The company stated Solidrise Realty will become a subsidiary after the transaction is completed.
By Arosh John, Founder, John Real Estate (MahaRERA Reg. No. A51700001835) | Editor-in-Chief, Thane Real Estate News (TREN)
Thane | 16 February 2026
Lodha Developers Limited stated it has agreed to acquire an 80% equity stake in Solidrise Realty Pvt. Ltd. (SRPL) for ₹294.07 crore, as per a regulatory disclosure. The company has entered into a share purchase agreement for the transaction.
The announcement comes soon after Lodha reported its Q3 FY26 performance, where consolidated net profit rose to ₹956.9 crore, indicating it is adding new business development opportunities from a position of operating stability.
Lodha stated that, after completion, SRPL will become a subsidiary of Lodha Developers. SRPL is engaged in the real estate business in Pune, and the acquisition has been positioned as Lodha’s move to expand into the Pune market.
Market Insight: Pune has moved from being an “adjacent market” to a primary expansion city for several MMR-based Tier-1 developers. Solidrise Realty’s 2025 incorporation indicates it is a relatively new platform—often created to ring-fence a specific project or land parcel. For a large developer, acquiring a majority stake in such a vehicle can shorten the entry runway versus building a Pune pipeline from scratch—subject to customary title, approvals, and execution checks.
Transaction Snapshot
- Buyer: Lodha Developers Limited
- Target: Solidrise Realty Pvt. Ltd. (SRPL)
- Equity Stake: 80%
- Consideration: ₹294.07 crore
- Status: Agreement executed; completion pending
- Post-completion: SRPL to become a subsidiary
Also READ: Lodha Khopoli: Developer’s Next Footprint on the Mumbai–Pune Growth Corridor
About The Author
Arosh John is the Founder of John Real Estate (MahaRERA Reg. No. A51700001835) and Editor-in-Chief of Thane Real Estate News (TREN). With over a decade of on-ground advisory experience across Thane’s residential, luxury, villa, resale, and NRI segments, he tracks developer strategy and capital allocation across MMR—translating regulatory disclosures and transaction signals into practical, market-ready intelligence for homebuyers and investors.
Disclaimer
This report is for information purposes only and is based on publicly available disclosures and reportage. It does not constitute investment, legal, or financial advice.
