Lloyds Realty Developers Expands Portfolio by 170 Acres in Khopoli; Total Holdings Exceed 270 Acres with Rs 5,000 Crore Revenue Potential

Lloyds Enterprises Limited announced a major expansion of its Real Estate portfolio, with its subsidiary, Lloyds Realty Developers Limited (LRDL), signing non-binding Memoranda of Understanding (MoUs) for the joint development of over 170 acres of land in Khopoli.

Strategic Development in Khopoli

Khopoli, located around 70 km from South Mumbai and 40 km from Navi Mumbai, is one of the fastest-growing real estate destinations in western India. Its proximity to the upcoming Navi Mumbai International Airport and seamless connectivity via the Mumbai–Pune Expressway make it a key residential and industrial hub in the expanding Mumbai Metropolitan Region (MMR).

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Under the MoUs, LRDL plans to develop approximately 175 acres into a mix of residential plotted townships, premium housing, and community infrastructure. Around 110 acres are slated for plotted residential communities, while the remaining area will accommodate vertical housing and ancillary facilities. The total developable area across Khopoli projects exceeds 13 million sq ft. LRDL is also exploring additional community infrastructure, including a senior living enclave and a boarding school, aiming to create a self-sustaining ecosystem.

The Khopoli developments are expected to collectively generate revenues exceeding Rs 5,000 crore (approximately USD 600 million) over the next five years, offering strong financial visibility. LRDL will retain majority ownership across both projects.

Portfolio Growth Across MMR

Combined with the previously announced Taloja project, the total land under LRDL’s MoUs now exceeds 270 acres, strengthening the Group’s diversified real estate and infrastructure portfolio. Earlier this year, LRDL had signed an MoU for a 99-acre industrial, warehousing, and Logistics park at Taloja, with an additional 32 acres under aggregation. The Taloja project is being developed as a world-class logistics hub, offering flexibility for data centers, light manufacturing, and warehousing. Land acquisition and regulatory processes are progressing as planned.

Management Commentary

Mr. Rajesh Gupta, Director of Lloyds Enterprises Limited, said the new Khopoli MoUs mark a key step in the Group’s transformation into a diversified, asset-backed growth platform. With over 270 acres of development potential secured, the Group is “well-positioned to capitalize on India’s real estate upcycle and infrastructure momentum.” He added that the projects at Khopoli and Taloja reflect a balanced strategy focused on scale, quality, and value creation, benefiting investors and stakeholders.

LRDL aims to deliver long-term value creation, strengthen its balance sheet, and generate sustainable socio-economic impact through phased execution and prudent capital allocation.

Disclaimer: The article is for informational purposes only and not investment advice.