Lodha Developers Ltd
Founded in 1980 by Mangal Prabhat Lodha (Chairman), Lodha Developers Pvt. Ltd. have more than 35 million sq ft under development. The real estate firm have been acquiring land over the years, as the combined debt of India’s listed developers shot up from Rs. 15,880 crore in 2007 to a record figure of Rs. 39,400 [...] Continue Reading »
In coming months, HDFC property funds may sell its stake in three residential projects back to the developers. HDFC property fund is a real estate-focused private equity (PE) fund of HDFC. With an investment of around Rs 219 crores($40 million), the company will have profit of around Rs 600 crore ($110 million). The three developers include Lodha [...] Continue Reading »
