Lodha (listed on Indian exchanges as Macrotech Developers Limited) entered Pune with a clear thesis: concentrate on the two corridors — the western IT belt anchored by Hinjewadi and the eastern corridor anchored by Kharadi — where employment density is highest and residential demand most durable. Founded in 1980, the group has built a reputation for quality design and delivery across Mumbai, Pune, Bengaluru and London. As per the GROHE-Hurun India Real Estate 150 list (2025), Lodha Developers is valued at ₹1.38 lakh crore, making it the second-most valuable realty firm in India. In Pune specifically, the developer has assembled a portfolio of 25 projects, spanning completed townships, under-construction residences and new launches.
Lodha is set to scale up its project pipeline with plans to launch 15 residential projects worth ₹14,000 crore across the Mumbai Metropolitan Region, Pune and Bengaluru. Pune is not a secondary market for the group — it is one of three cities the developer treats as a core expansion zone. Analysts note that the company's focus on branded mid-income and premium housing, combined with strong demand in MMR and Pune, continues to support volumes.
Areas like Hinjewadi, Magarpatta and Kharadi have emerged as IT and business districts, witnessing a surge in real estate development. Lodha's site selections follow that logic directly. In the east, Kharadi sits adjacent to EON IT Park and the World Trade Center — two of Pune's largest commercial nodes — while giving residents fast access to Pune International Airport via Nagar Road. In the west, Wakad occupies the hinge point between Hinjewadi Phase 1, Baner and the Mumbai–Pune Expressway, making it a practical address for professionals who commute across Pune's tech corridor.
Both micro-markets have seen sustained price appreciation. Over the past three years, property prices in Wakad have surged by approximately 15–16% annually. In Kharadi, property prices on Upper Kharadi Main Road increased by 100% over the period 2018 to 2025. Lodha's entry into both corridors — at a premium positioning above the area average — is a calculated bet that branded quality commands a durable premium in maturing micro-markets.
Described as the first-ever Grade A project in Wakad, Lodha Altero is spread over 2.70 acres and features 2, 3, 3.5 and 4 BHK residences with expansive decks, horizontal living rooms and Italian marble finishes. The development includes a 25,000-square-foot rooftop clubhouse with an infinity pool, lush landscaping, and leisure and recreation amenities designed by internationally recognised architects.
The site address is on the 36-metre-wide Wakad-Bhosari BRTS Road, just a five-minute drive from the Mumbai-Pune Highway. The location ensures seamless access to Hinjewadi and Balewadi, just 10–15 minutes away, and Nigdi, Pimpri and Pradhikaran, within a 15-minute drive. On the infrastructure pipeline, Pune Metro Line 3 will connect Hinjewadi to Shivajinagar via Wakad, and the nearest metro access point is already operational at Wakad Chowk. The Hinjewadi Wakad Bridge ensures swift connectivity to the Hinjewadi IT hub in approximately ten minutes, while the upcoming Balewadi Bridge will link Balewadi High Street to Wakad in around ten minutes.
For daily needs, institutions like Indira Institute of Management, NICMAR, Sanskruti International School and Euro School are within a ten-minute drive, along with Aditya Birla Hospital, Manipal Hospital and Lifepoint Hospital; Phoenix Mall of the Millennium, Westend Mall and Balewadi High Street are five to ten minutes away.
The project, developed by Macrotech Developers Limited, officially launched in March 2025 and is expected to complete by June 2030. Registered under MahaRERA No. P52100079692, it comprises 531 residential units including 3-bed, 3-bed with study, 4-bed with study, 4-bed and 5-bed penthouse configurations, with unit sizes ranging from 1,087 to 2,885 sq ft across 0.38 acres. Lodha Altero's average asking price is approximately ₹19,200 per sq ft, compared to the Wakad micro-market average of ₹11,900 per sq ft — a premium that reflects the project's grade-A specification and the absence of comparable product in this locality.
Inspired by the idyllic charm of the English countryside, Lodha Camelot is a sprawling 10-acre sanctuary in Kharadi. With 80% open green spaces, the project blends the developer's signature landscaping with horizontal living rooms, expansive decks and terraces designed to maximise natural light and ventilation. The development comprises 11 towers of G+24 floors offering 3 BHK, 3.5 BHK, 4.5 BHK and 5 BHK penthouse residences.
Located next to Kapila Resort in Kharadi, Lodha Camelot sits within one kilometre of both World Trade Center and EON IT Park. The project enjoys excellent connectivity via Nagar Road, Viman Nagar, Wagholi and Kalyani Nagar, with quick access to Pune International Airport, and the upcoming Kharadi Metro Station will further enhance connectivity.
Unit configurations include 3 BHK (1,250–1,270 sq ft), 3.5 BHK (1,511 sq ft) and 4.5 BHK (2,244 sq ft), with 5 BHK penthouses at 3,050 sq ft. Target possession is December 2027 per MahaRERA. Camelot stands out for its 80% open spaces and terraced landscape design, providing expansive green areas, private gardens, and dedicated spaces including forest play zones and pet parks.
Lodha runs two distinct products in Kharadi simultaneously — Camelot at scale across ten acres, and Estilo as a more intimate, design-intensive offering. Lodha Estilo is sited within three acres of landscaped greens, with three towers rising 27 storeys, surrounded by wooded greens and thoughtfully curated leisure zones. The entrance lobby is designed by Studio HBA, a globally recognised hospitality design firm, and the residences overlook a tranquil sylvan landscape.
The development features three elegant towers with G+28 floors on 3.5 acres, with a possession date of December 2027, and offers 3.5 BHK and 4 BHK apartments. The 3.5 BHK configuration offers 1,615 sq ft of carpet area starting at ₹2.80 crore, while the 4 BHK at 1,820 sq ft is priced from ₹3.35 crore. The project features a 12,000-sq-ft luxury clubhouse with resort-style amenities and a rooftop sports zone.
Market absorption has been strong: as of March 2025, 93 out of 110 launched units had been booked, including 82% of the 4 BHK inventory and 87% of the 3 BHK inventory. During Q1 2026, average property prices for Lodha Estilo moved from ₹16,200 per sq ft to ₹16,850 per sq ft, reflecting a 4% rise quarter-on-quarter.
The three tracked projects are part of a wider Pune strategy. Lodha has delivered or is developing in Hinjewadi (Lodha Panache, across 10.5 acres near Blue Ridge Public School), Baner (Lodha Massimo, at the foothills of Baner Hills), Kothrud (Lodha Palais) and NIBM Road. Under-construction projects including Lodha Bella Vita, Lodha Giardino, Lodha Panache and Lodha Magnus offer options ranging from 2 to 5 beds. This spread of addresses — eastern corridor, western IT belt, traditional residential belt at Kothrud and NIBM — means a buyer comparing Lodha options in Pune is effectively comparing different urban geographies, not just different projects.
For buyers focused on the Kharadi corridor, Lodha Giardino on Upper Kharadi Main Road is a third project in the immediate vicinity of Camelot and Estilo — giving the group a contiguous cluster that allows it to brand and manage a neighbourhood rather than simply occupy a plot. That cluster approach, historically applied in Mumbai townships like Palava and Belmondo, is now visible in east Pune.
