Questions across 4 calls

Kunal Tayal

Bank of America

Lodha Developers Limited

Lodha Developers Limited CC-Apr26.pdf · 2026-04-27

A couple of questions from me. First one, Abhishek, given the accretion that you are expecting in value of the data center park land, just curious as to what were the puts and takes you were looking at in terms of developing your own data center as opposed to just monetizing it by way of selling the land. From the outside, it seems like it's a strategic call of creating an asset versus maximizing profitability. So, is that the right read?

I understand. Got it. On the residential business, you're, of course, exiting F Y’26 with a lot of inventory. And I do understand that's about the reason why you're also saying that the pressure on business development next couple of years will be low, and therefore, they should moderate. But that apart, do you also think it's part of the cycle where carrying more inventory makes sense because the percentage conversion might be lower than earlier?

Lodha Developers Limited CC-Feb26.pdf · 2026-01-29

A couple of questions from me. First one, Abhishek, an often-asked question these days has been that as you're looking at some cool off in the pace of price increase in the sector, but the land values have probably stayed stubborn...

Am I audible now?

Lodha Developers Limited CC-Sep24.pdf · 2024-10-28

Abhishek, I wanted to follow up with 1 or 2 more questions on the data center business. Firstly, I think at a big-picture level, of course, I und erstand that both power and location, which has access to sea cables, is very important here. But other than that, if you could just highlight a few factors that worked in your favor towards clinching this particular deal? And the associated question is, it's great to h ear that you're now looking at the capital values going up from INR 12.5 crores towards INR 20 crores. Should we think of this as now that you have the first data center and probably a line of sight to more, it aids in more accretion of certain kind of infrastructure or other sort of pluses to that land parcel that were not visible to prospective buyers earlier?

I understand. Okay. Good to know. And just one quick follow-up on the residential side of the business, Abhishek, if you could sort of share your views on what trends you are seeing around land prices in Mumbai. And is any of that sort of posing any bit of challenge to a 6% to 7% pricing escalation for yourself or still all within comfortable levels?

Lodha Developers Limited CC-Jun24.pdf · 2024-07-31

Abhishek, my first question is on the diversificat ion strategy. If I could ask what have been your sort of key observations from the Bangalore pilot and do es it lead you to a conclusion that geographical diversification is absolutely worthy, and what are some of the typical risks that need to be actively managed as part of the strategy?

And then just a quick follow up on the rest of FY’ 25. How are you thinking about business development for the remainder of nine months? I know you said in your opening comments that the pipeline is generally strong. And then just on the matter of detail part of it, are you breaking out how much could land sales contribute to the annual target?