Lodha — formally Lodha Developers Limited, headquartered in Mumbai — has been active in Indian real estate since 1980, when Mangal Prabhat Lodha founded the company. Over four-plus decades it has developed more than 85 million square feet of properties, with the bulk of that work concentrated in the Mumbai Metropolitan Region. Its residential and commercial footprint now extends across Mumbai, Thane, Hyderabad, Pune, Bengaluru, and London, with flagship projects including Lodha Altamount, Lodha World Towers, and Lodha Park. The company is also credited with developing Palava, an integrated smart city in Dombivali near Mumbai.
As of FY 2024, Lodha runs approximately 40 operating projects spanning luxury, premium, mid-income, and affordable segments, with roughly 60 percent of revenue coming from the affordable and mid-income categories. That breadth of product — from South Mumbai penthouses to township apartments in Dombivali — gives the developer an unusual ability to read a micro-market and pitch at precisely the right product tier. In Kanjurmarg West, the pitch is a seven-acre Art Deco estate called Lodha Corinthia.
Lodha Corinthia on LBS Marg, Kanjurmarg West, is a 7-acre estate offering 2, 3, and 4 BHK homes across a G+4P+43 storey elevation, with over 4 acres retained as open greens. The estate is laid out across 6 towers, each rising Ground plus 44 floors.
Configurations run from 2 BHK and 2.5 BHK through to 3 BHK, 3.5 BHK, and Penthouse options. The 2 BHK starts at carpet areas of 780–804 sq. ft., priced from ₹1.99 Cr onwards. The 2.5 BHK, at 890 sq. ft., is priced from ₹2.33 Cr onwards. 3 BHK homes with grand decks start at ₹2.89 Cr onwards. Possession is scheduled from June 2030.
The architecture draws on the Golden Age of Art Deco: the façade patterning references the verdant surroundings, and each lobby is designed for natural air circulation, giving residents a sense of openness from the entrance upwards. Residences carry grand decks and tall windows oriented toward Vihar Lake, Powai Lake, and the Yeoor Hills.
A private 4-acre dense forest sits within the estate boundary — an unusual ecological asset for a central Mumbai project of this density. Club Corinthia, the onsite clubhouse, spans over 45,000 sq. ft. of facilities.
The project holds RERA registrations PR1180002400044 and PR1180002400022.
Lodha's site selection on LBS Marg is not accidental. LBS Marg functions as the north–south spine of Mumbai's central suburbs, connecting Kanjurmarg directly to Thane, Ghatkopar, Kurla, and South Mumbai, while also feeding into the Eastern Express Highway. For a developer whose other central-Mumbai addresses include projects in Wadala and Vikhroli, a seven-acre land parcel directly on LBS Marg represents a rare opportunity to plant a large-format estate in a corridor that is still mid-cycle in its price appreciation.
Kanjurmarg West is the more developed and premium half of the Kanjurmarg micro-market, where established builders such as K Raheja, Sheth, and Runwal already have a presence. As Powai reaches saturation in both available space and pricing, Kanjurmarg has emerged as the logical next node, offering comparable infrastructure at a more accessible price point. Lodha's entry with a 6-tower, 43-storey estate signals the same conviction.
The transport case for Kanjurmarg West has changed materially in the last two years and is set to change again before Lodha Corinthia reaches possession in 2030.
Kanjurmarg will ultimately be served by Metro Lines 4, 6, and 14, offering expanded connectivity across Mumbai, Thane, and extended suburbs. This positions Kanjurmarg as a multimodal transit interchange — a rarity within the MMR.
For a Lodha Corinthia resident, the daily-use ecosystem is already in place. The location offers proximity to business hubs in Powai and BKC, hospitals including Fortis and Hiranandani, and retail centres including R-City and Phoenix Marketcity. Bhandup Railway Station is 800 m from the site, DMart is 1.5 km away, and Fortis Hospital is 3.5 km away. Dr. L H Hiranandani Hospital, one of Mumbai's larger tertiary-care facilities, is 4.4 km from the project.
Proximity to IIT Bombay and several international schools in the Powai belt makes the corridor a draw for academic professionals and families. Vikhroli, Kanjurmarg, and Powai have together emerged as a new tech-finance corridor, offering modern commercial amenities at rates more competitive than the Island City. That commercial density sustains the rental demand that makes Lodha Corinthia relevant equally to owner-occupiers and investors.
Average property rates in Kanjurmarg West currently stand at approximately ₹27,250 per sq. ft. based on listings data. The average actual transaction rate recorded by Maharashtra government registrations is ₹23,118 per sq. ft. Over a five-year horizon, flat rates in Kanjurmarg West have appreciated 18.5 percent.
Housing.com data for Kanjurmarg West puts the average at ₹20,407 per sq. ft., recording a 9.25 percent year-on-year rise, with the range extending from ₹14,740 to ₹31,770 per sq. ft. Lodha Corinthia's entry pricing — from ₹1.99 Cr for a 780 sq. ft. 2 BHK — implies a per sq. ft. rate broadly aligned with the premium end of the current market, consistent with Lodha's positioning across other MMR micro-markets where it enters a corridor and sets a new product benchmark.
The average rental yield in Kanjurmarg West is 4 percent. 3 BHK rentals in the locality currently run at ₹80,000–1.1 lakh per month depending on build quality and floor.
A buyer evaluating Lodha Corinthia is also buying into the developer's delivery record across the region. Lodha Group has launched over 164 residential projects and has about 85 ongoing ones, with over 35 million sq. ft. delivered across approximately 30 projects in and around Mumbai — from Napean Sea Road to Dombivali. The company listed on BSE and NSE in April 2021, raising approximately ₹2,500 crore in an IPO that was subscribed 27 times. Its central-Mumbai portfolio includes Lodha Aurum Grande in Kanjurmarg East, alongside Lodha Celestia and Lodha Imperia in the broader Central Mumbai suburbs.
Kanjurmarg West represents Lodha's most prominent land-holding in the Bhandup–Kanjurmarg corridor to date. The project's location in this rapidly transforming corridor, combined with incoming Metro Line 4 infrastructure, positions it within a segment that independent analysts identify as a capital appreciation play for the second half of the decade.
