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Lodha Developers & MRG Group Tie-Up Brings ₹3,600 Crore Real Estate Projects in Gurgaon
Real Estate News
02-Feb-26

Lodha Developers & MRG Group Tie-Up Brings ₹3,600 Crore Real Estate Projects in Gurgaon

Another important milestone that the real-estate market of Gurgaon has achieved is the strategic alliance between Lodha Developers and MRG Group to develop projects worth above 3,600 crore.This partnership will be the official venture of Lodha Developers into a large-scale residential and commercial development in the Delhi-NCR area thus making Gurgaon a key growth market to the Mumbai-based real-estate conglomerate.

The joint venture combines the expertise of Lodha Developers in providing high-quality developments in India and other global areas with MRG Group with strong presence and deep knowledge of the Gurgaon real-estate environment.The intended projects will be built in the best areas of Gurgaon, where there will be a large population of homebuyers, corporate entities, and long-term investors.

Summary of Lodha Developers & MRG Group Partnership.

Strategic Collaboration 

The Lodha-MRG joint venture entails the creation of two brand name real-estate projects in Gurgaon, having a cumulative revenue potential of more than 3,600 crore.These projects will comprise residential and commercial elements and thus meet the changing demands of urban, aspirational customer base.

The main points of the partnership are:

  • Lodha Developers penetrating the residential and commercial market in the Delhi-NCR.

  • Joint development strategy with a local partner that is trusted.

  • Emphasize on design superiority, building quality, and comprehensive development criteria.

  • Growth in micro-markets with high demand in Gurgaon.

This project is part of the larger strategy of Lodha Developers to move out of western India to high growth metropolitan areas.

The Market Entrance of Lodha Developers into the Delhi-NCR Market.

A Planned Expansion Strategy

Lodha Developers is one of the most well known real-estate companies in India with landmark projects in Mumbai, Pune and London.Although the firm already has a warehousing project within the NCR, the developments at Gurgaon will be its first major housing and business projects in NCR.

In July 2025, publicly, Lodha Developers announced its plan to dispose one or more land acquisitions in NCR to launch its first big project in the next financial year.It will be a perfect match with this roadmap, as the collaboration with MRG Group will make Lodha fast-track the expansion into northern India with the help of a joint development model.

Role of MRG Group in the Gurgaon Projects

Local Expertise Meets National Scale

MRG Group is a long-established developer of real-estates that has its headquarters in Gurgaon and is known to be highly knowledgeable regarding local regulations, preferences of buyers, and micro-market forces.Lodha Developers are going to collaborate with MRG to bring new standards into the real-estate market of Gurgaon.

As Rajjath Goel the Managing Director of MRG Group said:

We are delighted to be able to partner with Lodha Group.Lodha comes with the tradition of credibility, design, and a firm belief in quality and is set to fill a major gap in NCR of quality living.This is also indicative of our belief about Gurgaon remaining the most aspirational real-estate market in India.

This is a statement of the long-term belief that both developers have in the growth story of Gurgaon.

Why Gurgaon Is the Chosen Market

Firm Real-Estate Fundamentals.

Gurgaon has always been among the most dynamic and strong markets in India with regard to real-estates.The city is still experiencing high demand because of:

  • Proximity to Delhi

  • An effective office and corporate culture.

  • Multinational corporations and IT service centres.

  • Stable residential and commercial consumption.

The urbanisation in the city to a high-value urban centre has made it the choice of both end-users and institutional investors, as well as developers.

Infrastructure Growth Driving Demand in Gurgaon

The future Lodha-MRG projects will be positively impacted by the current and future infrastructure development, which include:

  • Better access to the roads via arteries.

  • The increase of the metro system.

  • Improved accessibility to large work centers.

  • SPR, Dwarka Expressway, and New Gurugram are the growth corridors.

This infrastructure enhancement has remained a source of high-end residential and Grade A commercial real estate projects, which further enhances the long-term investment perspective of Gurgaon.

Advisory Role of Cushman & Wakefield

Cushman and Wakefield, which is among the most reputable real-estate consulting firms in the world advised the transaction and partnership.Their participation brings institutional credibility and due diligence of the deal, which strengthens the trust of buyers and investors.

Lodha-MRG Projects in the Market.

What This Means for Buyers and Investors

The entry of Lodha Developers into Gurgaon under this partnership is likely to:

  • Introduce good supply to the high-end real-estate market.

  • Increase competition, ultimately benefiting homebuyers.

  • Boost investor trust in the real-estate fundamentals of Gurgaon.

  • Implement international design and implementation standards to NCR projects.

On the part of homebuyers, this joint venture provides them with access to developments that are supported by two real-estate giants and thus minimizes the risks in execution and increases confidence.

Frequently Asked Questions

How much worth are the Lodha Developers-MRG Group projects in Gurgaon?
The total revenue potential of the planned residential and commercial projects is more than 3,600 crore.

Is it the first project of Lodha Developers in Delhi-NCR?
These will be the first residential and commercial projects of Lodha Developers in the NCR, but it has a warehousing project in the area already.

Why did Lodha Developers choose Gurgaon?
Gurgaon is a location that has good demand, positioned close to Delhi, good infrastructure development, and good office market, thus it is among the most appealing real-estate locations in India.

Who recommended the Lodha-MRG alliance?
Cushman & Wakefield was the strategic advisor representing MRG Group in the partnership.

Will these projects include residential or commercial developments?
The joint venture entails residential and commercial real-estate developments in the prime areas of Gurgaon.

Conclusion: A Defining Moment for Gurgaon Real Estate

The Lodha Developers and MRG Group partnership on 3, 600 crore real-estate projects in Gurgaon is a historic event in the history of the property market in the city. It is an indicator of increasing developer confidence, good market fundamentals and an increasing demand of good developments in NCR.

The combination of the national and international experience of Lodha with the local knowledge of the MRG Group has made these upcoming projects to be the pioneers of design, quality and integrated development. To both buyers and investors, such partnership is an indication of long term value, confidence and potential expansion in the emerging real-estate business world of Gurgaon.


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