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Lodha Group
Lodha or Lodha Developers Limited (formerly known as Macrotech Developers Limited) is an Indian multinational real estate company and construction company headquartered in Mumbai. It was founded in 1980 by Mangal Prabhat Lodha. It has developed residential and commercial properties in Mumbai, Thane, Hyderabad, Pune, Bengaluru and London.
Some of its notable projects include Lodha Altamount, Lodha World Towers, Lodha Bellissimo, Trump Tower Mumbai and Lodha Park. The company is also credited for developing Palava, an integrated smart city in Dombivali near Mumbai. The company was listed as Macrotech Developers on 19 April 2021.
Macrotech Developers Limited was renamed Lodha Developers Limited on 16 June 2025.
Lodha Group was established by 1980 by Mangal Lodha, a businessman and politician, who serves as Member of Legislative Assembly.
In September 2007, the Deutsche Bank made an investment of ₹1,640 crore (US$173 million) by subscribing to the compulsorily convertible debentures (CCDs) of Lodha's subsidiary, Cowtown Land Development Limited.
In May 2010, the company emerged the highest bidder to acquire a 22.5-acre plot in Wadala, Mumbai, for ₹4,053 crore (US$429 million) from Mumbai Metropolitan Region Development Authority (MMRDA).
In December 2012, Lodha Group acquired Washington House, a residential building owned by the US consulate on Altamont Road, for ₹341.82 crore (US$36 million) which was developed into Lodha Altamount.[citation needed]
It purchased 17 acres of land in Mumbai's prime location from DLF for about ₹2,700 crore (US$286 million), nearly four times higher than the price at which DLF had bought the land in 2005.
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Lodha Group
Lodha or Lodha Developers Limited (formerly known as Macrotech Developers Limited) is an Indian multinational real estate company and construction company headquartered in Mumbai. It was founded in 1980 by Mangal Prabhat Lodha. It has developed residential and commercial properties in Mumbai, Thane, Hyderabad, Pune, Bengaluru and London.
Some of its notable projects include Lodha Altamount, Lodha World Towers, Lodha Bellissimo, Trump Tower Mumbai and Lodha Park. The company is also credited for developing Palava, an integrated smart city in Dombivali near Mumbai. The company was listed as Macrotech Developers on 19 April 2021.
Macrotech Developers Limited was renamed Lodha Developers Limited on 16 June 2025.
Lodha Group was established by 1980 by Mangal Lodha, a businessman and politician, who serves as Member of Legislative Assembly.
In September 2007, the Deutsche Bank made an investment of ₹1,640 crore (US$173 million) by subscribing to the compulsorily convertible debentures (CCDs) of Lodha's subsidiary, Cowtown Land Development Limited.
In May 2010, the company emerged the highest bidder to acquire a 22.5-acre plot in Wadala, Mumbai, for ₹4,053 crore (US$429 million) from Mumbai Metropolitan Region Development Authority (MMRDA).
In December 2012, Lodha Group acquired Washington House, a residential building owned by the US consulate on Altamont Road, for ₹341.82 crore (US$36 million) which was developed into Lodha Altamount.[citation needed]
It purchased 17 acres of land in Mumbai's prime location from DLF for about ₹2,700 crore (US$286 million), nearly four times higher than the price at which DLF had bought the land in 2005.