Lodha Group Procurement Manager Salaries by 4 Employees

9 - 17 years exp.

₹12 Lakhs - ₹15 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% less than the average Procurement Manager Salary in Real Estate Companies for 9 - 17 years of experience

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Salaries in different departments

Procurement & Supply Chain Procurement Manager Salary 12 - 17 years exp. (AmbitionBox Estimate)	₹12.7 L/yr - ₹13 L/yr
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Construction & Site Engineering Procurement Manager Salary 9 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr

Last Updated: 27 Oct 2024

Companies similar to Lodha Group for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
JLL Procurement Manager Salary 11 - 18 years exp. (50 salaries)	₹4.9 L/yr - ₹21 L/yr 10% less	1 job opening
CBRE Procurement Manager Salary 6 - 21 years exp. (27 salaries)	₹6 L/yr - ₹16.3 L/yr 23% less	1 job opening
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K Raheja Corp Procurement Manager Salary 9 - 16 years exp. (12 salaries)	₹10.9 L/yr - ₹19.9 L/yr 13% more
Kalpataru Limited Procurement Manager Salary 10 - 15 years exp. (12 salaries)	₹9.5 L/yr - ₹20.5 L/yr 20% more
Cushman & Wakefield Procurement Manager Salary 8 - 20 years exp. (7 salaries)	₹10.5 L/yr - ₹20 L/yr 15% more
WeWork India Management Procurement Manager Salary 12 - 14 years exp. (7 salaries)	₹23 L/yr - ₹29 L/yr 91% more
Knight Frank Procurement Manager Salary 0 - 16 years exp. (4 salaries)	₹7.8 L/yr - ₹13 L/yr 20% less
SALARPURIA SATTVA Procurement Manager Salary 12 - 21 years exp. (4 salaries)	₹3.4 L/yr - ₹9.5 L/yr 45% less

Procurement Manager salary at Lodha Group ranges between ₹12 Lakhs to ₹15 Lakhs per year for employees with experience between 9 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Lodha Group.

Experience wise Lodha Group Procurement Manager salaries

Last Updated: 27 Oct 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹15 L/yr
10 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.8 L/yr
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11 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.3 L/yr
12 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹13 L/yr
13 years (AmbitionBox Estimate)	₹12 L/yr - ₹22.2 L/yr

Similar Designation salaries in Lodha Group

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

Store Executive Salary

(22 salaries)

₹4.3 L/yr - ₹7 L/yr

Commercial Executive Salary

(17 salaries)

₹3 L/yr - ₹6 L/yr

Store Keeper Salary

(10 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Senior Executive - Stores Salary

(9 salaries)

₹4.95 L/yr - ₹7.05 L/yr

Procurement Executive Salary

(8 salaries)

₹4 L/yr - ₹4.75 L/yr

Store Supervisor Salary

(6 salaries)

₹3.1 L/yr - ₹5.5 L/yr

Procurement Engineer Salary

(6 salaries)

₹5.72 L/yr - ₹8.5 L/yr

Deputy Manager Commercial Salary

(6 salaries)

₹11 L/yr - ₹13.5 L/yr

Top skills at Lodha Group for Procurement Manager

Procurement Finishing Vendor Management Negotiation Sourcing tiles Commercial Management Procurement management Spend Analysis Contracts Tendering Materials Marble Comparative Analysis

Salary related reviews for Lodha Group

4.9

Rated by 2 employees for salary & benefits

Material Management Executive in Mumbai

Procurement & Supply Chain Department

4.0

• posted on 18 May 2018

4.0

for Salary and Benefits

Likes

...icy is very clear and good Work culture was good Customer centric Origination salary was better and on time. Lodha is India's number one real estate company. Thanks and Regards, Subhas Shinde

Salary - Good

+6 more

Dislikes

Do not get log vacation leave

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

Senior Executive Talent Acquisition in Mumbai

Full Time

Human Resources Department

3.0

• posted on 27 Nov 2024

1.0

for Salary and Benefits

Likes

5 days working Trainings are conducted for industry, finance and luxury related.

Skill development - Good

Dislikes

Policies and processes are not flexible. Processes are very stringent to hire. Compensation is not as per industry norms and much lower. Work satisfaction is missing and processes are demotivating.

Salary - Bad

+3 more

Audit Assistant in New Delhi

Full Time

Finance & Accounting Department

1.0

• posted on 27 Oct 2024

1.0

for Salary and Benefits

Likes

There is nothing to like working here except getting exposure with some big clients.

Skill development - Good

Dislikes

...lture here. Unnecessary pressuring and long hours. 11pm is normal hour for them. No salary benefits, no promotion. Worst place for anyone.

Salary - Bad

+5 more

Manager - CRM in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 12 Oct 2024

2.0

for Salary and Benefits

Likes

LEFT 3 MONTHS AGO. THERE IS A LOT OF LEARNING ALSO THEY HAVE ADVANCED WORKING CULTURE. PROPER TRAINING SESSION THEY HAVE ALSO THEIR RNR, YEARLY OUTINGS ARE GOOD FOR FEW TEAMS THEY HAVE WORK LIFE BALANCE.

Skill development - Good

+3 more

Dislikes

...SURE ON SALES WHICH IS NOT PART OF YOUR PROFILE. UNNECESSARY POST SHIFT HUDDLE. THEY HAVE LUXURY SEGMENT BUT SALARY IS NOT LUXURIOUS.YOUR PERFORMANCE CAN ONLY CALCULATE ON YOUR SO CALLED LOYALTY SALES AND FAVORITISM.

Salary - Poor

+2 more

see more salary related reviews

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Lodha Group Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Lodha Group ?

The average salary of a Procurement Manager at Lodha Group in India typically ranges from ₹12.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 9 years to 17 years).

The top 10% of Procurement Manager at Lodha Group earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. 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 Procurement Manager at Lodha Group in India?

The estimated take-home salary of a Procurement Manager at Lodha Group in India typically ranges from ₹94,757 to ₹97,310 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 9 years to 17 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.

What are the key skills required to be a Procurement Manager at Lodha Group ?

To be a Procurement Manager at Lodha Group in india, the key skills required include:

- Procurement
- Finishing
- Vendor Management
- Negotiation
- Sourcing

These skills are highly valued at Lodha Group and are crucial for successful performance in a Software Engineering role.

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

WeWork India Management	₹23.0 Lakhs to ₹29.0 Lakhs per year
Kalpataru Limited	₹9.5 Lakhs to ₹20.5 Lakhs per year
Cushman & Wakefield	₹10.5 Lakhs to ₹20.0 Lakhs per year
K Raheja Corp	₹10.9 Lakhs to ₹19.9 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 Procurement Manager in companies similar to Lodha Group in India?

The salary of a 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:

JLL	₹4.9 Lakhs to ₹21.0 Lakhs per year
Knight Frank	₹7.8 Lakhs to ₹13.0 Lakhs per year
CBRE	₹6.0 Lakhs to ₹16.3 Lakhs per year
SALARPURIA SATTVA	₹3.4 Lakhs to ₹9.5 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 Procurement Manager at Lodha Group in India?

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

Experience	Average Salary Range
9 years	₹5.7 Lakhs to ₹15.0 Lakhs per year
10 years	₹12.4 Lakhs to ₹15.8 Lakhs per year
11 years	₹11.9 Lakhs to ₹15.3 Lakhs per year
12 years	₹5.1 Lakhs to ₹13.0 Lakhs per year

and so on.

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Lodha Group Procurement Manager Salaries

Lodha Group Procurement Manager salary in India ranges between ₹12 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lodha Group latest salaries received from various employees of Lodha Group.