Lodha Group
The country’s largest listed real estate company, DLF‘s shares increased by 1.2 percent of Rs 197 after a report that the company is selling its plot in Mumbai. The report said that the plot is being sold to Lodha group and a private equity company for Rs 2,800 crore. A report in Economic Times said [...] Continue Reading »
DLF, India’s biggest real estate firm, which is looking to divest its non-core assets to trim debt, has reportedly reached an understanding with the Lodha Group to jointly develop its 17-acre Mumbai Textile mill plot. DLF had bought the land from the National Textiles Corporation for Rs 702 crore in 2005. It has since considered [...] Continue Reading »
17-acre plot of DLF in Mumbai’s Lower Parel area might be sold at Rs 2900 crore. India’s biggest real estate firm DLF has planned to sale the land to reduce its debt burden. It is said by a DLF official that the Mumbai-based builder Lodha Group and American private equity fund Vornado Realty Trust had [...] Continue Reading »
The journey to the real estate funding will continue for Giorgio Armani. Earlier that had a joint venture with DLF. Now the Armani is closing the deal with DLF and planned to go for a new venture with Genesis Luxury. The basic investment policy of Armani is into luxurious projects in India. And as DLF [...] Continue Reading »
The property demand is increasing wherein the developers are rushing forward to purchase in the international level. In a city like Mumbai the American based properties have expanded interests well in the Mumbai circle rates. The Altamount Road residential building, Washington House has till now received three bids pricing Rs 350 crore. For which the [...] Continue Reading »
Armani apartments in Mumbai city is in present talks. Just imagine the cost of each apartment costs around Rs 50 crores. The fashion legend Giorgio Armani has headed the designing of this residential apartment. In central Mumbai, once the project is completed it will the tallest residential tower, say real estate experts. The World Towers [...] Continue Reading »
There are no limitations for premier luxury living and its experience! In the world’s tallest residential project, named The World Towers, an exclusively designed sample apartment unit was showcased recently which was designed by Italian couturier Giorgio Armani. The apartment is worth Rs 50 crore and is located in Central Mumbai. The project is promoted [...] Continue Reading »
The Lodha Group a realty developer has come forward to invest more than Rs 10,000 crore for project development on a 22 acre land at Wadala in Mumbai. The investment proposed by the Lodha Group will include development and construction cost and also the interest rates in concern to this property will be paid to [...] Continue Reading »
In January, the I-T department had raided about 20 premises of Lodha Group in Mumbai and Hyderabad on alleged misreporting of income. While examining the documents found at these premises, I-T officials came across details of bank lockers in the name of some of the company’s employees. When these lockers, in all 26, were raided, [...] Continue Reading »
World One will the world’s tallest residential tower to come up in Mumbai by the Lodha Group. The tower is coming up on the 17-acre Srinivas Mills compound. Of the 300 flats, eight apartments are dubbed World Mansions, which are nothing short of castles in air. These apartments will occupy the top eight levels of [...] Continue Reading »
