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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 House of Abhinandan Lodha was founded in 2021 by Abhinandan Lodha, [2] [3] who previously served as the Deputy Managing Director at Lodha Group, [4] [5] a real estate company also based in Mumbai. [6] The company operates as a subsidiary of Lodha Ventures, [7] which was founded by Abhinandan Lodha in 2015. [8]
Mangal Prabhat Lodha (born December 1955 [1] [2]) is an Indian billionaire businessman and politician. He is the minister of the Ministry of Tourism and of the Ministry of Skill Development and Entrepreneurship (Maharashtra) . [ 3 ]
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Lodha Park is an 18.5-acre (7.5 ha) luxury residential skyscraper project which was developed by the Lodha Group in the upscale Lower Parel neighborhood of Mumbai, Maharastra, India. The land for the project was purchased from DLF Limited in 2012 for approximately ₹ 2,800 crore ( ₹ 28,000,000,000).