Lodha Group
The first ever Trump project in Mumbai – the Trump Tower Mumbai – was recently unveiled by bigwig American businessman Donald J. Trump, who is the Chairman and President of Trump Organization. For the project, Trump has collaborated with India’s leading luxury realty developer, the Lodha Group. Unveiling the Trump Tower Mumbai, Donald Trump said [...] Continue Reading »
Several top real estate developers are in the hunt for a 24.5-acre parcel of land in suburban Mumbai being sold by its owners, Crompton Greaves Ltd, for around Rs 1,000 crore. Runwal Group, Lodha Group, Oberoi Realty Ltd, Mahindra Lifespace Developers Ltd and Kalpataru Group have been shortlisted as potential buyers, with Runwal Group leading [...] Continue Reading »
The surge of online portals to buy various fashion accessories, consumer durable goods, groceries, jewellery etc. saw a positive curve in the last few years. It looks like that the real estate developers have taken a cue from it and now are offering services to buy properties online. Until recently, the real estate portals were [...] Continue Reading »
The surge of online portals to buy various fashion accessories, consumer durable goods, groceries, jewellery etc. saw a positive curve in the last few years. It looks like that the real estate developers have taken a cue from it and now are offering services to buy properties online. Until recently, the real estate portals were [...] Continue Reading »
The Union Budget which will be presented on July 10, Thursday will have a lot of leeway for the affordable housing segment which will give an up thrust to the housing for all by 2022 scheme. Interest rate subvention for the economically weaker section, lower income group and middle-income group homes will help India Inc. [...] Continue Reading »
The biggest parcels of land in Mumbai are believed to collect the highest bid of Rs 1,155 crore. It is rumor that the Oberoi Realty may be the highest bidder. A source of Tata Housing says that they are still in the race. The bidder has not been finalized yet and the process is still [...] Continue Reading »
The India Infoline Ltd’s (IIFL) non-banking financial company and some of its wealthy clients have together invested Rs 150 Crore in a 500-acre Navi Mumbai township project of property developer Wadhwa Group. IIFL has purchased non-convertible debentures (NCD) from Wadhwa Group for the project, after three years of signing agreement with the Gulf Finance House [...] Continue Reading »
In what marks a continuation of its aggressive strategy to buy properties in India and overseas, Lodha Group has acquired its second asset in London for £90 million ($150 million or approximately Rs 930 crore). The group’s recent acquisition is a property called New Court. It is located on Carey Street next to the London [...] Continue Reading »
Famed realty developer, the Lodha group has repaid the debt it took in early 2012. The debt was taken by issuing Non-Convertible Debentures (NCDs) in the early 2012. Many retail investors and large institutions including Citigroup, Kotak Mahindra Bank and Deutsche Bank formed a consortium to invest in these privately-placed debentures. Abhinandan Lodha, deputy Managing [...] Continue Reading »
Navi Mumbai: The Kharghar-Kalamboli-Kamothe corridor promises good returns in the time span of 3 – 5 years and is affordable compared to adjucent areas. Lower price range is one the reason for demand of residential units in this corridor. Few years back, real estate in these areas was driven by investors. Today with the growing [...] Continue Reading »
