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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.
- 3rd Nov 2024
- 1158 Views
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.
- 20th Sep 2024
- 1183 Views
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.
- 2nd May 2024
- 1399 Views
An deal was reached to buy a 100% share in Goel Ganga Ventures India Private Limited (GGVIPL) by Lodha Group, a major Indian real estate developer. After this deal, Lodha Group will hold 100% of GGVIPL.
- 9th Jan 2024
- 1430 Views
Asha Mukul Agrawal, a distinguished director at Param Capital, a leading capital market trading and investment firm, purchased three luxurious apartments in Lodha Malabar, Mumbai, for Rs 263 crore.
- 2nd Oct 2023
- 1513 Views
Corporate real estate developers across Indian have recognised the high value of plotted developments and vacation properties, and are increasing their investment in this segment to provide purchasers with more options and greater transparency.
- 31st May 2023
- 1450 Views
Real estate company Macrotech Developers (Lodha Group) has set a goal to sell properties worth 14,500 crore this fiscal year, up 20% from the previous year, and will acquire additional land for future expansion.
- 26th Apr 2023
- 1400 Views
Macrotech Developers Limited - Lodha Group, has entered the Bangalore housing market and will start building their first project in Bangalore soon.
- 7th Jan 2023
- 1500 Views
Lodha Group, Bain Capital, and Ivanhoe Cambridge-backed Lodha Green Digital Infrastructure (LGDI) bought 8 acres in Kurla, Mumbai.
- 16th Dec 2022
- 1615 Views
In the second half of 2023, India's largest real estate developer, Macrotech Developers (Lodha Group), will launch 16 new projects with a total sales potential of Rs 10,300 crore.
- 9th Nov 2022
- 1513 Views
Lodha Group has finally into the strong Powai real estate market one of Mumbai city's extremely flourishing neighbourhood. Lodha announced the opening of Lodha Bellagio with the goal of bringing a lifestyle to the neighborhood's potential homeowners.
- 2nd Apr 2022
- 1789 Views
National Standard India's shares, which are controlled by the Lodha Group, plummeted 5% on 27th January 2022, the day's lowest price. This was because the company was going to merge with the Lodha Group's main business, Macrotech Developers.
- 29th Jan 2022
- 1923 Views
In the three months ending December 2021, Macrotech Developers recorded a 24% rise in consolidated net profit to Rs 286.38 crore. According to a regulatory filing, the real estate development company's net profit in the prior year was Rs 231.71 crore.
- 27th Jan 2022
- 1440 Views
Lodha Group, one of India' leading real estate developer, recently stated that it secured pre-sales of Rs. 4500 crore in the October-December quarter of 2021, including Rs. 2,608 crore from projects in India and £191 million or Rs. 1900 crore from projects in the United Kingdom.
- 26th Jan 2022
- 1554 Views
One of the biggest real estate developers in India The Lodha Group also referred to as Macrotech Developers, is in genuine discussions with India’s largest mortgage lender HDFC to enter into an agreement to develop a 14 lakh sq ft commercial office project in Andheri.
- 24th Jun 2021
- 1519 Views