Emergence strategy in Action: Lodha drives sustainable real estate development in India
Summary
Lodha is implementing a systems-leadership approach to decarbonize India's rapidly growing built environment, aiming for carbon neutrality by 2035. Central to this strategy is the Palava project near Mumbai, which serves as a 'smart city learning lab' to test sustainable urban design and energy-efficient construction. Through the Lodha Net Zero Urban Accelerator, the company seeks to scale these learnings and influence industry standards and government policy.
Key insights
- India's buildings sector faces significant growth and environmental challenges, with floor space expected to more than double by 2040 and the real estate market projected to reach $1 trillion by 2030. Without efficiency improvements, energy consumption in this sector could triple by 2050 and carbon emissions could nearly quadruple.
- Lodha has adopted an 'emergence strategy' to achieve carbon neutrality by 2035, focusing on system sensing, system solutions, and system roles to shift the industry standard for sustainable development in India.
- The Palava project near Mumbai serves as a template for sustainable urbanization, utilizing passive design to lower ground temperatures by 2°C and achieving a residential energy use intensity of 41 kWh per square meter, which is approximately 30 percent below industry benchmarks.
- Lodha is utilizing the Lodha Net Zero Urban Accelerator to test novel decarbonization strategies—including solar chimneys, radiant cooling, and high-performance glazing—and to engage government agencies to leverage these lessons for broader standard setting.
Cite the original document
- APA
- RMI (2023). Emergence strategy in Action: Lodha drives sustainable real estate development in India. https://rmi.org/resources/emergence-strategy-in-action-lodha-group-drives-sustainable-real-estate-development-in-india/
- Chicago
- RMI. Emergence strategy in Action: Lodha drives sustainable real estate development in India. 2023. https://rmi.org/resources/emergence-strategy-in-action-lodha-group-drives-sustainable-real-estate-development-in-india/.
- Wikipedia
- {{cite report |author=RMI |title=Emergence strategy in Action: Lodha drives sustainable real estate development in India |date=12 October 2023 |url=https://rmi.org/resources/emergence-strategy-in-action-lodha-group-drives-sustainable-real-estate-development-in-india/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{rmi2023emergence, author = {{RMI}}, title = {{Emergence strategy in Action: Lodha drives sustainable real estate development in India}}, institution = {RMI}, year = {2023}, month = oct, url = {https://rmi.org/resources/emergence-strategy-in-action-lodha-group-drives-sustainable-real-estate-development-in-india/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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