Lodha Group Contracts and Procurement Manager Salaries by 4 Employees

12 - 14 years exp.

₹13.2 Lakhs - ₹18 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

9% less than the average Contracts and Procurement Manager Salary in Real Estate Companies for 12 - 14 years of experience

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Last Updated: 11 Nov 2024

Companies similar to Lodha Group for Contracts and Procurement Manager

Company name	Avg Annual Salary	Open Jobs
Reliance Industries Contracts and Procurement Manager Salary 8 - 15 years exp. (12 salaries)	₹8.1 L/yr - ₹15.6 L/yr 18% less
Godrej Properties Contracts and Procurement Manager Salary 7 - 17 years exp. (9 salaries)	₹14.3 L/yr - ₹19 L/yr 5% more
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Lanco Amarkantak Power Contracts and Procurement Manager Salary 16 years exp. (8 salaries)	₹11.2 L/yr - ₹14.3 L/yr 21% less
Shapoorji Pallonji Group Contracts and Procurement Manager Salary 4 - 16 years exp. (7 salaries)	₹7.6 L/yr - ₹16.7 L/yr 27% less
Nokia Contracts and Procurement Manager Salary 14 - 20 years exp. (5 salaries)	₹32.4 L/yr - ₹40 L/yr 141% more

Contracts and Procurement Manager salary at Lodha Group ranges between ₹13.2 Lakhs to ₹18 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Lodha Group.

Experience wise Lodha Group Contracts and Procurement Manager salaries

Last Updated: 11 Nov 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
13 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
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14 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr

Similar Designation salaries in Lodha Group

Operations Manager Salary

(4 salaries)

₹10.16 L/yr - ₹18 L/yr

Procurement Engineer Salary

(6 salaries)

₹5.72 L/yr - ₹8.5 L/yr

Assistant General Manager Salary

(59 salaries)

₹13 L/yr - ₹31 L/yr

Sourcing Manager Salary

(50 salaries)

₹4.2 L/yr - ₹11.5 L/yr

Commercial Manager Salary

(23 salaries)

₹10.2 L/yr - ₹22.5 L/yr

Purchase Manager Salary

(5 salaries)

₹12 L/yr - ₹14.5 L/yr

Deputy General Manager Salary

(153 salaries)

₹15 L/yr - ₹39.15 L/yr

Procurement Specialist Salary

(AmbitionBox Estimate)

₹7.6 L/yr - ₹9.7 L/yr

Procurement Executive Salary

(8 salaries)

₹4 L/yr - ₹4.75 L/yr

Deputy Manager Salary

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₹6.48 L/yr - ₹16.6 L/yr

Salary related reviews for Lodha Group

Assistant General Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 24 Feb 2025

5.0

for Salary and Benefits

Likes

Salary and incentive structure is good. Company genuinely invests in improving it's employees as professional. Many trainings and programs for career growth.

Salary - Excellent

+2 more

Dislikes

Sales pressure is phenomenal. I am saying this after having worked for real estate sales for 12 years in different companies. The pressure can disorient you from your personal goals and can disconnect you from your personal life. Your work and your team members are the only things that will exist in your life. If you end up in a good team at least the human interaction part is taken care of or else even that is screwed and you'd be rendered into a zombie

Work satisfaction - Poor

+2 more

Deputy Manager in Mumbai

Full Time

Quality Control Department

1.0

• posted on 26 Oct 2021

1.0

for Salary and Benefits

Likes

No Job Security, No heirachy follow, Every months salary variable, Company cutting durring pandamic.

Dislikes

HR policies are Very bad, Never get salary as per CTC. HR can surprise any time in a year that your salary reduced. If you leave organization no pro rata basis CTC part can get. HR can take Final Settlement amount in many parts and may take more than 6months to settle the Amount. HR will give such a surprising statement for wages reduction and no one will take responsibility . Poor HR service in terms of salary and benefit.

Salary - Bad

+5 more

Operations Manager in Mumbai

Operations Department

4.0

• posted on 09 Apr 2022

5.0

for Salary and Benefits

Likes

...e is cool and calm. Hence, I get my space to work in a calm and peaceful manner. There is a thing to mention, which is the salary part. Even in such gruesome times, we received our salaries on time. Thanks for this as well..

Salary - Excellent

+6 more

Dislikes

Nothing to consider as of now….

Team Lead in Mumbai

Team Leadership Department

5.0

• posted on 20 Nov 2021

5.0

for Salary and Benefits

Likes

... nature. The company has established procedures and always remains in limelight. Compared to current market scenario, this company gives good salary.

Salary - Excellent

+6 more

Dislikes

Company has no drawbacks to it.

Deputy Manager

Construction & Site Engineering Department

2.0

• posted on 27 Feb 2020

3.0

for Salary and Benefits

Likes

The only good part is the Salary part, which is Credited at start of month.

Dislikes

No job security, worked for six years and one day management decides to give you Pink slip, without even giving prior intimation, leaves the employee in worst shock of life. Very poor higher management people, only give promotion to their good will people. Growth is hampered if you are not in liking of your Manager. Job is very tedious and tiring, and a person is always over loaded. No family life, at end of week you are tired and exhausted.

Skill development - Poor

+5 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Lodha Group Contracts and Procurement Manager Salary FAQs

What is the salary of Contracts and Procurement Manager at Lodha Group ?

The average salary of a Contracts and Procurement Manager at Lodha Group in India typically ranges from ₹13.2 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 12 years to 14 years).

The top 10% of Contracts and Procurement Manager at Lodha Group earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Contracts and Procurement Manager Salaries at Lodha Group can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Lodha Group employees in India.

What is the estimated take home salary of a Contracts and Procurement Manager at Lodha Group in India?

The estimated take-home salary of a Contracts and Procurement Manager at Lodha Group in India typically ranges from ₹1,07,046 to ₹1,09,995 per month. This is based on the average salary range of ₹13.2 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 12 years to 14 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Lodha Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Lodha Group for Contracts and Procurement Manager in India?

Nokia	₹32.4 Lakhs to ₹40.0 Lakhs per year
Godrej Properties	₹14.3 Lakhs to ₹19.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lodha Group, depending on the role and experience level.

What is the salary of a Contracts and Procurement Manager in companies similar to Lodha Group in India?

The salary of a Contracts and Procurement Manager at companies similar to Lodha Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance Industries	₹8.1 Lakhs to ₹15.6 Lakhs per year
Lanco Amarkantak Power	₹11.2 Lakhs to ₹14.3 Lakhs per year
Shapoorji Pallonji Group	₹7.6 Lakhs to ₹16.7 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Contracts and Procurement Manager at Lodha Group in India?

The salary growth for a Contracts and Procurement Manager at Lodha Group depends on factors such as experience, performance, and promotions. On average, a Contracts and Procurement Manager can expect the following growth trajectory at Lodha Group:

Experience	Average Salary Range
12 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
13 years	₹14.0 Lakhs to ₹17.9 Lakhs per year
14 years	₹11.9 Lakhs to ₹15.2 Lakhs per year

and so on.

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Lodha Group Contracts and Procurement Manager Salaries

Lodha Group Contracts and Procurement Manager salary in India ranges between ₹13.2 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lodha Group latest salaries received from various employees of Lodha Group.