Lohia Worldspace, a real estate firm, will invest approximately ₹200 crore to develop a 10-acre residential project in Moradabad, Uttar Pradesh, marking its entry into the real estate sector.
This debut project will feature 175 luxury villas, signaling the company’s entry into high-end housing.
Lohia Worldspace serves as the real estate arm of Delhi-based Lohia Global, a diversified private enterprise with an annual turnover of around ₹1,200 crore.
Founded in 1979, Lohia Global operates across four key sectors—handicraft exports, electric vehicles, tiles, and solar energy. Now, in a strategic move, the group has ventured into real estate to unlock value from its 200-acre land bank spread across various cities in North India.
“Our vision with Lohia Worldspace is to create homes that are modern, meaningful, and rooted in thoughtful design,” said Pyush Lohia, Director, Lohia Worldspace. The project cost is estimated at Rs 200 crore and expected to be delivered by 2029.
Pyush stated that Moradabad is witnessing strong demand for premium homes, making it an ideal location for their debut housing project.
Last year, Lohia Global announced its entry into the real estate sector, outlining plans to invest ₹1,000 crore over the next five years to develop residential and commercial projects across India.
These developments will largely come up on high-value land parcels already owned by the group, enabling efficient use of its existing assets.
“Moradabad isn’t just where we begin. It’s where our roots are. We are proud to invest in the city’s future by offering something that uplifts its people, infrastructure, and aspirations,” said Pyush.
He mentioned that the company plans to launch additional projects in Moradabad in the coming years and is also preparing to enter the Delhi real estate market, signaling an ambitious expansion strategy for Lohia Worldspace.
