Lodha Developers Limited, formerly known as Macrotech Developers, was founded in 1980 by Mangal Prabhat Lodha and is headquartered in Mumbai. The company's portfolio spans over 40 projects and has delivered more than 60,000 homes, primarily in Mumbai, Thane, Pune, Hyderabad, Bengaluru, and London. Within Pune, the group has chosen Kharadi as one of its most concentrated residential bets — not as an experiment but as a deliberate, sustained expansion into the city's fastest-growing eastern corridor.
The Lodha Group has projects in prominent areas of Pune, including Baner, Wagholi, Hinjewadi, and Kharadi. Of these, Kharadi stands apart in the volume and the price positioning of Lodha's investments. Three distinct residential projects — Lodha Giardino, Lodha Estilo, and the latest, Lodha Camelot — have been planted on or close to Upper Kharadi Main Road over successive years, each building on the brand's recognition in the locality and addressing a slightly different buyer profile within the premium segment.
Kharadi has grown into Pune's premier IT hub with over 11 million sq ft of office space, and this boom is fuelling high demand in Kharadi real estate. With existing developments and commercial campuses from major developers, Kharadi hosts over 11 million sq ft of organised office space, and new IT parks under development will add approximately 11.66 million sq ft more, potentially doubling its capacity and attracting tens of thousands more professionals.
Upper Kharadi Main Road connects Pune Nagar Road to Pune Solapur Road via Kharadi and Hadapsar, and the locality hosts over 100 MNCs across EON IT Park, World Trade Centre, and Commerzone. For a buyer whose daily commute ends at one of these campuses, a Lodha address on Upper Kharadi Main Road is a genuinely short distance from work — something relatively rare in Pune's expanding periphery.
Lodha Camelot Kharadi enjoys excellent connectivity via Nagar Road, Viman Nagar, Wagholi, and Kalyani Nagar, with quick access to Pune International Airport. The upcoming Kharadi Metro Station will further enhance connectivity, making travel to other parts of Pune more convenient. Rentals in Pune grew steadily by 1–2% quarter-on-quarter and 3–5% year-on-year, supported by robust IT/ITeS demand across Hinjewadi, Kharadi, and Nagar Road.
Flat prices in Kharadi, Pune range from ₹8,700–₹13,700 per sq ft, with the average flat rate standing at around ₹10,700 per sq ft. Flat rates in Kharadi changed by 2.9% in the last one year, 36.3% in the last three years, 49.7% in the last five years, and 76.9% in the last ten years. Lodha's projects have historically commanded a premium over this micro-market average, consistent with the brand's positioning across every city it operates in.
With continuous infrastructure upgrades, property prices in Kharadi are appreciating by 8–10% annually, making it one of the best micro-markets for investors and homebuyers alike. A modern 2 BHK flat in Kharadi typically rents for ₹35,000–₹45,000 per month, depending on the project's location, amenities, and furnishing. With constant demand from IT professionals and expatriates, Kharadi offers some of the highest rental yields in Pune's real estate market.
Inspired by the idyllic charm of the English countryside and the legendary Camelot, Lodha Camelot is a sprawling 10-acre sanctuary in Pune's Kharadi neighbourhood. The development offers exclusively spacious 3 and 4-bed homes with horizontal living rooms and large decks, and stands out for its 80% open spaces and terraced landscape design.
The development offers expansive green areas, private gardens, and dedicated spaces like forest play zones and pet parks. The decks offer unobstructed views of the lush landscape gardens and rolling hills. Lodha Camelot Kharadi features a grand clubhouse, pickleball court, paddle court, 3 indoor badminton courts, swimming pools, multi-sport courts covering tennis, mini-football, and padel, kids' play areas, a pet park, and forest bathing zones, alongside an outdoor gym, BBQ areas, and wellness spaces.
The project offers excellent connectivity to key business parks like EON IT Park, World Trade Center, and Phoenix Marketcity, as well as easy access to Pune International Airport, top schools, and healthcare facilities. The location is surrounded by major shopping destinations like Phoenix Marketcity and Amanora Mall, with schools and healthcare facilities including Columbia Asia Hospital also within easy reach.
Lodha Camelot has been registered via MahaRERA registration numbers: PR1260002501386, PR1260002501413, PR1260002501399, PR1260002501398, PR1260002501449, available on the MahaRERA website under registered projects.
Across the three projects Lodha has built in Kharadi, a consistent product philosophy is visible. Each development has prioritised low-density living on multi-acre plots, large format homes rather than compact configurations, and professional hospitality management layered on top of the physical amenity package.
Lodha Estilo offered limited 3 and 4-bed residences in wooded greens, with 5-star hospitality services, three towers standing 27 storeys high, and a grand clubhouse extending over 12,000 sq ft. Designed by Sitetectonix, landscape artists from Singapore, it was embedded with lawns and pavilions dedicated to work and play. That project set the precedent — landscape-first, low unit-per-floor count, curated amenities — that Lodha Camelot continues.
Lodha Giardino, with over 1,000 trees of different species, swimming pools, a kids' play village, a serene temple, and outdoor work-from-home spaces, was designed to provide a multitude of experiences across its 5.5-acre expanse. Top business parks in Pune like EON IT Park, WTC, Zensar, and Commerzone are a 10-minute drive from Lodha Giardino. Each successive Lodha project in the locality has increased in scale and site area, a signal of growing confidence in Kharadi as a long-term residential address.
The family-oriented, professional buyer that Lodha targets in Kharadi finds most daily requirements already in place. Schools in Kharadi, including Podar International, Euro School, and DP International, are close by, as are hospitals like EON Hospital, Motherhood Hospital, and Manipal Hospital. The vicinity also features supermarkets and retail stores, and is close to Phoenix Mall in Viman Nagar, Amanora Mall, and Seasons Mall in Magarpatta.
Residential demand in this part of Pune has remained strong, mainly because many professionals working in East Pune prefer living closer to office hubs rather than commuting daily from older parts of the city. What makes Lodha Camelot different from many outer-edge residential projects is that it sits within an already active employment corridor rather than a purely future-growth location. That distinction matters for resale liquidity and rental demand, both of which Lodha buyers in Kharadi have benefited from across earlier projects.
The company was listed as Macrotech Developers on 19 April 2021 and was renamed Lodha Developers Limited on 16 June 2025. In 2021, Macrotech Developers made its debut on the BSE and NSE through an IPO that raised approximately ₹2,500 crore, which was subscribed 27 times, indicating substantial investor interest. Public listing brings quarterly disclosure obligations that offer buyers a degree of transparency beyond what MahaRERA registration alone provides.
As of March 2023, Macrotech Developers had delivered over 35 million square feet of real estate, with a focus on affordable and premium housing segments. The company is also credited with developing Palava, an integrated smart city in Dombivali near Mumbai. These are verifiable delivery benchmarks, not claims, and they inform a Kharadi buyer's confidence in Lodha's ability to hand over a completed project.
