Lodha plans ₹1,700 crore office project on Golf Course Road, Gurugram

Lodha Developers has announced a commercial office project on Golf Course Road in Sector 28, Gurugram, on 31 October 2026. The project is valued at between ₹1,600 crore and ₹1,700 crore. It is the Mumbai-based developer's first large commercial project in Gurugram and its clearest step into the National Capital Region so far. Golf Course Road has long been one of the city's premium addresses, and the new project adds a large office component to that stretch.

What is known so far

The project has not yet been launched. No name, unit configuration, price band or RERA registration number had been published for the office project at the time of writing. Buyers of office space would mostly be occupiers and investors rather than homebuyers, so the terms that matter most will be lease sizes, rentals and completion timelines, none of which have been announced.

Lodha's entry into the NCR was first announced in December 2025, when the company tied up with MRG Group, a Gurugram-based developer. Under that arrangement, Lodha joins as development and brand partner and shares revenue with the landowner. The company has not said whether the Sector 28 office project falls under that tie-up.

The NCR pilot and the figures

In its second-quarter update, the company said its sales bookings rose 10% to ₹5,037 crore in the quarter, and its revenue from operations rose 17.6% to ₹4,468 crore, against ₹3,798 crore a year earlier. It also said its first Delhi-NCR pilot project would be launched this festive season.

Abhishek Lodha, the company's managing director and chief executive, linked the response to demand for the brand. He said: "The strength of this response reaffirms robust underlying demand for a quality brand like Lodha."

A separate analysis of the company's plans puts its Gurgaon pilot at ₹330 crore, made up of two joint-development projects scheduled to start operations in FY27. The company has not linked that figure with the ₹1,700 crore office project, so readers should treat the two numbers as separate until the company says otherwise.

What it means for the corridor

Golf Course Road's southern end leads into Golf Course Extension Road, which is also called the Southern Peripheral Road. From there, traffic can reach Sohna Road, the Delhi-Mumbai Expressway and the Gurugram-Faridabad Highway. The Rapid Metro line serves the road with stations at Sector 42-43, Sector 53-54 and Sector 55-56, and it links to Sikanderpur, where it meets the Delhi Metro Yellow Line.

Two road projects are planned but no dates have been given. The Gurugram Metropolitan Development Authority plans an underpass at AIT Chowk to ease traffic on Golf Course Road, and an elevated road to the Southern Peripheral Road is proposed to reduce congestion between sectors. A Rapid Metro Phase III extension has also been proposed, again without a date.

Prices on the adjacent Golf Course Extension Road have risen from about ₹8,800 per sq ft in 2019 to over ₹20,000 per sq ft now. That is a different road from Sector 28, so the figure is context for the wider area and not a price for this project. Other large developers, including DLF, Oberoi Realty and Puravankara, are also active in the NCR's high-growth corridors, and the Lodha project will compete for the same occupiers and investors.

What comes next

The next visible step is the festive-season launch of the company's first Delhi-NCR pilot, which the company has not yet dated. The company has also set a target of starting NCR operations in FY27 and has announced a ₹20,000 crore residential pipeline for the second half of the year. For the Sector 28 office project, buyers and occupiers should look for the RERA registration, the approved plan and the price terms before committing any money.