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.

Palava City, built by Lodha, a world-renowned developer, blends urban elegance with natural beauty. This gated community offers unmatched living on 4,500 acres, 800 of which are currently lively villages.

Palava City, a smart township developed by Lodha, a prominent real estate investor, is expected to generate considerable income. The roughly 5,000-acre Palava City in Mumbai is estimated to earn over INR 8000 crore (USD 1 billion) yearly in the future years.