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Lodha Group Closes ₹187.47 Crore Luxury Apartment Deal in Mumbai’s Worli

Macrotech Developers (Lodha Group) sells a luxury Worli apartment for ₹187.47 crore in the Lodha Sea Face project. The 14,866 sq. ft. unit was acquired by SR Menon Properties LLP. Discover key details on Mumbai's premium real estate market and high-value deals.

By Admin

  • 18th Mar 2025
  • 1170 Views
Yusen Logistics Expands in India with Strategic 200,000 Sq Ft Warehouse Lease Near Mumbai

Yusen Logistics India has leased a 200,000 sq ft built-to-suit warehouse in Palava near Mumbai from Macrotech Developers. This strategic move, part of Lodha Industrial & Logistics Parks, aims to bolster the Tokyo-based company’s distribution network in India.

By Admin

  • 5th Jan 2025
  • 1262 Views
Alkem Labs Promoter Seema Singh Elevates Mumbai Luxury Real Estate Market with INR 185 Crore Purchase at Lodha Sea Face

Mumbai’s ultra-luxury real estate hits a new high as Alkem Labs promoter Seema Singh acquires a ₹185 crore, 14,866 sq. ft. apartment at Worli’s Lodha Sea Face, reaffirming the city’s status as a global luxury hub.

By Admin

  • 16th Dec 2024
  • 1285 Views
Iconic American Center in South Mumbai Acquired by HoABL Infraworld for INR 56 Crore

The iconic American Center, a ground-plus-seven-storey structure in South Mumbai, has been acquired by HoABL Infraworld Pvt Ltd, led by Abhinandan Lodha, for ₹56 crore. Spanning 1,337 square meters with a development potential of 60,000 square feet, this deal is a milestone in Mumbai real estate.

By Admin

  • 5th Dec 2024
  • 1257 Views
Nippon Life Secures INR 486 Crore Deal for Premium Office Space in Mumbai's Lodha Tower

Nippon Life India Asset Management has acquired two premium floors in Mumbai's One Lodha Place, Lower Parel, for ₹486 crore, marking a landmark deal in the city’s prime real estate market.

By Admin

  • 22nd Nov 2024
  • 1213 Views
Lodha Boosts Stake in Digital Infrastructure Assets with INR 307 Cr Buyout from Bain Capital

Real estate developer Lodha, formerly as Macrotech Developers, acquired Bain Capital's share in three joint digital infrastructure platforms for ₹307 crore to boost its logistics and industrial park revenue.

By Admin

  • 8th Nov 2024
  • 1269 Views
Lodha Family Pledges INR 20,000 Cr to Philanthropy !!

Founders of Macrotech Developers, Abhishek Lodha and his family, have committed nearly $2.5 billion (₹20,000 crore) to charity in a significant move. The family will transfer a large share in Macrotech, making an initial corpus of over ₹20,000 crore for the Lodha Philanthropy Foundation.

By Admin

  • 3rd Nov 2024
  • 1296 Views
Lodha Strengthens Digital Infrastructure Stake with INR 240 Crore Ivanhoe Buyout

Lodha Group, via Macrotech Developers, bought Ivanhoé Cambridge's share in three joint ventures for ₹239.56 crore. Lodha wants more control over its digital infrastructure investments to improve its annuity revenue.

By Admin

  • 20th Sep 2024
  • 1312 Views
Bollywood Star Kriti Sanon Invests in Alibaug at Sol de Alibaug by HOABL

Bollywood actress Kriti Sanon has invested in a 2,000 sq ft plot at The House of Abhinandan Lodha’s (HOABL) exclusive project, Sol de Alibaug, just 60 minutes by sea from South Mumbai.

By Admin

  • 12th Jul 2024
  • 1315 Views
Macrotech Developers Secures Acquisition of Mumbai's Iconic Tulip Star Hotel

The bankruptcy court allowed Macrotech Developers to buy V Hotels Ltd., which owns the Tulip Star Hotel, formerly the Centaur Hotel. The property in Mumbai's upmarket Juhu neighbourhood will be bought by Lodha Group business Macrotech Developers for Rs 890 crore.

By Admin

  • 2nd May 2024
  • 1557 Views
Lodha Targets INR 21,000 Crore in New Projects Amid Booming Indian Real Estate Market

Lodha, known as Macrotech Developers, expects robust housing market expansion in 2024-25. Over ₹21,000 crore in new projects are planned by the corporation, after a ₹20,300 crore boost last year.

By Admin

  • 28th Apr 2024
  • 1364 Views
Lodha Celebrates Stellar Growth in Q4, with a 21% Increase in Net Profit

Lodha, or Macrotech Developers, reported a 21% rise in net profit to Rs 670 crore for the March quarter. The company's operating revenue rose 23% to Rs 4,020 crore. Developer pre-sales and yearly performance are at an all-time high this quarter.

By Admin

  • 26th Apr 2024
  • 1341 Views
Amitabh Bachchan Expands Luxury Real Estate Portfolio with New Villa in Alibaug

Amitabh Bachchan bought a plot of property in Alibaug, a popular coastal resort for Mumbai's elite. The House of Abhinandan Lodha (HoABL) sold him a luxurious property for around Rs 10 crore.

By Admin

  • 23rd Apr 2024
  • 1567 Views
Mumbai Luxury Real Estate Market Moves Higher as Wellknown Polyesters' Chairman Buys Lodha Malabar Property

Wellknown Polyesters Chairman Anil Gupta bought two luxury properties in South Mumbai's Malabar Hill region, influencing the luxury real estate market. The home sale, worth over INR 270 crore, established a new Indian residential property sales record at INR 1.41 lakh per square foot.

By Admin

  • 21st Apr 2024
  • 1377 Views
Why is There a Huge Disparity in Property Tax Between New and Old Luxury Towers in South Mumbai?

Luxury skyscrapers in South Mumbai impose financial challenges on occupants. Luxury living in south Mumbai is exemplified by Tardeo's 60-story Imperial Heights, with 220 apartments of various sizes. Maintaining and paying property tax might cost residents Rs 70,000 to Rs 2 lakh per month.

By Admin

  • 14th Feb 2024
  • 1445 Views
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