Latest Realty News

Dec 23, 2015
MUMBAI: Lodha Group, the country's largest realty developer by sales, is now carving out a new vertical with strategic focus on commercial property developments. The group that has so far concentrated on residential development is looking to increase its presence in office space as well.
Nov 26, 2015
MUMBAI: In a record-setting transaction, realty developer Lodha Group has sold a super-luxury duplex apartment in South Mumbai's tony Altamount Road locality at Rs 1.60 lakh per sq ft or Rs 160 crore, said two persons familiar with the development.
Mar 12, 2015
MUMBAI: Realty developer Lodha Group is on a fundraising spree
Feb 17, 2015
MUMBAI: At a time when consultants are being poached by start-ups and corporate strategy teams, the Mumbai-based real estate company Lodha Group has created the biggest team of management consultants
Developers, buyers back in luxury homes mart
Dec 18, 2014
Mumbai: Interest in luxury residential projects is back both from developers and buyers on improved sentiment and economic conditions
Realty finds bond issue going tough
Dec 10, 2014
Mumbai: For many developers, bonds were touted as a strategy to reduce costly debts
Lodha Group sells Rs 500 crore worth flats in 9 days at Mumbai high rise
Dec 10, 2014
MUMBAI: Premium realty player Lodha Group has registered bookings to the tune of over Rs 500 crore for an ultra luxurious residential project
Essar Group puts land on sale, expects Rs 150 crore
Dec 09, 2014
MUMBAI: Essar Group has put its 8-acre land parcel in Thane district on the block and is expecting around Rs 150 crore from the transaction
Lodha Group eyes Rs 9,000 crore revenue on rising demand of luxury houses
Sep 24, 2014
Riding high on growing demand for its high-end luxury residential offerings, city-based Lodha Group is expecting nearly Rs 9,000 crore revenues this fiscal
Owners of prime property in London confirm sale to Lodha Group
Feb 20, 2014
MUMBAI: Owners of a prime residential site in the heart of London have confirmed its sale to Mumbai's Lodha Group.
Mumbai builder Lodha Group buys second building on Carey Street in London for Rs 1,000 cr
Feb 19, 2014
MUMBAI: Mumbai builder Lodha Group has bought a second building in London for over 90 million pounds, or around Rs 1,000 crore, in the space of three months. In November, the group had acquired MacDonald House in central London which housed the Canadian consulate in UK, for over 306 million pounds or Rs 3,120 crore.
Lodha boosts its London biz with 900cr deal
Feb 19, 2014
MUMBAI: Signalling its focus on London as one of its business hubs, realty firm Lodha Group has bought another high-end property in the UK capital for Rs 900 crore, reports Rajshri Mehta. New Court, spread over 1.15 acres, is located next to London School of Economics and Kings College. The commercial building will now be converted into luxury homes. Last year, Lodha had purchased McDonald House for over Rs 3,120 crore.
Selling a 17-acre project in South Mumbai, Lodha style
Oct 08, 2013
MUMBAI: From outside, the metal and glass facade of Lodha’s new residential project, The Park in Pandurang Budhkar Marg in Mumbai’s office hub Worli, looks like a corporate headquarter. The 10,000-sq-ft sales office inside, with quotes by renowned poets on glass walls, is equally striking.
Trump inks pact with Lodha for central Mumbai project
Sep 18, 2013
MUMBAI: The Trump Organization led by US billionaire and property moghul Donald Trump has tied up with Mumbai-based Lodha Developer for developing Trump Tower in Mumbai. The proposed tower with two wings will be a part of Lodha proposed 17.5-acre development The Park in central Mumbai.
CCI rules out abuse of market dominance by 4 realty firms
Sep 12, 2013
DELHI: Fair trade regulator CCI has dismissed the charges of abuse of dominant position against four real estate firms in the market for residential flats.
Sale of South Mumbai’s high-end luxury homes drops by 30%
Sep 10, 2013
MUMBAI: High-end properties in South Mumbai have fewer takers in a gloomy economy. While property appreciation in Sobo, as the area is fondly called, has dropped to 10 per cent from 30 per cent two years ago, rental yields have fallen by more than half. "All the newer projects in South Mumbai are in the ultra-luxury segment and it's difficult to find buyers for these higher configuration and big-ticket homes in the current market," said Akhil Kapur, owner of real estate brokerage firm AJ Housing
Lodha to spend over Rs 5,000 crore to develop property in Worli
Aug 20, 2013
MUMBAI: Realty firm Lodha has planned an investment of over Rs 5,000 crore for developing residential and commercial real estate on the 17 acre land in the plush area of Worli in south Mumbai, which it bought from DLFBSE 2.46 % last year.
It’s raining offers for house hunters in Mumbai
Aug 04, 2013
MUMBAI: Call it monsoon madness if you will, but Mumbai’s builders have lined up some unusual incentives to stimulate apartment sales and cope with the problem of inventory build-up.
Recession-struck real estate developers pitch clients on Facebook, Twitter for buyers
Jul 18, 2013
MUMBAI: For many real estate developers one good thing about the recent slowdown in demand is that it has helped them find a cost-effective medium to sell housing projects: social media.
YES Bank CEO Rana Kapoor's family buys Rs 128 cr house next to Mukesh Ambani's Antilla
May 28, 2013
The family of YES Bank BSE 0.11 % CEO and managing director Rana Kapoor has bought a residential building - jointly owned by Citibank and GlaxoSmithKline - on tony Altamount Road in Mumbai for Rs 128 crore, and plans to build a home there. The building is next to Mukesh Ambani's 27-storey Antilla.
Builders cut apartment size and price to perk up demand in dull market
Mar 22, 2013
NEW DELHI/MUMBAI/BANGALORE: Builders have begun to bring down prices to prop up home sales in an abysmally dull market, gladdening the hearts of potential buyers.
Lodha Developers pays Rs 2725 cr to DLF to acquire 17-acre land in Mumbai
Nov 01, 2012
Mumbai: Lodha Developers today said it has completed the acquisition of 17-acre prime land in Mumbai from realty major DLF for Rs 2,725 crore -- the largest realty deal so far this year.

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