🏗️ Lodha Expands Pune Footprint with ₹294 Cr Acquisition

In a strategic growth move, Lodha Developers Limited** (formerly Macrotech Developers) has announced the acquisition of an 80% stake in Solidrise Realty Private Limited for ₹294.07 crore. The company entered into a Share Purchase Agreement on 14 February 2026, and the transaction is expected to be completed by 16 February 2026. 🔎 Key Highlights: 💰 Acquisition Cost: ₹294.07 crore (Cash consideration) 📊 Stake Acquired: 80% equity 🏢 Target Business: Real Estate 📍 Focus Market: Pune ⚖️ Regulatory Approvals: Not required 🔄 Related Party Transaction: No Solidrise Realty Private Limited (SRPL), incorporated on 21 March 2025, operates in the Pune real estate market. With this acquisition, SRPL will become a subsidiary of Lodha Developers Limited. 📈 Strategic Impact This acquisition aligns with Lodha’s stated Pune expansion strategy, strengthening its regional presence in one of India’s fast-growing real estate hubs. Pune continues to witness strong residential demand driven by IT growth, infrastructure development, and urban migration — making it a high-potential market for premium and mid-income housing projects. For investors, this signals Lodha’s continued focus on asset-light expansion and regional consolidation, especially in high-growth corridors. 📌 This content is for educational and informational purposes only and should not be considered investment advice. Please consult your financial advisor before making any investment decisions.