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.

I DIRECT YOU: MANJU LODHA URGES ABHISHEK & ABHINANDAN TO END FEUD, REMEMBERING RAM & LAXMAN

Exclusive letter dated 21 February 2025 reveals Manju Lodha’s heartfelt appeal to her sons, Abhishek and Abhinandan, urging them to end their feud. In it, she instructs: “1. You will not say anything wrong about each other. 2. You will not fight with each other. 3. You have no right against each other’s business or shareholding. 4. Neither of you have to give anything to each other. 5. You will not interfere in any manner with each other’s business. 6. Bring an end to all your disputes, respect each other and try to help each other.” She likens their bond to that of Ram and Laxman, stressing the importance of unity and family legacy.

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.

MahaRERA Invites Objections to De-Registration of Macrotech and Raheja Projects Along with 17 Others

MahaRERA has issued a notice inviting objections to the de-registration of 19 real estate projects, including prominent developments by Macrotech Developers and K Raheja Corp. Stakeholders are encouraged to submit objections by 12th December 2024, ensuring transparency in the real estate sector.

Macrotech Acquires Bain Capital’s Stake in Digital Infrastructure Platforms for ₹307 Crore to Boost Industrial & Logistics Growth

Macrotech Developers Ltd. announces the strategic acquisition of Bain Capital’s interests in three digital infrastructure entities for ₹307 crore. The acquisition aligns with the company’s focus on expanding its industrial and logistics footprint under the Lodha Industrial and Logistics Park brand, aiming to strengthen its growth and annuity income streams in these sectors.