In mid-December 2025, Macrotech Developers — the listed entity behind the Lodha brand — signed a Joint Development Agreement with Gurugram-based MRG Group to build two projects in the city, ending a decade of the developer staying out of Delhi-NCR. One of the two developments targets Golf Course Extension Road across Sectors 63A, 65, 66 and 67, positioned as an ultra-luxury project with nearby schools including DPS International and The Shriram Millennium School, and hospitals including CK Birla Hospital and Artemis, making this a socially mature address. The Sector 61-67 belt of Golf Course Extension Road is therefore the specific micro-market where Lodha has chosen to make its first residential move in North India.
The structure of the deal matters as much as its location. Rather than paying peak prices for outright land acquisition, which would squeeze margins, Lodha is entering as a development and brand partner, sharing revenue with the landowner. Global consultancy Cushman & Wakefield advised MRG Group on the transaction, and the two firms will jointly execute a Golf Course Extension Road project described as sitting in the ultra-luxury segment, with seven-star amenities and a full-scale clubhouse.
Golf Course Extension Road runs roughly 8.5 kilometres from Golf Course Road to Sohna Road, and Sectors 63A, 65, 66 and 67 sit at its most active end. The road has been widened to eight lanes, with a new underpass under construction near the Sohna Road intersection, and property prices are up roughly 130 percent over the last five years. Within that stretch, this exact set of sectors is where demand is currently concentrated: Sectors 63A, 65, 66, and 67 are drawing the strongest interest from HNI, NRI, and senior corporate buyers. That is the buyer profile Lodha's national brand is built to reach, and it explains why the group chose this corridor over the many other options across Gurugram's newer sectors.
The developer roster already active on this stretch gives a sense of the company Lodha is entering into. DLF, M3M, Elan, Birla Estates, Tata Realty, Mahindra Homes, Adani Realty, and Emaar all have live projects on this stretch. The rise of GCER as a premium address is largely credited to the entry of branded residential projects by top developers like M3M, Emaar, Tata Housing, IREO, and Smart World, which have positioned it as a luxury destination. A national developer with a 45-year Mumbai pedigree slotting into that list is a signal the corridor's institutional character is deepening rather than plateauing.
The numbers explain why timing is part of the pitch. The micro-market recorded a 379% year-on-year rise in transaction value between 2024 and 2025, increasing from Rs.693 crore to Rs.3,319 crore, while the weighted average property price climbed sharply from Rs.24,855 per sq.ft. to Rs.37,899 per sq.ft. Within this range, Sector 66 has recorded a 112% rise in prices, underscoring the rapid appreciation across the corridor. Other trackers place the current average closer to ₹18,887 per Sq.Ft. in Q1 2026, while premium properties sold for over ₹22,821 per Sq.Ft. — the spread between these figures reflects how much a recognised brand name can move the ceiling within the same sectors. For a Lodha buyer, this is the underlying arithmetic: entering a corridor where branded supply already commands a premium over the area average.
The case for Sectors 61-67 rests on access as much as address. The connectivity of this belt is unique due to proximity to Golf Course Road, Sohna Road, NH48, Dwarka Expressway, Cyber City, Udyog Vihar, IGI Airport, and South Delhi, while also benefiting from metro expansion and SPR upgrades. On the transit side, the 64 km Namo Bharat Regional Rapid Transit System is planned to connect with a proposed metro line between Golf Course Extension Road and Sector 5. A separate metro extension is also on the horizon: the Blue Line Metro extension from Dwarka Sector 21 into GCER's Sector 55-65 belt is confirmed for 2026-27, a catalyst that has historically pushed 15 to 20 percent appreciation in NCR corridors post-announcement. Sector 65 sits inside that stated extension zone, which is a relevant detail for anyone evaluating a long-hold purchase in a Lodha project here.
Lodha's decision to enter Gurgaon through a JDA rather than a standalone launch is consistent with how the group has scaled elsewhere. Established in the 1980s, the group is among India's largest real estate developers with over 85 million square feet of developed properties, mostly within the Mumbai Metropolitan Region. Growth outside its home market has followed a deliberate, staged pattern — it entered the Bengaluru market in November 2023 before scaling that presence, and by 2024-25, Lodha Group's Bengaluru operations had moved beyond an initial pilot phase and reported around ₹1,400 crore in pre-sales from the city. The company's overall scale gives context to what a Gurgaon entry represents for it financially: FY25 results showed a 71% increase in net profit to ₹27.70 billion and a 34% rise in revenue to ₹137.80 billion, with pre-sales growing by 21% to ₹176.30 billion. Against that base, the December 2025 Gurgaon entry through MRG Group carries a reported revenue potential of ₹3,600 crore — a meaningful but calculated addition to the group's pipeline, not a stretch acquisition.
For anyone tracking Lodha specifically in this part of Gurgaon, the essential facts are narrow but firm: one confirmed project targeting the Golf Course Extension Road stretch across Sectors 63A, 65, 66 and 67, structured as a joint development with MRG Group, positioned in the ultra-luxury bracket. Exact tower count, unit configurations, and pricing have not been made public and should not be assumed ahead of an official launch. What is established is the location logic — a corridor where branded developers already trade at a premium to the area average, where road widening and underpass work are underway, and where two separate transit upgrades are on the near-term horizon. That is the combination Lodha is buying into with its first Gurgaon address.