INVC NEWS
Mumbai : The Lohia Global, a renowned business conglomerate boasting a rich legacy spanning 44 years in diverse sectors including exports, manufacturing, and energy, has unveiled its ambitious foray into the dynamic realm of Indian real estate. With the launch of LOHIA WORLDSPACE, the brainchild of visionary leader Pyush Lohia, an esteemed alumnus of Arizona State University, the group is poised to revolutionize the landscape of residential and commercial development in the country.
Visionary Leadership Driving Innovation
Under the astute guidance of Pyush Lohia, Lohia Worldspace is committed to pioneering innovative and sustainable projects that redefine living standards and community development. With a steadfast focus on leveraging their extensive expertise garnered across multiple industries, the company aims to set new benchmarks in the realm of real estate.
Addressing the Evolving Needs of Urban India
Recognizing the burgeoning demand for modern and high-quality housing in India’s urban centers and tier 2 markets, Pyush Lohia emphasizes the strategic decision to initially concentrate on projects in Tier 2 cities. This strategic approach will be followed by expansion into the National Capital Region (NCR), catering to the discerning preferences of the urban populace.
Strategic Development Initiatives
With an ambitious roadmap in place, Lohia Global is poised to embark on the development of five residential projects spanning a colossal 30 lakh square feet over the next five years. The inaugural project in Moradabad, strategically chosen due to its robust market potential and association with the Lohia group, will epitomize luxury living at its finest.
Commitment to Growth and Development
With a substantial investment of Rs. 1000 crores earmarked for projects across Moradabad, Lucknow, and Delhi NCR, Lohia Global is steadfast in its commitment to catalyzing growth and contributing meaningfully to India’s developmental narrative. The company’s holistic approach encompasses the creation of state-of-the-art residential enclaves that seamlessly blend luxury, sustainability, and community-centric design principles.
Capitalizing on Opportunities in India’s Real Estate Market
Bolstered by India’s thriving real estate sector, Lohia Global is strategically positioned to capitalize on the myriad opportunities presented by the burgeoning market. Leveraging its extensive land bank and formidable resources, the company is primed to emerge as a pioneering force in the realm of real estate development.
Anticipated Growth Trajectory
With a robust foundation rooted in diverse business segments and current revenues exceeding Rs. 1200 crores, Lohia Global anticipates a 30% year-on-year growth trajectory following its foray into real estate. Projections indicate that the cumulative revenue generated from the real estate venture is slated to reach an impressive Rs. 4000 crores by 2030, thereby constituting a substantial proportion of the group’s overall revenue.
