Lodha shops for Rs 930 crore in London, yet again

Mumbai-based Lodha Developers has just signed the dotted line and added yet another property in London for Rs 930 crore.

The developer has bought New Court, a commercial property on Carey Street in London from Uk-based investment fund, West End of London Property Unit Trust (WELPUT). The property is a land of about 1.15 acre, which Lodha Developer will transform into a residential property.

Also read: Neptune, Lodha offer to buy Gammon India Mumbai plot

Property consultant, Knight Frank, who had advised the developer on its first London Rs. 3200 cr buy that is the MacDonald House, the headquarters of the Canadian high commission at Grosvenor Square, was the advisor this time around too.