Lodha Group

412, Floor- 4, 17G Vardhaman Chamber Cawasji Patel Road, Horniman Circle, Fort Mumbai MH IN 400001

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About Lodha Group

Summary

Lodha Group, officially known as Lodha Developers Limited, is a prominent real estate and construction company based in Mumbai, India. Established in 1980 by Mangal Prabhat Lodha, the company has expanded its operations across India and internationally, with developments in cities like Thane, Hyderabad, Pune, Bengaluru, and London. Lodha Group primarily focuses on residential, commercial, and mixed-use developments, with projects like Lodha World Towers, Lodha Altamount, Trump Tower Mumbai, and Palava City highlighting its diverse portfolio.

In addition to large-scale urban developments, Lodha Group has gained recognition for its commitment to quality, sustainability, and innovative design. The company is credited with creating some of India’s most luxurious residential spaces, while also investing heavily in environmentally conscious designs. One such example is One Lodha Place in Mumbai, India’s largest office building powered entirely by renewable energy.

Lodha Group’s business strategy has included key acquisitions such as prime land in Mumbai, the purchase of Washington House for ₹341.82 crore, and Macdonald House in London for ₹3,120 crore. The company also formed partnerships with global entities, including Donald Trump for Trump Tower Mumbai.

The group has earned several accolades for its achievements in real estate, including ‘Top Developer of the Year’ for Lodha World Towers and ‘Outstanding Project of the Year’ for Palava. Lodha Group’s future is focused on expanding its reach, delivering luxury properties, and continuing to drive sustainable growth in the real estate sector.

History

Lodha Group, officially known as Lodha Developers Limited, was founded in 1980 by Mangal Prabhat Lodha, a businessman and politician. Initially, the company operated under the name Macrotech Developers. Over the years, it has become one of India’s leading real estate developers, with a significant presence in residential, commercial, and mixed-use developments across Mumbai, Thane, Hyderabad, Pune, Bengaluru, and London.

In September 2007, Deutsche Bank made an investment of ₹1,640 crore (US$194 million) by subscribing to the compulsorily convertible debentures of Lodha’s subsidiary, Cowtown Land Development Limited. This marked a significant milestone in the company’s growth trajectory.

In May 2010, Lodha Group emerged as the highest bidder for a 22.5-acre plot in Wadala, Mumbai, acquiring the land for ₹4,053 crore (US$479 million) from the Mumbai Metropolitan Region Development Authority (MMRDA). This land acquisition was pivotal for the company’s future developments.

The company’s expansion continued with notable acquisitions. In December 2012, Lodha Group purchased Washington House, a residential building owned by the US consulate on Altamont Road, for ₹341.82 crore (US$40 million). This property was later developed into Lodha Altamount. Additionally, Lodha acquired 17 acres of prime land in Mumbai from DLF for ₹2,700 crore (US$319 million), nearly four times higher than the price at which DLF had purchased the land in 2005.

In November 2013, Lodha Group acquired Macdonald House, a seven-storey building in central London, from the Government of Canada for ₹3,120 crore (US$369 million). The company also purchased 87 acres of land in Thane from Clariant Chemicals India for ₹1,102.5 crore (US$130 million).

In May 2016, Lodha Group received an investment of ₹425 crore (US$50 million) from Piramal Fund Management for one of its projects. In September 2019, it was announced that Lodha was selling 7 lakh sq ft of office space in Mumbai to Singapore-based Varde Partners for ₹1,100 crore (US$130 million).

Lodha Group went public with an Initial Public Offering (IPO) on 7 April 2021 and was listed on the National Stock Exchange of India and Bombay Stock Exchange on 19 April 2021. The company’s rating was upgraded by India Ratings and Research (Ind-Ra) and Moody’s, reflecting the company’s growing financial stability.

Lodha Group has formed several key partnerships, including with Donald Trump for the development of Trump Tower Mumbai, a 77-storey residential tower in Lower Parel, Mumbai. The company has also collaborated with celebrities such as Aishwarya Rai, Amitabh Bachchan, Akshay Kumar, and Twinkle Khanna to represent its brand.

In recent years, Lodha Group has focused on developing large-scale urban projects like Palava City, an integrated smart city near Mumbai, which showcases the company’s commitment to sustainable and future-focused developments.

The Ministry of Corporate Affairs (MCA) approved the renaming of Macrotech Developers to Lodha Developers Limited, effective 16 June 2025. In 2025, the company relocated its corporate headquarters to One Lodha Place in Worli, Mumbai. Designed by renowned architects Pei Cobb Freed & Partners, the building is India’s largest office space powered entirely by renewable energy and holds a LEED Platinum certification for sustainability.

Portfolio

Lodha Group, officially known as Lodha Developers Limited, has developed a broad portfolio encompassing luxury residential, commercial, and integrated township projects.

In the luxury residential sector, some of Lodha’s flagship projects include Lodha World One, a 280-metre, 76-storey skyscraper in Lower Parel, Mumbai, which is one of the tallest residential buildings in India. Another prominent residential project is Lodha Park, an 18.5-acre development in Worli, Mumbai, consisting of five 76-storey towers, including Lodha Trump Tower in collaboration with The Trump Organization. Lodha Altamount, a 43-storey residential tower on Altamont Road, Mumbai, offers luxury living with a black glass façade, while Lodha Bellissimo, a twin-tower project in Mumbai, comprises 53 floors and is known for its panoramic city views. Lodha Villa Imperio in Palava City offers luxurious villas, while Lodha New Cuffe Parade in Mumbai and Lodha Élanor in Thane provide modern, high-end residential options. The Lodha Vero project in Mumbai focuses on delivering superior living experiences with contemporary designs. Additionally, Lodha Upper Thane is a township development near Dombivli, offering a range of residential properties, and Lodha Massimo and Lodha Altus provide premium apartments in Mumbai.

Lodha Group is also well known for its integrated township developments, the most prominent being Palava City, an approximately 5,000-acre smart city near Dombivli, Maharashtra. This development features residential, commercial, and recreational spaces with a strong emphasis on sustainability and modern infrastructure, catering to the evolving needs of urban living.

In the commercial space sector, One Lodha Place in Worli, Mumbai, is a key development. It is India’s largest office building powered entirely by renewable energy and holds a LEED Platinum certification for sustainability. This marks Lodha’s commitment to environmentally friendly practices in its commercial projects.

Internationally, Lodha Group has also made significant strides. One of its key international developments is No.1 Grosvenor Square in London, offering luxury residential spaces in one of the city’s prime locations.

Lodha Group’s portfolio is complemented by various awards and recognitions, including being named Top Developer of the Year for Lodha World Towers at the Times Real Estate Icons West India (2020), and Outstanding Project of the Year (National Category) for Palava at the Golden Brick Awards, Dubai (2019). The company also received a CNBC Awaaz Real Estate Award for Lodha Altamount (2018) and the Global Leadership in Real Estate Award at the NDTV Property Awards (2014).

Leadership Team

Deepak Chitnis | Chief Designer
Janhavi Sukhtankar | President – Human Resources
Piyush Vora | HOD – Business Development
Prashant Bindal | Chief Sales Officer
Rajesh Agrawal | President – Procurement
Rajesh Sahana | Chief Customer Officer
Rajib Das | President – Eastern Suburbs & Navi Mumbai
Raunika Malhotra | CEO – Bangalore
Satish Shenoy | President – Marketing and Corporate Communications
Sanjyot Rangnekar | COO – South Mumbai, Bangalore & Pune
Shaishav Dharia | Company Secretary and Compliance Officer

References

Lodha Group | Lodha Group
Lodha Group | Wikipedia
Lodha Developers Ltd share price | Screener
Lodha Developers Limited Share Price Today, Stock | NSE
Lodha Developers Ltd. – Share/Stock Price | MoneyControl
Lodha – List of subsidiary.pdf | Indian Ratings
Lodha Group – 2025 Company Profile & Team | Tracxn
Lodha Group | Lodha Developers, Real Estate & Builders | Realtytantra
Lodha | Real Estate Developers And Builders In India | Star Estate
The House of Abhinandan Lodha: India’s Largest Real Estate | The House of Abhinandan Lodha
Completed Projects by Lodha Group | PropTiger
Lodha Group Company Overview | LeadIQ

412, Floor- 4, 17G Vardhaman Chamber Cawasji Patel Road, Horniman Circle, Fort Mumbai MH IN 400001

Website https://www.lodhagroup.com/

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