Lodha Azur marks the Lodha Group's development in Akshayanagar, off Bannerghatta Main Road in South Bangalore, positioned beside Hullimavu Lake. Tucked away in a soothing neighbourhood in Akshayanagar adjoining the Hullimavu lake, and close to the IT corridor, Lodha Azur couldn't ask for a better address. The project sits within a locality that has moved from farmland to a dense apartment corridor over roughly the last decade and a half, and Lodha's arrival here reflects the same pattern the group has followed in other Indian metros: identifying South Bangalore's IT-adjacent residential belts and building family-scale gated communities there.
It was founded in 1980 by Mangal Prabhat Lodha. It has developed residential and commercial properties in Mumbai, Thane, Hyderabad, Pune, Bengaluru and London. The company later listed on Indian bourses under the name Macrotech Developers; in 2021, Macrotech Developers Limited made its debut on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) through an initial public offering (IPO) that raised approximately ₹2,500 crore. By FY2025, the group reported revenue of ₹13,779 crore, underscoring the balance-sheet strength standing behind projects such as Lodha Azur. Nationally, its portfolio spans landmark addresses including Lodha Altamount, The World Towers, Lodha Park and the Palava township near Mumbai, alongside affordable and mid-income brands developed since the company's early years in the Mumbai suburbs.
Lodha Azur occupies roughly 10.5 acres off Bannerghatta Main Road in Akshayanagar. Lodha Azur, by the Lodha Group, on Bannerghatta Road, offers 3- to 3.5-BHK homes across 10.5 acres. This development features 4 high-rise towers with 500 flats, each boasting expansive sundecks and stunning views of Hullimavu Lake. The residences are pitched as 3 BHK, 3 BHK with study and 4 BHK layouts, with terrace-style sun-decks facing the lake or the internal greens. Residents can enjoy a 20,000+ sq. ft. clubhouse, a mini theatre, a meditation pod, a swimming pool, a gym, and a vibrant amphitheatre for community events. A kids' play area, cafeteria, skating rink, and step garden add to the diverse range of amenities. The project is registered under RERA number PRM/KA/RERA/1251/310/PR/220324/006728, with possession targeted for December 2027, and current quoted starting prices for a 3 BHK sit in the ₹2.4-2.6 crore range depending on tower and floor.
The locality's draw for a Bangalore-based Lodha buyer rests on its position relative to the city's established employment corridors. Electronic City is just 20 minutes from the area and 10.5 km away via NICE Road. Bannerghatta Road distance is 12 minutes and 5.2 km from Begur Road via Akshayanagar Main Road. Proximity to reputed institutions such as IIM Bangalore and healthcare centres like Fortis Hospital ensures access to quality education and medical facilities. Nearby retail anchors include D Mart and Royal Meenakshi Mall, and the area falls within the Begur ward, wedged between Bannerghatta Road and Hosur Road in South-East Bangalore.
Akshayanagar has moved from an emerging suburb to a recognised mid-to-premium address over the past few years. Due to the presence of all these, the property rates in Akshayanagar have gone up by 37.3% compared to last year. With limited land left for plotted layouts and new premium projects launching, property rates have crossed ₹8,000/sq. ft. in parts of the locality, and average sale prices in the broader Akshayanagar micro-market are now quoted around ₹13,650 per sq. ft. across active listings. With infrastructure growth along Bannerghatta Road, the area is expected to witness further price appreciation over time. For a Lodha buyer, this trajectory places Lodha Azur in a locality still absorbing new high-rise supply rather than one already saturated.
Lodha Azur is not an isolated Bangalore bet for the group. In North Bangalore, Lodha Mirabelle sits inside Manyata Tech Park in Nagavara/Thanisandra, a project spread across 19 acres, featuring a 3.2-acre central green, a 45,000 sq. ft. clubhouse (Club Luxuria), and proximity to the upcoming Nagavara Metro Station. In East Bangalore, the group has moved into Whitefield with Lodha Kadugodi, and separately, Lodha is set to launch its first commercial development in Bengaluru's Whitefield area, marking its entry into the city's office real estate segment. Seen together, Akshayanagar, Manyata and Whitefield form the three corners of Lodha's residential and emerging commercial presence in the city, with Azur representing its stake in the Bannerghatta Road-Electronic City catchment of South Bangalore.
