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Lodha Group was established by 1980 by Mangal Lodha, a businessman [10] and politician, who serves as Member of Legislative Assembly. [11]In September 2007, the Deutsche Bank made an investment of ₹ 1,640 crore (US$189 million) by subscribing to the compulsorily convertible debentures (CCDs) of Lodha's subsidiary, Cowtown Land Development Limited.
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The company operates as a subsidiary of Lodha Ventures, [7] which was founded by Abhinandan Lodha in 2015. [8] HOABL focuses on land development projects in various locations, including Alibaug, Anjarle, Dapoli, and Neral in Maharashtra, as well as Ayodhya and Goa. [9] The company launched its first project in April 2021 in the Konkan region of ...
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The company is run by his elder son, Abhishek Lodha. [11] Lodha Developers' shares started trading on NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) on 19 April 2021. [12] His younger son, Abhinandan Lodha founded Lodha Ventures in 2015 and The House of Abhinandan Lodha which was founded in 2021.
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Lodha Altamount is a postmodern luxury residential skyscraper project located in the billionaires row of Mumbai, India. Designed by Hadi Teherani, it has an all-glass black façade. [3] Lodha Group acquired the land from the US consulate for ₹341.8 crore, surpassing the bids made by Mahindra Lifespaces and TATA Housing. [4]