News for 'lodha-developers'

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.

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 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.

Enforcement Directorate Attaches 270 Crore in Assets Linked to Rajendra Lodha

Enforcement Directorate Attaches 270 Crore in Assets Linked to Rajendra Lodha

Rediff.com30 Mar 2026

The Enforcement Directorate (ED) has attached land parcels and other immovable assets worth over 270 crore as part of its money laundering investigation against Rajendra Lodha, former director of Lodha Developers.

Kumar Pillai Allowed to Return to Hong Kong, Not Singapore, Court Rules

Kumar Pillai Allowed to Return to Hong Kong, Not Singapore, Court Rules

Rediff.com16 Apr 2026

A special court in Mumbai has directed the police to issue a no objection certificate for alleged gangster Kumar Pillai's return to Hong Kong, his home country, after his extradition to India. The court rejected the prosecution's argument that he should be returned to Singapore, from where he was extradited.

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.

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.

DLF sells 17 acres of Mumbai land to Lodha Developers

DLF sells 17 acres of Mumbai land to Lodha Developers

Rediff.com13 Aug 2012

In a big-ticket land deal, realty major DLF has sold 17 acres of prime land in Mumbai to Lodha Developers for about Rs 2,700 crore (Rs 27 billion), nearly four times higher than the price at which the company had bought this parcel seven years ago in 2005.

DLF Returns to Mumbai with 800 Crore Bet

DLF Returns to Mumbai with 800 Crore Bet

Rediff.com18 Jul 2025

'The market today is different -- more mature and conducive. As a national player, you can't not be in Mumbai. And competition is always good.'

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.'

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's Macrotech seeks debt moratorium as sales tank 69%

Lodha's Macrotech seeks debt moratorium as sales tank 69%

Rediff.com18 Feb 2021

The pandemic caused construction delays at its ongoing projects due to several factors such as lockdowns enforced by government agencies, work-stoppage orders, disruptions in the supply of materials and shortage of labour resulted in failure to meet development milestones.

ITC, Kalyan Jewellers, Ambuja Cement among major BJP donors

ITC, Kalyan Jewellers, Ambuja Cement among major BJP donors

Rediff.com10 Jun 2021

The ruling Bharatiya Janata Party received over Rs 785 crore in contributions from individuals, electoral trusts and corporates in 2019-20, which is over five times more than what the Congress received during the same period.

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

Lodha pays Rs 2,725 cr for 17-acre land in Mumbai

Lodha pays Rs 2,725 cr for 17-acre land in Mumbai

Rediff.com1 Nov 2012

Lodha Developers on Thursday said it has completed the acquisition of 17-acre prime land in Mumbai from realty major DLF for Rs 2,725 crore (Rs 27.25 billion) -- the largest realty deal so far this year.

Lodhas to buy DLF's NTC land in Mumbai

Lodhas to buy DLF's NTC land in Mumbai

Rediff.com20 Jul 2012

To reduce its mounting debt, DLF, the country's biggest real estate company, is set to sign a deal with Mumbai-based Lodha Developers for selling one of its showcase non-core assets the 17-acre National Textile Corporation (NTC) land in Mumbai.

Moody's downgrade points to liquidity crunch at Lodha

Moody's downgrade points to liquidity crunch at Lodha

Rediff.com3 Aug 2019

Moody's said the negative outlook reflected uncertainty over the refinancing of Macrotech's (formerly Lodha Developers) upcoming debt maturities.

Lodha to invest Rs 6,000 cr in existing projects

Lodha to invest Rs 6,000 cr in existing projects

Rediff.com18 Nov 2009

Mumbai-based realty firm Lodha Developers, which plans to hit the capital market with its IPO early next year, will invest Rs 6,000 crore (Rs 60 billion) in the next three years on construction of its existing projects.

Govt refuses Lodha bid for Finlay Mill

Govt refuses Lodha bid for Finlay Mill

Rediff.com19 Aug 2009

According to sources close to the development, the ministry feels that the National Textile Corporation (NTC), which has put the land on sale, will get better prices than the bid put in by Lodha Developers. The company, which had initially placed a bid of Rs 657.90 crore (Rs 6.57 billion), later hiked it to Rs 710 crore (Rs 7.1 billion), following a request from NTC.

Luxury segment accounts for half of unsold houses: Lodha

Luxury segment accounts for half of unsold houses: Lodha

Rediff.com18 Feb 2021

About 7 per cent was priced between Rs 3 crore and Rs 5 crore, 22 per cent priced between Rs 5 crore and Rs 8 crore, and 15 per cent above Rs 8 crore.

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.

DLF may sell Aman Resorts for $350 million

DLF may sell Aman Resorts for $350 million

Rediff.com24 Aug 2012

Recently, DLF sold 17 acres of prime land in Mumbai to Lodha Developers for Rs 2,700 crore.

Meet India's 10 richest realty tycoons

Meet India's 10 richest realty tycoons

Rediff.com9 Dec 2019

Hurun Report and GROHE India named Lodha Developers' M P Lodha and family as India's richest real estate entrepreneur with a wealth of Rs 31,960 crore, followed by DLF's vice chairman Rajiv Singh and Embassy group founder Jitendra Virwani in the second and third position respectively. Total wealth of top 100 Indians in the real estate sector stood at Rs 2,77,080 crore -- up 17 per cent against 2018. While Mumbai accounted for six of the top 10 and 37 of the 100 names, Delhi and Bengaluru had 19 residents each who featured on the list. Smita V Crishna of Godrej Properties featured as the richest woman.

DLF sells Gujarat wind turbine project for Rs 282 cr

DLF sells Gujarat wind turbine project for Rs 282 cr

Rediff.com31 Jan 2013

DLF has wind power plants in four states with total installed capacity of 227 MW.

DLF reduces debt by Rs 2,000 crore

DLF reduces debt by Rs 2,000 crore

Rediff.com14 Nov 2012

The National-Capital based realty major will also launch 9-10 million sq ft of real estate projects during the second half of the current financial year.

DLF to cut debt from Mumbai land sale proceeds

DLF to cut debt from Mumbai land sale proceeds

Rediff.com2 Nov 2012

The company said it has received Rs 2,727 crore in full from Lodha Developers against the sale of 17-acre land in Mumbai and will utilise almost entire proceeds to cut whopping debt of over Rs 22,000 crore.

Want to know what India's top bankers are up to?

Want to know what India's top bankers are up to?

Rediff.com30 Jun 2020

The bosses of SBI, Union Bank and Central Bank have been driving down to their offices everyday to take stock of the biggest loan drive ever undertaken for MSMEs, discovers Tamal Bandyopadhyay.

DLF may sell Mumbai land for Rs 2,700 crore

DLF may sell Mumbai land for Rs 2,700 crore

Rediff.com30 Jul 2012

DLF had bought 17.5 acres of land in 2005 from the National Textile Mills for about Rs 700 crore (Rs 7 billion).

Realtors hope for sunny 2022 with better sales

Realtors hope for sunny 2022 with better sales

Rediff.com27 Dec 2021

India's real estate industry staged a rebound from 2020's downturn, with housing sales seen rising by over 50 per cent. The performance, though short of pre-COVID levels, has property developers hoping for stronger gains in the New Year and the beginning of a long upcycle. A strong foundation has been laid this year for revival in the Indian real estate sector, which is projected to reach $1 trillion mark by 2030 from $200 billion in the pre-pandemic year.

Images: The world's 15 tallest buildings

Images: The world's 15 tallest buildings

Rediff.com18 Jan 2011

A look at world's 10 tallest towers.

This is what India's tallest tower will look like

This is what India's tallest tower will look like

Rediff.com15 Jun 2010

Lodha Developers plans to build the world's tallest residential tower at a cost of Rs 2,000 crore (Rs 20 billion) in central Mumbai.

Realty IPOs face fresh market heat

Realty IPOs face fresh market heat

Rediff.com27 May 2010

The deterioration in the market mood has directly impacted fund-raising plans of real estate developers, many of whom have either delayed their initial public offers or have decided to go slow.

How resurrected DLF is planning its tryst with Mumbai

How resurrected DLF is planning its tryst with Mumbai

Rediff.com1 Sep 2021

In mid-2020, when Kushal Pal Singh, the undisputed king of India's vast real estate market, relinquished the top post at the country's largest realtor, he left behind an empire that is best compared to the Greek myth of the Phoenix. Once the leader of Delhi's organised real estate market, DLF's steep decline in the 1970s and its majestic rise since has often been cited as a business resurrection story. Now, a year after his departure from the helm of affairs, history seems to be repeating itself at the real estate major. In the 1970s, it was the government prohibitions that had forced DLF to venture into uncharted territory; some five decades later, the Delhi-headquartered firm has set its eyes on another growth trajectory that holds immense potential.

India's biggest land deals

India's biggest land deals

Rediff.com27 May 2010

A property in Mumbai has always been a real estate developer's prized catch.

Lodha: Mumbai's new real estate king

Lodha: Mumbai's new real estate king

Rediff.com27 May 2010

Lodha Developers has emerged as a new realty giant in India.

Weak Rs to make India Inc's foreign debt repayment costly

Weak Rs to make India Inc's foreign debt repayment costly

Rediff.com15 Apr 2020

RBI is expecting the rupee to stay close to Rs 75 to a dollar, as COVID-19 forces foreign funds to withdraw from emerging markets.

Godrej Properties, Lodha may float IPOs soon

Godrej Properties, Lodha may float IPOs soon

Rediff.com6 Aug 2009

Godrej Properties, part of the Godrej group, may float an initial public offer of about Rs 500 crore (Rs 5 billion) in the next three months, said a banker close to the development. The company plans to sell 9.4 million equity shares in the IPO, which will constitute 13.5 per cent paid up capital of the company, the draft red herring prospectus filed by it showed. The company also plans a pre-IPO placement of 2.4 million shares with investors, the company said.

More sub-Rs 20 lakh homes soon

More sub-Rs 20 lakh homes soon

Rediff.com29 Jul 2009

Property developers plan more launches in the sub-Rs 20 lakh category of homes, after Monday's Budget concession.