Lodha Developers acquires Bengaluru land holding firm for ₹499.61 crore
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Lodha Developers completed the acquisition of 100% of Chaitanya Bilva Private Limited for ₹499.61 crore in cash on October 13, 2025. CBPL is now a wholly owned subsidiary and owns about 8.37 acres of land in a prime Bengaluru location. As of March 31, 2025, CBPL had net worth of ₹13.10 crore, no turnover and no business operations in the last three years. The purchase supports Lodha's planned growth in Tier 1 cities.
The deal adds Bengaluru land for future projects, but uses ₹500 crore of cash and carries execution risk as the target has not started operations.