Lodha acquires Chaitanya Bilva to boost presence in tier 1 cities

Macrotech Developers, operating as Lodha Developers Limited, has completed the acquisition of a 100% equity stake in Chaitanya Bilva Private Limited (CBPL) on October 13, 2025. This strategic move makes CBPL a wholly-owned subsidiary of Lodha, enhancing its presence in key Tier 1 cities through an inorganic growth strategy.

The acquisition involved a cash consideration of ₹499.61 crore. CBPL, incorporated on November 17, 2021, is engaged in real estate development and construction, owning an approximately 8.37-acre land parcel in Bengaluru. As of March 31, 2025, CBPL reported a net worth of ₹13.10 crore.

CBPL has not yet commenced business operations, resulting in a nil turnover for the past three years. The acquisition does not involve any related party transactions, and no governmental or regulatory approvals were required.