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Home Trading News Stock Market

Lodha Developers acquires 80% stake in Pune-based Solidrise Realty for ₹294 crore

February 15, 2026
in Stock Market
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Lodha Developers acquires 80% stake in Pune-based Solidrise Realty for ₹294 crore
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Lodha Builders Ltd, one of many main actual property firms in India, stated it has purchased an 80% stake in Pune-based Solidrise Realty Pvt Ltd (SRPL) for ₹294 crore.

In a regulatory submitting, the Mumbai-based firm stated it has entered right into a share buy pact to amass 80% stake in Solidrise Realty. The price of acquisition is ₹294.07 crore.

Following the deal, SRPL will turn out to be a subsidiary of Lodha Builders. To date, Lodha has developed greater than 100 million sq ft space. It sells properties underneath Lodha model.

The agency has a powerful presence in Mumbai Metropolitan Area (MMR), Pune, Bengaluru housing markets. It just lately entered the Delhi-NCR residential market.

Lodha Builders reported a 1% development in consolidated web revenue at ₹956.9 crore within the third quarter, ended 31 December 2025, of this fiscal 12 months. Its web revenue stood at ₹944.4 crore within the year-ago interval.

Its complete revenue surged to ₹4,775.4 crore within the October-December 2025 interval from ₹4,146.6 crore within the corresponding interval of the previous 12 months.

Lodha Builders to speculate ₹1 lakh cr in Maharashtra

In January, Lodha Builders signed an preliminary settlement with the Maharashtra authorities, pledging an extra ₹1 lakh crore to assemble an expansive information middle park. This follow-up comes simply 4 months after the agency signed a earlier Memorandum of Understanding (MoU) value ₹30,000 crore for information middle growth inside the state.

On January 19, Abhishek Lodha, the Managing Director and CEO of Lodha Builders, signed the MoU with state authorities in the course of the World Financial Discussion board in Davos. This infusion brings the agency’s complete monetary dedication to ₹1.3 lakh crore.

Final September, the developer initially entered right into a ₹30,000 crore settlement underneath Maharashtra’s Inexperienced Built-in Knowledge Centre Park coverage. The next ₹1 lakh crore deal considerably strengthens the group’s dedication to the state’s financial enlargement.

“The info centre park with a complete funding of ₹1.3 lakh crore will create over 16,000 direct and oblique jobs,” the corporate stated.

The deliberate park, boasting a 2.5 gigawatt capability, is designed to accommodate quite a few outstanding home and worldwide information middle operators. On this ecosystem, Lodha Builders will function the first developer, offering the mandatory infrastructure for varied gamers trying to set up their very own information amenities.

“Over and above the ₹30,000 crore dedication final 12 months to develop the info centre park, we’ve signed one other settlement with the federal government of Maharashtra to speculate an extra ₹1 lakh crore. The state has already scaled newer heights underneath the management of Devendra Fadnavis, Chief Minister of Maharashtra,” stated Abhishek Lodha.



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Tags: AcquirescroredevelopersLodhaPunebasedRealtySolidrisestake
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