Akshayanagar, tucked off Bannerghatta Road near Begur and Hulimavu Lake, is where Lodha chose to plant two of its early Bengaluru addresses.
The company entered the Bengaluru market in 2021 and recorded ₹1,400 crore in sales from the city in the previous year, accounting for approximately 2% to 3% of the market share. Bengaluru is transitioning from a pilot market to a significant contributor to overall business growth, with the pilot phase concluding successfully and plans to scale up with multiple project launches. The group has set a long-term goal to capture 15% of Bengaluru's real estate market share by 2030. Akshayanagar, with its lake frontage and Bannerghatta Road address, sits squarely inside that expansion push.
Lodha Azur sits near the Akshayanagar area, next to Hulimavu Lake, offering 3 Bed and 3 Bed with Study residences off Bannerghatta Road. Spread across 10.5 acres, the development features 4 high-rise towers with 500 flats, each with expansive sundecks and views of Hulimavu Lake. Prices start at ₹2.37 crore for 3 Bed residences and ₹2.99 crore for 3 Bed with Study residences. The project carries RERA registration number PRM/KA/RERA/1251/310/PR/220324/006728.
A short distance away, Lodha Bannerghatta occupies a similar footprint. Spread across 10 acres, the project offers 2, 3, 4 and 5 BHK flats sized 800 to 3,500 sq ft, priced from ₹1.04 crore to ₹4.55 crore. Possession is expected by December 2027. Together, the two developments give Lodha a lake-facing, Bannerghatta Road cluster rather than a single isolated project — a pattern consistent with how the group tends to build density within a chosen corridor before moving to the next.
Lodha, formerly known as Macrotech Developers, is an Indian real estate and construction company headquartered in Mumbai, founded in 1980 by Mangal Prabhat Lodha. It has developed residential and commercial properties in Mumbai, Thane, Hyderabad, Pune, Bengaluru and London. Lodha started off building middle-class homes in Mumbai's suburbs before his sons Abhishek and Abhinandan joined the business in 2003 and the firm expanded by picking up prime land parcels. The company listed on the NSE and BSE in April 2021, and in June 2025 the listed entity was formally renamed from Macrotech Developers to Lodha Developers Limited.
Since inception, the company has delivered 110 million square feet of real estate and is developing more than 130 million square feet under its ongoing and planned portfolio. Sales bookings rose to Rs 17,630 crore in the last fiscal, against Rs 14,520 crore the year before, with a target of Rs 21,000 crore set for the current financial year. On credit quality, Crisil Ratings has assigned its Crisil AA/Stable rating to Lodha Developers Limited's non-convertible debentures and reaffirmed its Crisil AA/Stable/CRISIL A1+ ratings on existing debt. ICRA similarly upgraded the company's long-term loan rating to ICRA AA (Stable) in May 2025. For a buyer evaluating a project still under construction, that rating trail — built over successive upgrades rather than a single announcement — is a more useful signal than any marketing claim.
Akshayanagar's relevance to a Lodha buyer rests on three things converging in one corridor: a metro line under final commissioning, an established institutional and healthcare base, and neighbours who have already committed capital to the same address. The Bannerghatta Road metro corridor is a 7.5 km elevated stretch running from Kalena Agrahara to Tavarekere, covering six stations — Kalena Agrahara, Hulimavu, IIM Bangalore, JP Nagar 4th Phase, Jayadeva Hospital, and Tavarekere. The Jayadeva Hospital station functions as an interchange with the Yellow Line, connecting South Bengaluru to Electronic City, Whitefield, and eventually the airport. Civil works on the elevated section are substantially complete, station fitout is in its final stages, BEML delivered the first prototype driverless trainset to BMRCL in December 2025, and mainline type-testing began in January 2026, with six trainsets expected by March 2026.
On the social-infrastructure side, the area's proximity to reputed institutions such as IIM Bangalore and healthcare centres like Fortis Hospital ensures access to quality education and medical facilities. Akshayanagar also offers seamless connectivity to major hubs like BTM Layout, Electronic City, and JP Nagar for daily commuting. The immediate neighbourhood is anchored by the DLF Westend township and House of Hiranandani. Lodha Azur itself is approximately 6.7 km from Electronic City and 9.4 km from Banashankari as straight-line distance.
Akshayanagar's price curve has moved sharply in recent years, tracking the broader Bannerghatta Road corridor rather than lagging it. Property prices in Akshaya Nagar have moved 44.9% in the last one year, 65.3% over three years, and 86.9% over five years. Among the premium societies in the locality, Bannerghatta House of Hiranandani trades around ₹13,000 per sq ft and appreciated 9.7% in the last year alone. Average property rates on Bannerghatta Road overall stood around ₹9,650 per sq ft, with flat rates up 47.3% in the last year and 89.2% over five years. Current property prices in this corridor range from Rs 85 lakh to Rs 4.80 crore, with rental yields hitting a record 4.8% on the back of demand tied to Fortis Hospital and IIM Bangalore.
Abhishek Lodha has stated the company aims to gain an average of 2 percentage points of Bengaluru market share each year, and the group has added new projects across the Mumbai Metropolitan Region, Pune, and Bangalore, moving past its experimental phase into several projects across the city's popular micro-markets. Akshayanagar's two Lodha addresses sit inside that build-out — a corridor picked for its lake frontage, its metro-linked future, and its established institutional neighbours, rather than for being an untested location. With CRISIL and ICRA ratings upgraded to AA, homebuyers get a highly positive financial risk profile, indicating the developer has the capital required to complete projects without stalling. For a buyer weighing Akshayanagar specifically, that combination of area fundamentals and developer balance sheet is the more durable argument than any single amenity list.