Browsing Tag

lodha group

9 posts

Macrotech Developers Alleges Forgery and Fraud by House of Abhinandan Lodha

Macrotech Developers (Lodha) has accused House of Abhinandan Lodha (HoABL) of forgery and fraud, alleging that HoABL fabricated documents and used the Lodha brand name to deceive customers. The alleged scam involved forging a board resolution and a PAN card to market real estate projects in Goa. Macrotech is considering legal action against HoABL.
Mumbai MMR Housing Boom

Mumbai MMR Housing Boom: Sales Value Soars 11%, Transactions Surge 5% in Q4 2024

Mumbai’s housing market continued its upward momentum in Q4 2024, with a significant 11% rise in registered home sales value and a 5% increase in transactions. Led by major developers like Lodha Group and Godrej Properties, the market benefited from growing infrastructure projects and a surge in high-value property investments.
A luxury apartment in Juhu's Lodha Avalon project was sold for a record ₹1.08 lakh per square foot, highlighting Mumbai's booming high-end real estate market.

Juhu Home Sold for ₹1.08 Lakh per Sq Ft

Juhu has witnessed a landmark real estate deal with a 9,863-square-foot luxury apartment selling at an unprecedented ₹1.08 lakh per square foot, bringing the total transaction value to ₹106.52 crore. The buyer, Sahastraa Advisors Pvt. Ltd., led by Paresh Shah and Avni Shah, acquired the unit in Lodha Avalon, an upcoming ultra-luxury project by Macrotech Developers. The MahaRERA completion date for the project is set for September 2028. This sale marks a new benchmark in Mumbai’s high-end real estate market.
Lodha

Abhishek Lodha Alleges Unauthorized Use of Lodha Brand by Brother Abhinandan Lodha’s HoABL

Abhishek Lodha, CEO of Macrotech Developers, has alleged that his brother Abhinandan Lodha’s company, HoABL, is misusing the “Lodha” brand name. Despite repeated objections, HoABL allegedly continues unauthorized usage, creating market confusion and damaging the reputation of the Lodha Group. The dispute stems from a family settlement in 2015-2017, where Abhinandan separated to start his own business. The real estate industry is watching closely as this trademark conflict unfolds.
Lodha

Lodha Group Reports Pre-Sales of ₹45.1 Billion in Q3FY25

Lodha Group reported record-breaking pre-sales of ₹45.1 billion in Q3FY25, reflecting a 32% YoY growth. Collections surged by 66% to ₹42.9 billion. The company added eight new projects in FY25 and expanded into Bengaluru and NCR’s digital infrastructure sector. Net debt reduced by ₹6.1 billion, underscoring Lodha’s strategic growth and financial discipline.