotted developments like Evora Estate.
Company’s Growing Focus on Plotted Developments
Evora Estate marks Godrej Properties’ first project in Panipat and adds to its portfolio of successful plotted communities across North India. Plotted townships have become a key growth segment, driven by:
Rising interest in land ownership
Flexibility in home design and construction
Higher appreciation potential
The record-breaking performance in Panipat reinforces the company’s strategy to expand in high-demand markets.
What This Means for Investors
With Panipat transforming into a future-ready residential and industrial hub, the success of Evora Estate signals strong investor confidence. Plotted developments in well-connected locations offer:
Strong long-term capital appreciation
High rental and commercial potential in the future
Better liquidity due to branded development
Given the response, similar upcoming projects in the region are likely to witness strong traction.
Conclusion
The achievement of Evora Estate is more than a sales milestone – it is a testament to the ever-unfolding change in the real estate demands of North India. Godrej Properties’ foray into Panipat not only marks a significant shift in the residential sector of Panipat but also marks the beginning of a new era of large-scale plotted developments in emerging markets.
With the demand for premium, flexible, and modern living spaces on the rise, Evora Estate and other such developments are set to play a pivotal role in defining the next era of urbanization in North India.
Godrej Properties Achieves Record ₹1,000+ Crore Sales at Evora Estate Launch in Panipat
Godrej Properties has set a remarkable benchmark in North India’s real estate market with the launch of Evora Estate, its first plotted development in Panipat, Haryana. The project has achieved record-breaking sales exceeding ₹1,000 crore, making it one of the most successful plotted development launches in the company’s history.
This milestone signals a strong demand surge for premium plotted communities in emerging real estate corridors and highlights Godrej Properties’ growing influence in North India.
Historic Launch for Godrej Properties
Launched in December 2025, Evora Estate has received an overwhelming response from buyers, with more than 600 plots already sold. The project covers an area of about 43 acres and has almost 8 lakh sq. ft. of saleable area in well-designed residential plots.
This performance is a testament to the growing demand for luxury plotted living, where buyers have the flexibility to design their living spaces as per the planned layout.
Why Evora Estate Received Massive Demand
Several outstanding factors have contributed to the project’s remarkable sales performance:
- Location Advantage
Evora Estate is situated in Sector 40, Panipat, with easy connectivity to NH-44A. The location provides outstanding connectivity to prominent urban and industrial centers, making it a sought-after destination for both homebuyers and investors.
- Luxury Plotted Community
The project is spread over lush and well-designed landscapes, combining modern infrastructure with a Mediterranean design theme. It is conceptualized as a luxury plotted township with:
Internal roads of wide dimensions
Green open spaces
Lifestyle amenities
Gated community security
Vastu-friendly plot orientation
This amalgamation satisfies the demand for luxury, self-designed living spaces.
- Strong Brand Trust
Panipat: A Rising Real Estate Hotspot
Panipat’s rapid development in infrastructure, industrial expansion, and increasing urbanisation has positioned it as a fast-emerging real estate hub.
Key growth drivers include:
Strategic location between Delhi and Chandigarh
Boost in industrial and logistics activity
Improved regional connectivity
Rising demand for organized residential developments
This environment has created a favourable setting for large-scale plotted developments like Evora Estate.
Company’s Growing Focus on Plotted Developments
Evora Estate marks Godrej Properties’ first project in Panipat and adds to its portfolio of successful plotted communities across North India. Plotted townships have become a key growth segment, driven by:
Rising interest in land ownership
Flexibility in home design and construction
Higher appreciation potential
The record-breaking performance in Panipat reinforces the company’s strategy to expand in high-demand markets.
What This Means for Investors
With Panipat transforming into a future-ready residential and industrial hub, the success of Evora Estate signals strong investor confidence. Plotted developments in well-connected locations offer:
Strong long-term capital appreciation
High rental and commercial potential in the future
Better liquidity due to branded development
Given the response, similar upcoming projects in the region are likely to witness strong traction.
Conclusion
The achievement of Evora Estate is more than a sales milestone – it is a testament to the ever-unfolding change in the real estate demands of North India. Godrej Properties’ foray into Panipat not only marks a significant shift in the residential sector of Panipat but also marks the beginning of a new era of large-scale plotted developments in emerging markets.
With the demand for premium, flexible, and modern living spaces on the rise, Evora Estate and other such developments are set to play a pivotal role in defining the next era of urbanization in North India.
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