Lodha Group – Builder Overview

Founded in 1980, Lodha Group is a premier real estate developer of Mumbai. Mangal Prabhat Lodha is the chairman and founder. Presently the company is working on over 35 million sq ft of space which accounts for around 30 projects that are located in and around Mumbai (from Napean Sea Road to Dombivli). The real estate company is expanding its reach by developing luxury living spaces in Pune and Hyderabad. The Group made history by recording one of the biggest land deals in India. They bought a plot in Wadala worth Rs 4,053 crore from the Mumbai Metropolitan Region Development Authority (MMRDA). The Lodha Group Real Estate Projects include both residential and commercial projects.

Lodha Group is the winner of Green Good Design Award 2012 for World One, which is the world’s tallest residential tower. The real estate company also received 5 STAR for Best Interior Design for their project Lodha Fiorenza. Lodha Group residential projects will get new boost with upcoming amazing features. Lodha Group has launched its maiden investment fund for startups focusing on smart city solutions and the overall realty sector. Launched with an initial investment corpus of Rs 50 crore, the fund will not only provide angel funding and venture capital, but also business opportunities, industry contacts and mentorship. Lodha Group’s Startup Investment Fund will invest in startups at all stages of the development cycle, including early-stage startups. Within real estate, the company will look at all aspects–right from digital marketing and analytics to customer relationship management (CRM) and smart city services.

Why Lodha Group?

Lodha’s vision of ‘Building a Better Life’ extends across markets with several landmark developments to its credit including World One – the world’s tallest residential tower, and Palava City – the first Greenfield smart city in the country. The group has brought some of the top global names including Armani/Casa, Trump, Philippe Starck, Kelly Hoppen, Greg Norman and Pei Cobb Freed to India. The Group has recorded the biggest land deal in India till date, buying a plot for INR 4,053 Cr from the Mumbai Metropolitan Region Development Authority (MMRDA) in 2010, where it is developing New Cuffe Parade, a world-class mixed use development set to become the new city centre of Mumbai. The group has acquired other notable land parcels in Mumbai such as the 88-acre land parcel in the Thane region; the 17 acres Mumbai Textile Mills parcel for ~INR 2,727 Cr from DLF, and the famous Washington House property on Altamont Road from the American government.

A snapshot of a few Lodha Group projects

Top Projects by Lodha Group in Mumbai –