Lodha Developers Limited (formerly known as Macrotech Developers Limited) has announced the acquisition of an 8.37-acre prime land parcel in Bengaluru as part of its ongoing expansion strategy in key metro markets. The acquisition was completed through the purchase of 100% equity in Chaitanya Bilva Private Limited (CBPL), which has now become a wholly owned subsidiary of Lodha Developers.
According to the company’s filing with the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the transaction was concluded on October 13, 2025, for a cash consideration of ₹499.61 crore. The move aligns with Lodha’s strategic focus on calibrated growth in Tier 1 cities through inorganic expansion.
Chaitanya Bilva Private Limited, incorporated on November 17, 2021, is engaged in the business of real estate development and construction. The company owns the newly acquired 8.37-acre land parcel located in a prime area of Bengaluru, one of India’s fastest-growing real estate markets.
As per the disclosure, CBPL reported a net worth of ₹13.10 crore as of March 31, 2025, and has not yet commenced business operations, with no turnover recorded in the past three financial years. The acquisition is not a related party transaction, and no regulatory approvals were required for its completion.
