News for 'Lodha Group'

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Rediff.com4 Aug 2026

Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.

Will Lodha group be 3rd time lucky with IPO plan?

Will Lodha group be 3rd time lucky with IPO plan?

Rediff.com17 Feb 2021

Reviving its IPO plan for the third time, realty major Lodha Developers has filed draft papers with market regulator SEBI for its proposed initial public offering to raise around Rs 2,500 crore, according to sources.

Lodha brothers resolve dispute over use of brand

Lodha brothers resolve dispute over use of brand

Rediff.com14 Apr 2025

Macrotech Developers will continue to use the 'Lodha' brand while the younger brother will continue to operate under 'House of Abhinandan Lodha' brand, as per the agreements between the two brothers under the guidance of their parents.

Lodha Group announces Rs 10,000-cr project in Mumbai

Lodha Group announces Rs 10,000-cr project in Mumbai

Rediff.com11 Oct 2011

The project, titled New Cuffe Parade, will come up at Wadala and is spread across 23 acres over the next five to seven years.

Mother's bid to resolve Lodha vs Lodha dispute

Mother's bid to resolve Lodha vs Lodha dispute

Rediff.com28 Feb 2025

'The final arrangement within our family was documented in our amended family agreement dated March 31, 2017. We confirm that both of you have no right of any form in the other brother's business of assets.'

Rs 1 Trillion Club Swells

Rs 1 Trillion Club Swells

Rediff.com2 Sep 2026

Newly listed companies Vedanta Aluminium Metal, SBI Funds Management and Manipal Health Enterprises have entered the Rs 1 trillion mcap list since March 2026.

Gulf tensions drive NRI luxury home investments back to India

Gulf tensions drive NRI luxury home investments back to India

Rediff.com2 Sep 2026

Non-resident Indians are increasingly investing in luxury homes in India, driven by geopolitical uncertainties, particularly the Iran war. This trend is observed across major cities like Mumbai, Bengaluru, and the National Capital Region, with developers noting a significant rise in NRI pre-sales. While some see it as a temporary shift, others believe India is becoming a stable, long-term investment destination for NRIs, especially those from West Asia.

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

Rediff.com24 Aug 2026

A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.

India Inc navigates West Asia conflict: Rising costs, price hikes, and margin pressures

India Inc navigates West Asia conflict: Rising costs, price hikes, and margin pressures

Rediff.com18 Aug 2026

India Inc's first-quarter earnings season was significantly impacted by the West Asia conflict, leading to rising costs, calibrated price increases, and margin pressures across various sectors including FMCG, automotive, steel, and cement. Companies are implementing price hikes to protect profitability, with many anticipating further escalations if input costs remain elevated.

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Rediff.com15 Jul 2026

Adani Properties has emerged as the largest value creator in the 2026 Grohe-Hurun India Real Estate 150, adding Rs 38,000 crore in valuation to become India's fourth-most valuable real estate company, with its valuation rising 72.5 per cent year-on-year to Rs 90,400 crore.

India's Top Listed Developers Prioritise Pan-India Expansion for Growth

India's Top Listed Developers Prioritise Pan-India Expansion for Growth

Rediff.com30 May 2026

India's leading listed real estate developers are increasingly focusing on pan-India expansion, diversifying beyond their traditional home markets into high-demand residential areas like MMR, NCR, Bengaluru, Hyderabad, Pune, and Chennai to tap broader housing demand and reduce reliance on single-city market cycles.

Lodha group's amazing success story amid the gloom

Lodha group's amazing success story amid the gloom

Rediff.com10 Dec 2013

The real estate developer may have deferred its IPO and realty may be in the dumps, but that hasn't stopped it from making acquisitions worth Rs 12,000 crore.

Lodha, India's largest realty group, lays off 400 employees

Lodha, India's largest realty group, lays off 400 employees

Rediff.com6 Sep 2019

The retrenchments at the company promoted by Mumbai BJP chief Mangal Prabhat Lodha come at a time when the economic growth has dipped to a six-year low of 5 per cent, which has led many to fear if the spectre of job losses across sectors awaits next.

Why non- NCR developers are flocking to Gurugram

Why non- NCR developers are flocking to Gurugram

Rediff.com30 Dec 2025

Gurugram, already established as the corporate hub of Delhi-NCR, is increasingly attracting developers from outside the region, drawn by robust end-user demand, premium pricing, and emerging development opportunities.

15,000 Crore Restored to Investors in PACL Ponzi Scheme

15,000 Crore Restored to Investors in PACL Ponzi Scheme

Rediff.com30 Mar 2026

The Enforcement Directorate has restored assets worth over 15,000 crore to a Supreme Court-appointed committee for distribution to investors defrauded in the PACL (Pearls Group) Ponzi scheme.

ED Returns 63,000 Crore To Victims Of Financial Crimes

ED Returns 63,000 Crore To Victims Of Financial Crimes

Rediff.com12 May 2026

The Enforcement Directorate has reported a staggering 170 per cent surge in asset attachments, reaching 81,422 crore in the last financial year (FY26), underscoring its intensified efforts against financial crimes and its significant role in restituting funds to victims.

Q1 presales solid for India's top listed real estate firms, profits patchy

Q1 presales solid for India's top listed real estate firms, profits patchy

Rediff.com29 Aug 2025

India's top listed real estate developers - DLF, Lodha Group, Prestige Estates, and Oberoi Realty, excluding Godrej Properties - reported strong presales growth in the first quarter (Q1) of 2025-26 (FY26), even as earnings showed a mixed trend. According to Nomura, the top five developers - DLF, Lodha, Prestige, Oberoi, and Godrej - recorded a cumulative 59 per cent year-on-year (Y-o-Y) growth in presales.

Realty to get indirect push from Budget proposals

Realty to get indirect push from Budget proposals

Rediff.com3 Feb 2026

The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.

Court removes Harsh Vardhan Lodha from MP Birla group cos

Court removes Harsh Vardhan Lodha from MP Birla group cos

Rediff.com19 Sep 2020

The court's directions mean that Lodha immediately ceases to hold all positions in the M P Birla group, including as director in the firms and other positions in the trusts and societies of the M P Birla group, a statement from the Birlas read.

Birla-Lodha fight reaches SC

Birla-Lodha fight reaches SC

Rediff.com12 Aug 2005

The Birla-Lodha fight over the Rs 5000 crore (Rs 50 billion) empire of M P Birla reached the Supreme Court on Friday when the Lodha group approached it challenging a Calcutta high court

Why Abhisheck Lodha is a newsmaker

Why Abhisheck Lodha is a newsmaker

Rediff.com15 Jun 2010

The 30-year-old managing director of the Lodha Group, who had a stint with McKinsey before joining the group which is the same age as him, clearly walks the talk.

Lodha ropes in UK-based Yoo to design Mumbai luxury tower

Lodha ropes in UK-based Yoo to design Mumbai luxury tower

Rediff.com2 Mar 2012

Real estate developer Lodha group has roped in UK-based Yoo Ltd to design, brand and market one of its two luxury towers coming up in Mumbai.

Lodha in mega realty deal in London

Lodha in mega realty deal in London

Rediff.com29 Nov 2013

The other bidders included some West Asian and Russian hotel chains.

Development potential, cash flows to ensure growth for Macrotech in FY26

Development potential, cash flows to ensure growth for Macrotech in FY26

Rediff.com9 May 2025

Macrotech Developers (Lodha), the country's second-largest listed real estate company, exceeded its 2024-25 (FY25) guidance, aided by a strong pre-sales performance in the January-March quarter (Q4), driven by launches. The company had guided for Rs 17,500 crore in pre-sales for FY25 and surpassed that with bookings of Rs 17,630 crore.

Realty faces execution pressure as developers expand launch pipelines

Realty faces execution pressure as developers expand launch pipelines

Rediff.com22 Dec 2025

Developers are entering one of the busiest construction cycles, with the top four firms planning launches worth Rs 1.13 trillion over the near to medium term, even as execution faces pressure from approval delays, labour shortages, rising costs, and contractor capacity limits across the industry.

Mumbai remembers 26/11 martyrs on 17th anniversary

Mumbai remembers 26/11 martyrs on 17th anniversary

Rediff.com26 Nov 2025

Maharashtra Chief Minister Devendra Fadnavis on Wednesday paid floral tributes at the city police headquarters to those who made the ultimate sacrifice while fighting terrorists during the 2008 Mumbai terror attacks.

Lodha acquires US Consulate's Washington House in Mumbai

Lodha acquires US Consulate's Washington House in Mumbai

Rediff.com13 Dec 2012

It is estimated that the property, nearly 2,702 sqmt, was sold at over Rs 120,000 per sq ft.

Bankers court Lodha for Rs 2,500-crore IPO

Bankers court Lodha for Rs 2,500-crore IPO

Rediff.com7 Dec 2015

The revival in Mumbai's property market could help the group.

Launches boost presales growth of top realtors in Q2

Launches boost presales growth of top realtors in Q2

Rediff.com3 Dec 2025

Top real estate developers reported healthy presales growth in the second quarter of FY26, aided by a steady pipeline of new project launches. While overall housing momentum across major Indian cities moderated during the quarter, listed players remained relatively insulated.

KSCA Elections: Controversy over 9-year rule

KSCA Elections: Controversy over 9-year rule

Rediff.com29 Oct 2025

Venkatesh Prasad-led panel raised its claims of refusal of candidacy, saying the KSCA managing committee invoked the nine-year clause in the association by-law when it was not applicable to a few members of the incumbent officials.

Lodha-owned Indsur Group acquires CDA Contracts

Lodha-owned Indsur Group acquires CDA Contracts

Rediff.com11 May 2014

The acquisition of CDA Contracts was completed by Indsur Group through its UK-headquartered arm Indsur Nevron Eurotherm Ltd.

BCCI accepts Lodha verdict, forms working group to reform IPL

BCCI accepts Lodha verdict, forms working group to reform IPL

Rediff.com19 Jul 2015

The Board of Control for Cricket in India on Sunday accepted the recommendations made by the Lodha Committee and formed a working group to prepare the road map for the future editions of the Indian Premier League.

Lodha relaunches $350-mn overseas bond sale plan

Lodha relaunches $350-mn overseas bond sale plan

Rediff.com6 Mar 2015

Bank of America Merrill Lynch and JP Morgan are bankers for the bonds

Harsh Lodha is back as director in 2 MP Birla group firms following court nod

Harsh Lodha is back as director in 2 MP Birla group firms following court nod

Rediff.com6 May 2020

The order, which set aside the August 9 ruling of a single-judge bench, prevented the group entities from publishing the voting results of the last AGM. However, the firms will now be able to execute decisions taken at the AGM last year. People in the know said the Birlas would appeal against the order in a higher court.

Trump group has big plans for India's realty sector

Trump group has big plans for India's realty sector

Rediff.com11 Nov 2016

The group has tied up with property developer Ireo for an office complex and M3M Group for a residential project in Gurgaon

Moody's downgrades Lodha's outlook to negative on poor sales

Moody's downgrades Lodha's outlook to negative on poor sales

Rediff.com3 May 2019

Operating sales in Mumbai and London were weaker by 20 per cent and 50 per cent, respectively.

Realty market saw land deals worth Rs 31,000 cr in H1 2025: Anarock

Realty market saw land deals worth Rs 31,000 cr in H1 2025: Anarock

Rediff.com16 Jul 2025

At least 2,900 acres of land deals, with a market value of Rs 31,000 crore, were transacted in the Indian realty market during the first six months of 2025 (H1 2025), according to a report by real estate analytics firm Anarock. These deals include both outright transactions as well as joint development agreements between realtors and landowners.

Lodha buys 88 acres in Thane for Rs 1,154 crore

Lodha buys 88 acres in Thane for Rs 1,154 crore

Rediff.com16 Apr 2014

Consultants say at Rs 1,442 a sq ft, the developer has got a good bargain.

Realty firms eye revenue upside, portfolio diversification from data centre boom

Realty firms eye revenue upside, portfolio diversification from data centre boom

Rediff.com24 Jun 2025

Data centres are increasingly becoming a key part of the real estate landscape, as reality firms - with rich expertise in land acquisition, construction and dealing with government approvals - are seeing them as opportunities to build long-term assets with continuous revenue flow.