LODHA WORLD TOWERS
India will need to build 100 million homes this decade amid rising household incomes
India's property market has heated up since the pandemic, with 2023 being the best year for home sales in at least 15 years. With about 70 mn Indian households turning eligible for home ownership over the next 10 years, there would be a requirement for as many as 100 million new houses.
CEO@Work: We think about ourselves as a consumer goods company and our product is housing: Abhishek Lodha
“Housing causes the creation of the middle class and housing benefits immensely from the creation of the middle class. So this is the sector which will drive our economy for the next 15 years. I feel quite confident this is a very long cycle, unlike the typical cyclicality, which may be five, some people say five to seven years, some say 7-10 years, but whatever that may be.”
Lodha, Crafting Seamless Living Experiences in the Lap of Luxury
Step into a world where luxury knows no bounds and the pinnacle of opulence is brought to life. Lodha has delivered the world’s finest developments across geographies.
How a Mumbai neighbourhood went from being a home of millhands to a melting pot of expats
But central Mumbai's Worli-Lower Parel corridor, once home to millhands at the now-mothballed factories of mid-19th century vintage, has lately emerged as the hotspot for the well-travelled global manager. And, new luxury projects, especially large gated communities such as Lodha World Towers, Raheja Vivarea, Indiabulls BLU Estate, Beau Monde and Planet Godrej, challenge the pecking order of plush addresses for expats, influential personalities and business leaders.
DLF chairman Rajiv Singh richest real estate entrepreneur; M P Lodha at 2nd position: Report
Realty major DLF's Chairman Rajiv Singh has become the richest real estate entrepreneur with a wealth of Rs 61,220 crore, followed by Macrotech Developers' M P Lodha and family who slipped to the second position with a wealth of Rs 52,970 crore, according to a report. Hurun and GROHE India on Wednesday released its fifth edition of 'GROHE Hurun India Real Estate Rich List' - featuring the richest real estate entrepreneurs in India.
Lodha Group inks joint development pact for 1.5-million-sq-ft residential project in Pune
Lodha Group, listed on stock exchanges as Macrotech Developers, is planning to invest about Rs 700 crore to develop this project adjacent to Pune’s cantonment area.
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Lodha to raise $225 million via offshore bonds
JP Morgan is the lone banker for now helping the company raising the money.
Taking luxury living a notch higher: Lodha Luxury unveils exclusive Club Saint Amand at an extravagant launch
Lodha Luxury has launched an exclusive club for its members.
Lodha Park, Worli: Homing in on a connected lifestyle
There is also a full-length cricket pitch where you can call your friends over for a Sunday game.
Lodha Banks aims to be debt free in 2 years
Realty developer Lodha Group is aiming to turn debt free over the next two years, aided by the brisk sales performance in its recently launched affordable housing vertical.
Trump Tower builder in Mumbai dumps luxury for cheap homes as India slows
Macrotech Developers, earlier known as Lodha Developers, is also looking to increase contributions from so-called affordable housing to about 50 per cent of revenue over the next three to four years from 40 per cent.
Dollar bond worth less than half of a tower in Lower Parel: Abhishek Lodha
This bond is a very minuscule part of our cash flow and we have full arrangements in place to do it.
Just residential projects enough to pay off all our debt: Abhishek Lodha
Lodha talked about his company’s deleveraging plan, efforts to tackle the coming bond maturity, and the current state of the real estate market.
Health and wellness are the new luxury at Worli's The World Towers
Take a dive into the world of fitness that offers a host of amenities to its residents.
Open spaces, lavish townhouses, ultimate privacy: Lodha Maison in Worli redefines pure luxury
Lodha Maison has been built in an elevated 17-acre urban park with only 12 garden townhouses.
Post IPO, we will retire Rs 4,500 crore debt: Abhishek Lodha, Lodha Group
Affordable housing is going to become a bigger part of Lodha group’s business.
Lodha files IPO papers, looks to raise over Rs 5,000 crore
This is the second time that Lodha Group has filed papers for an IPO.
No.1 Choice for those who want to take their business to the next level – Lodha Group’s latest project brings you the office of your dreams
An exemplary standard of luxury and class, Lodha Codename No. 1 is a Gold LEED rated building ensuring environmental sustainability and lower maintenance costs.
Lodha Group welcomes London Mayor Sadiq Khan
The Growth Summit 'Endless Opportunities: London & Mumbai' in Mumbai witnessed participation of corporate honchos.
HDFC realty fund extends Rs 500 crore loan to Lodha Developers
HDFC Property Fund, backed by Housing Development Financial Corporation, is one of the largest private equity real estate funds in the country.
Donald Trump's Indian business partner has a political connection, but claims no conflict
Three lawsuits now accuse Trump of violating the U.S. constitution by accepting payments from foreign governments and state officials.
Trump Tower: Lodha Group hopes to work with the POTUS-elect
"I will invest a substantial amount in the Trump Tower Mumbai, in my individual capacity," Trump had told PTI without quantifying the amount to be invested.
HDFC Property Fund makes Rs 1,500 cr exit from Lodha Group’s high-end residential project World Towers
The offshore fund sponsored by the country's largest mortgage lender is making over three times returns from its pure-equity investment made in 2010.
HDFC Property Fund makes Rs 1,500 crore exit from Lodha's World Towers
The project spread over 17 acres has total 4 million sq ft of saleable area with expected realisation of Rs 15,000 crore.
Moody's downgrades Lodha's rating on weaker-than-expected operating performance
The company made operating sales of Rs 6,430 crore for fiscal 2016 against Moody's expectation of Rs 9000 -9300 crore.
Lodha ropes in UK-based Yoo to design Mumbai luxury tower
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.
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