Founded in 1980 by Mangal Prabhat Lodha, the company has grown into India's most prominent real estate developer, with its reputation built through large-scale developments particularly in Mumbai and the wider MMR region. Operating today as listed entity Macrotech Developers, the group's move into Delhi-NCR marks its first meaningful footprint outside its historical west-India and, more recently, Bengaluru and Pune markets. New Gurgaon — the belt of sectors that grew up along NH-8/NH-48 roughly between Sector 76 and Sector 95, and which in market usage often extends into the adjoining Dwarka Expressway sectors up to 113 — is where that footprint is taking shape.
Mumbai-based Macrotech Developers formally announced its entry into the Delhi-NCR housing and commercial property market in mid-December 2025, through Gurugram-based land partner MRG Group. The two developers structured a Joint Development Agreement covering one project on the Dwarka Expressway corridor targeting premium high-rise towers in Sectors 100 to 110, and a second on Golf Course Extension Road positioned in the ultra-luxury segment with 7-star amenities and a full-scale clubhouse. The combined revenue potential of the two projects exceeds Rs 3,600 crore. The Dwarka Expressway parcel sits directly against the sectors that anchor New Gurgaon's northern and western expansion, which is why the locality is relevant to anyone tracking where Lodha is headed in this city, even before an independent New Gurgaon-specific launch is confirmed.
Abhishek Lodha, CEO of Lodha Group, has said the company's approach in Delhi-NCR mirrors the same pilot-and-scale model it used successfully in Bengaluru and Pune. That pattern — a calculated first project followed by scaled-up follow-through — points to New Gurgaon and its Dwarka Expressway extension as a genuine testing ground rather than a one-off. What sets Lodha apart from many entrants is that it develops planned communities rather than standalone towers, a model that fits the large, contiguous land parcels still available in New Gurgaon's outer sectors more readily than it would in Gurgaon's built-out core.
New Gurgaon has developed as a well-connected area with access to major road networks, including NH-48, the Kundli–Manesar–Palwal (KMP) Expressway, and the Dwarka Expressway, and is located within accessible distance of Indira Gandhi International Airport and is supported by nearby railway infrastructure. On the demand side, Gurgaon is home to more than 250 Fortune 500 companies, top IT hubs, and global enterprises, and this creates continuous housing demand in sectors like 66, 70A, 76, 103, 106, and especially along the Dwarka Expressway real estate belt. For a developer entering NCR for the first time, this combination of employment density and expressway access is exactly the kind of demand base that supports a phased, multi-project rollout.
The sectors bordering New Gurgaon on the Dwarka Expressway side have shown some of the sharpest appreciation in Gurgaon over the past three years. Property trends in Sector 109 show average rates at ₹12,732 per sq ft, reflecting a 6.7% annual rise, and in the last three years, prices soared by 73.8%. More broadly, Dwarka Expressway property rates generally range between ₹9,000 and ₹16,000 per sq. ft., depending on the sector and type of project, while the core New Gurgaon sectors have historically traded at a discount to this. On the luxury side specifically, Gurgaon accounted for 91% of NCR's ₹5 crore-plus home sales in 2025, a segment where Lodha's Golf Course Extension Road project is pitched and where any future New Gurgaon-adjacent launch would likely compete.
Lodha is not the first major outside developer to use this corridor as an entry point — Prestige Group has also taken a large Sector 109 land parcel around the same period — which underscores that the Dwarka Expressway and New Gurgaon belt is currently where national developers are choosing to establish their first Gurgaon address. For a buyer specifically tracking Lodha, the practical takeaway is that the group's declared Gurgaon strategy already touches the sectors bordering New Gurgaon, its stated model is incremental rather than one-shot, and its construction and launch timeline for the first Dwarka Expressway tower is expected to firm up as FY27 approaches.