Real estate demand to remain buoyant in India, says Abhinandan Lodha

Lodha firm targets Rs 2,400 cr revenue in FY25

Demand for real estate, especially plotted land in India, will see a sharp rise as government investment in new roads, highways, and airports is encouraging developers and customers to invest in remote cities, said Abhinandan Lodha, Chairman of The House of Abhinandan Lodha.

As demand rises, the company, which is sitting on 700 acres of land for plotted development, is expected to end the current financial year (FY25) with a growth of 40 per cent on a year-on-year (Y-o-Y) basis with revenues of Rs 2,400 crore and earnings before interest, tax, depreciation and amortisation (Ebitda) of Rs 1,300 crore.  Since 2021,