Joint Venture18 Oct 2025, 06:01 pm
Lloyds Enterprises' Subsidiary Lloyds Realty Developers Signs MoUs for Over 170 Acres at Khopoli with Revenue Potential Exceeding X5,000 Crores
AI Summary
Lloyds Enterprises Limited (LEL) announced that its subsidiary, Lloyds Realty Developers Limited (LRDL), has entered non-binding Memorandum of Understanding (MoUs) for the joint development of over 170 acres of land at Khopoli, one of the fastest-growing real estate destinations in western India. These developments, together with the Taloja project, take the total area under the three MoUs to over 270 acres, significantly strengthening the Group’s diversified real estate and infrastructure portfolio. The Khopoli developments are expected to collectively generate revenues exceeding X5,000 crores over the next five years.
Key Highlights
- Lloyds Realty Developers Limited has signed MoUs for the joint development of over 170 acres of land at Khopoli.
- The combined land area covered under the two Khopoli projects now exceeds 170 acres.
- LRDL plans to develop approximately 110 acres into plotted residential communities, with the balance earmarked for vertical housing and ancillary facilities.
- The total developable potential exceeds 13 million sq. ft.
- The Khopoli developments are expected to collectively generate revenues exceeding X5,000 crores over the next five years.