Lloyds Enterprises Limited has taken a significant step toward expanding its real estate and infrastructure footprint. Its subsidiary, Lloyds Realty Developers Limited (LRDL), has signed a non-binding Memorandum of Understanding (MoU) with Calculus Logistech Pvt Ltd (CLPL) and its existing shareholders. The move signals Lloyds’ strategic foray into India’s rapidly growing warehousing and logistics infrastructure sector.
Under the terms of the MoU, LRDL will acquire a 51% equity stake in CLPL for ₹60 crore, and will further provide structured secured debt of up to ₹242 crore for land aggregation and obtaining necessary regulatory approvals. The project centers around a prime ~99-acre land parcel in Taloja, Navi Mumbai, with an additional aggregation potential of ~32 acres.
The land is strategically located just 40 km from central Mumbai, in a well-established industrial zone that already hosts multiple major players. The planned development includes a world-class logistics and warehousing hub, with potential for industrial or data centre use, aimed at attracting high-value end-users for lease or sale.
Land aggregation is expected to be completed within 9 months of the definitive agreements, while plot sales or leases are targeted within 24 months thereafter. The total revenue potential from the project is estimated to exceed ₹1,250 crore over a 3–4 year horizon, depending on final land use and market demand.
This initiative is part of Lloyds’ broader diversification strategy, complementing its core investments in engineering, metals, and industrial services. By venturing into high-growth real asset classes like warehousing and logistics, the company aims to enhance long-term shareholder value.
