Gurugram: Lodha details 4 lakh sq ft Sector 28 office plan

GURUGRAM: Lodha Developers has detailed a 4 lakh sq ft office project on Golf Course Road in Sector 28, with company comments reported on Sunday, November 1, 2026 describing 27 floors and an estimated project cost of Rs 1,100-1,200 crore. The development, marketed as Lodha Pantheon, is aimed at businesses buying office space and forms part of the company's entry into the Delhi NCR market.

Sushil Kumar Modi, the company's finance director, said the offices would be sold rather than retained for recurring rental income. The company's official project page confirms the Golf Course Road location and the Haryana real estate registration number. Its October 30 financial release had described the NCR pilot as progressing, with a launch planned during the festive season.

What the office plan contains

The development occupies about 1.2 acres, according to the company comments. Planned floor plates range from 13,000-15,000 sq ft and 20,000-25,000 sq ft. The 4 lakh sq ft figure refers to saleable area across the project, rather than the size of an individual office or the area of the land parcel.

For businesses considering ownership, the distinction matters: the company is describing a sale-led commercial development. The announcement does not identify corporate occupiers, disclose how much space has been sold or quantify the number of workplaces the building will accommodate. No hiring figure can be inferred from its floor area.

Project: Lodha Pantheon, Golf Course Road.
Location: Sector 28, Gurugram.
Company's stated saleable area: 4 lakh sq ft.
Company's stated project cost: Rs 1,100-1,200 crore.
Company's stated building plan: 27 floors.

How the official records identify it

The regulator's project record uses the name Lodha Golf Course Road and identifies Lodha Developers Limited as promoter. It places the project in Sector 28 and lists registration GGM/1090/822/2026/62, dated September 11, 2026. The company's official Pantheon page carries the same registration number, allowing readers to connect the marketed name with the regulatory entry.

The registration is earlier background to the latest business announcement. It should not be read as a new approval issued on November 1. The regulator's page says the certificate has been uploaded and records an upload date of September 21. Anyone checking the project can use the registration number alongside its location, rather than relying on the marketed name alone.

A pilot before wider expansion

The company's October 30 investor presentation describes two Gurugram projects being developed through joint development agreements, with combined development potential of 1.1 million sq ft. That is a portfolio figure for the two projects, not the saleable area announced for Pantheon alone. The presentation also identifies Amandeep Singh as CEO for the NCR market and describes the creation of a local team.

Modi said the second Gurugram development, a housing project on Sohna Road, was targeted for launch in the fourth quarter of the current financial year. The two projects would help the company understand the region before a larger expansion. A planned launch is a company target; the comments do not establish a completed residential launch or an occupation date.

The October 30 financial release, covering the quarter and half year ended September 30, 2026, provides the wider business context. Lodha reported quarterly pre-sales of Rs 5,037 crore, up 10% from a year earlier, revenue of Rs 4,468 crore and profit after tax of about Rs 1,013 crore. These are company-wide figures for the September quarter, not sales or profit generated by the Sector 28 project.