Lodha Group

Lodha Developers accused in a FIR that Rajendra Lodha, along with his son and other associates, had defrauded the company of around Rs 85 crore through bogus land transactions, sale of company land at undervalued rates, and large-scale cash transactions

Lodha shares jump 4% on March quarter update, surpasses FY25 guidance

In its fourth-quarter update, Macrotech Developers Lodha reported sales worth Rs 4,810 crore, surpassing estimates of Rs 4,700 crore

Abhishek Lodha’s Macrotech sues brother Abhinandan Lodha

The case likely to be heard by Bombay High Court later this week

Tata Trusts is a major inspiration: Abhishek Lodha after pledging Rs 20,000 crore to philanthropy

'About 100 years ago, the Tata family gave a major part of their shareholding in their enterprise to the Tata Trusts,' Lodha Group CEO Abhishek Lodha recollected.

Lodha Group gives away 'substantial' stake in Macrotech to a non-profit with Rs 20,000 crore initial corpus

Abhishek Lodha, the MD & CEO of Lodha Group cited the decision by Tata family to give away a major part of their shareholding in their business to the Tata Trusts a century ago as the inspiration behind their decision.

Lodha Group finalises acquisition of Goel Ganga Ventures

Following this transaction, GGVIPL is set to become a wholly-owned subsidiary of the Mumbai-based real estate group

LTIMindtree to enter Nifty50, Lodha Group's Q1 update & pharma stocks | Market Minutes

In this episode of Market Minutes, Shailaja Mohapatra talks about PKH Ventures' IPO withdrawal, Macrotech Developers' Q1 business update and the newest entrant to Nifty 50. Also, catch Sailesh Raj Bhan of Nippon India Mutual Fund in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends

Lodha Group records highest-ever Q1 pre-sales of Rs 3,353 crore

The company has also added five new projects with a potential gross development value of Rs 12,000 crore across different micro-markets during the quarter

MC Exclusive | Aim to invest Rs 2,500 cr in FY24; focus on Mumbai, Pune & Bengaluru: Lodha Group MD

Macrotech Developers believes in diversifying across the affordable, mid and luxury housing segments, and believes that India will see a housing boom over the next 15 years, said Abhishek Lodha

Lodha Group to absorb up to 50% stamp duty for homebuyers until March 31

The remaining stamp duty amount is to be paid by the homebuyer. The prevalent rate of stamp duty in Maharashtra is 5 percent.

Interview | Incremental growth for Lodha will mainly come from joint development projects: MD & CEO Abhishek Lodha

Going forward, Lodha will be able to generate 40 percent of sales through the joint development model, says the top boss at Lodha Developers

Ideas For Profit | Macrotech Developers

While Macrotech Developers (Lodha) may not offer a great upside in the near term, MC Pro believes long-term investors, who intend to ride the growth in the domestic real estate, could remain invested. Here’s why.

World EV Day: Lodha-Tata Power to provide charging solutions

The chargers will be accessible to all Lodha residents and visitors who are EV owners, Tata Power said in a press release.

Gauri Khan designs show house for Lodha Group’s Trump Tower in Worli

For the first time in South Mumbai, Gauri Khan has created a bespoke living experience for luxury connoisseurs with her exclusive designs, Lodha Group said in a statement.

Lodha Group fires up IPO plans as real estate bounces back, may file papers with Sebi by March

Investment banks Axis Capital and JP Morgan have been roped in as advisors for the proposed listing. The Mumbai-based developer made two previous listing attempts in 2009 and 2018.

Lodha clocks over Rs 1,000 crore sales led by ready homes

In the month of October 2020, the group observed a 40 percent growth driven across categories, the company said.

Enough of the Khans, Mumbai real estate needs to find its Ayushmann Khurrana

Much like Bollywood, Mumbai real estate needs to also evolve and upgrade. Time is running out.

Lodha group's UK arm to raise $225 mn through bonds issue

Lodha Developers International Ltd, a subsidiary of Mumbai-based Lodha group, proposes to offer USD 225 million aggregate principal of senior secured notes due 2023.

Lodha Q3 sales booking up 30% at Rs 2K cr; to raise up to Rs 1,500 cr by selling commercial assets

In the first nine months of 2019-20, sales have reached around Rs 5,000 crore, up 15 per cent from the corresponding period of the previous year.

Lodha Group may sell bonds worth Rs 1,600 crore to repay debt: Report

In March 2020, the Mumbai-based company will see bonds worth $325 million maturing

Hurun Real Estate Rich List 2019: Mangat Prabhat Lodha named India’s richest real estate tycoon

This year's Hurun Real Estate Rich list also says that the total wealth of top 100 Indians in the real estate sector stood at Rs 277,080 crore  – up 17% against 2018.

Lodha group arranges $325 mn fund to repay bonds maturing in March

The Mumbai-based group has a total debt of over Rs 19,000 crore, of which Rs 17,000 crore is from India business and the rest from London market, but Lodha exuded confidence that it would become net debt free in the next two years.

Lodha Group sells properties worth Rs 3,300 cr in April-September quarter

The Mumbai-based company said the sales momentum continues to be strong even this month with the company already achieving sales of Rs 320 crore in the first week.

Lodha Group to invest Rs 2,500 cr on three affordable housing projects in Mumbai region

The three projects -- located at Thane, Bhiwandi and Taloja -- will be launched this financial year under a separate brand Crown, the company said.

Surge in Lodha’s overseas bond yields raises fears of stress; co says no instance of default

Lodha Group has allays fears of interest of repayment default but admits it is hit by liquidity crunch in the market