Lodha, headquartered in Mumbai and built up over four and a half decades since Mangal Prabhat Lodha started the business in 1980, runs two distinct residential developments in Hinjewadi Phase 1: Lodha Magnus and Lodha Panache. Both sit within the Hinjawadi Rajiv Gandhi Infotech Park precinct, near Blue Ridge Town, in the oldest and most built-out of Hinjewadi's three IT phases. Lodha Magnus is situated in Hinjawadi Rajiv Gandhi Infotech Park, Phase 1, near Blue Ridge Town, Pune, within the Pimpri-Chinchwad area, while Panache carries its own address a short distance away, near Blue Ridge Public School, Hinjewadi Phase 1, with Infosys Circle 1.5 km and the Mumbai-Bangalore Highway 3.5 km away.
The two projects are not variations on the same brief. According to a recent independent review of the Hinjewadi market, Magnus is deliberately different from Panache — Lodha's other Hinjewadi project. Where Panache offers campus scale with 15 acres, mass amenity and outdoor workspaces, Magnus offers boutique-format living with fewer units, larger apartments and curated amenities such as a yoga deck, mini-theatre and boutique pool. The same review notes these are different products for different buyer personalities, not competing projects, and that a buyer optimising specifically for larger living space within Lodha's Hinjewadi portfolio would find Magnus the more direct fit.
Lodha Magnus is designed around 3 BHK and 4 BHK residences, with architecture credited to world-renowned architects like Hafeez Contractor, Studio HBA, and Prabhakar B Bhagwat. Carpet areas are quoted in the 1,388–1,942 sq ft band, and the project carries a 15,000 sq ft clubhouse along with what is marketed as a pioneering addition to Hinjewadi, the Sky Bar & Terrace, offering a serene ambiance and captivating vistas. Listed pricing across brokerage sources for Magnus has been quoted in the roughly ₹2.2 crore to ₹3.5 crore band for 3 and 4 BHK configurations, with a MahaRERA registration of P52100054113 and a possession date scheduled for June 2027.
Panache, by contrast, is built at a larger scale. It spans 12 acres with eight towers and 800 units, with unit sizes ranging from 2 BHK at 864–883 sq ft to 3 BHK at 1,133 sq ft and 4 BHK at 1,754 sq ft, and listed pricing from roughly Rs. 1.1 crore to Rs. 2.3 crore. Its amenity list runs to a 20,000 sq ft clubhouse, terrace pool, gymnasium and multiple sports courts, and the project sits close to established employers including Blue Ridge Public School, Mahindra International School, Cognizant, and Wipro. Panache carries MahaRERA registration P52100050124.
Hinjewadi's IT park is split across three sequenced phases, and Phase 1 is structurally the senior one. It is the oldest and most densely built section of the park, located closest to the old Hinjewadi village and the Mumbai-Pune Expressway entry point. That vintage translates into a pricing gap: the same market review found that Phase 1 has the best social infrastructure of Hinjewadi's three phases and commands a 10–15% premium over Phase 2 and Phase 3 for this reason, calling this a structural advantage that will persist at resale. Advisory guidance for the wider Rajiv Gandhi Infotech Park corridor similarly points out that buying within 5 km of the park entry gates in Phase 1 or 2 gives the strongest rental demand and liquidity, a factor relevant to both Magnus and Panache given their location squarely inside that radius.
The other change underway is transit. Pune Metro Line 3, the Hinjewadi–Shivajinagar corridor, is a 23 km fully elevated line built under a public-private partnership, connecting the Phase 3 terminus all the way to Shivajinagar Civil Court. Once running, the line is expected to cut the Hinjewadi-to-Shivajinagar commute from 90-120 minutes by road to roughly 40-45 minutes by metro. Market data already reflects that shift: residential rates in Hinjewadi were up roughly 20% year-on-year in 2025, and homes within 1-2 km of metro stations moved up 15-25%. Both Magnus and Panache sit within that catchment.
The employment base underpinning this demand is sizeable and long-established. Rajiv Gandhi Infotech Park has grown from Infosys's original plot in the late 1990s into a precinct of 2,800 acres across three phases and 800+ companies including TCS, Wipro, Cognizant and Tech Mahindra, with about 4.5 lakh people commuting in on a working day.
Lodha's Hinjewadi footprint sits alongside a different kind of Pune project altogether: The Reserve at Lodha Belmondo, an expressway township near Gahunje built around a 100-acre riverside luxury resort with 90 acres of open greens and a 45-acre, 9-hole golf course designed by golf legend Greg Norman. The contrast is instructive — Belmondo is a weekend-resort-style low-rise township on the Mumbai-Pune Expressway, while Magnus and Panache are high-rise, IT-corridor addresses built for daily commuting life inside Hinjewadi Phase 1. Together they illustrate the range Lodha operates across in a single city.
At the group level, Lodha was founded in 1980 by Mangal Prabhat Lodha and has developed residential and commercial properties in Mumbai, Thane, Hyderabad, Pune, Bengaluru and London. Its better-known Mumbai portfolio includes Lodha Altamount, Lodha World Towers, Lodha Bellissimo, Trump Tower Mumbai and Lodha Park. The listed entity behind the brand, formerly Macrotech Developers, changed its name to Lodha Developers Limited in June 2025, and its current portfolio runs to approximately forty projects across the Mumbai Metropolitan Region, Pune, and Bengaluru. That scale is what underwrites two simultaneous, differently-positioned launches inside a single locality like Hinjewadi Phase 1 — a boutique low-density tower in Magnus and a larger campus-format community in Panache — rather than a single one-size offering.
