India, July 3 -- Another Mumbai-based developer, Lodha Developers, is set to enter the Gurugram residential market, with plans to launch its first project either by the end of the current financial year or in the first quarter of the next fiscal, said Abhishek Lodha, the company's CEO and MD.

"Our approach in Delhi-NCR is the same pilot-and-scale model that we successfully adopted in Bengaluru and Pune," Lodha said during the company's earnings call for Q4FY26 in April 2026.

According to him, construction is expected to begin next quarter, with the project likely to launch in the fourth quarter of the current fiscal year or early in the next financial year.

"We have not included the potential two launches in NCR in this launch guidance...