Lodha Developers, the Mumbai-based real estate company, in collaboration with Gurugram-based MRG Group, a diversified conglomerate operating across the agriculture, financial services, and education sectors, has made its debut in Delhi-NCR. With the development of two projects in Gurugram's prime regions, it has a combined revenue potential exceeding ₹3,600 crore. According to the statement made by MRG Group, through this debut in Delhi-NCR, they aim to set a new benchmark for premium commercial and residential developments in the region.

Abhishek Lodha, the Managing Director and CEO of Lodha Developers, said that their initial focus as of now is on Gurugram in the NCR with possible plans to further expand in the region in the future. In July 2025, he had said that the company aims to land one or more deals in the Delhi-NCR region this financial year with the launch of their first project in the next financial year.

As per the reports, out of the two projects, one will be on Sohna road while the other is expected to be on Golf Course Roar. Rajjath Goel, the Managing Director of MRG Group said that they aim to create homes that pave the way for high quality living in NCR.

NCR (National Capital Region) is emerging as one of the major hubs for the real estate developers because of the growing infrastructure, employment opportunities and rising demand for premium housing. Mumbai and Bengaluru based developers are expanding their footprint in this region due to the price appreciation in the market. Developers such as:

• Mumbai-based Oberoi Realty will launch its first project in Gurugram this financial year.
• Mumbai's Rustomjee is exploring to acquire land in the region.
• Bengaluru-based Prestige Group and Sobha marked their entry earlier on with NCR becoming one of their major markets.
• Godrej Properties based in Mumbai
• Mumbai-based Tata Realty

Rajjath Goel said that they are looking forward to their tie-up with Lodha Group as it is known for its legacy of trust, design excellence, unwavering commitment to quality and aims to address the significant gap in NCR for high-quality living. Gurugram, which is emerging to be one of the important hubs, continues to be India's most aspirational real estate market.

With this partnership, their objective is to set a new benchmark for premium commercial and residential spaces. This collaboration underscores the broader interest and strong confidence in Gurugram, attracting major developers in the NCR's growing market.