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By Hariharan U
Published on December 18, 2025
Lodha Group has officially made its debut in the Delhi NCR real estate market through a strategic collaboration with MRG Group, one of Gurugram’s leading real estate developers. The partnership will focus on the development of two marquee projects located in prime, upscale corridors of Gurugram.
The joint development carries a combined revenue potential of over ₹3,600 crore and aims to set new benchmarks in premium residential and commercial real estate in the region. The projects are expected to cater to the growing demand for high-quality, thoughtfully designed spaces in NCR. Cushman & Wakefield acted as advisors to MRG Group for this transaction.
Speaking on the collaboration, Rajjath Goel, Managing Director, MRG Group, said, “We are excited to join hands with Lodha Group. Lodha brings a legacy of trust, design excellence, and an unwavering commitment to quality, and is poised to address a significant gap in NCR for high-quality living. This also showcases our confidence in Gurugram’s continued strength as India’s most aspirational real estate market.”
The partnership combines Lodha Group’s proven expertise in developing large-scale premium projects with MRG Group’s strong regional presence and deep understanding of the Gurugram market. Together, the two developers aim to create future-ready developments aligned with evolving urban lifestyles.
With this collaboration, Lodha Group marks a significant expansion beyond its established markets, while MRG Group strengthens its real estate portfolio through a partnership focused on long-term value creation and design-led development.
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