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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.
According to Forbes, as of June 2024, he is ranked as the 14th richest person in India, with a net worth of about US$13.5 Billion. [6] [7] In October 2024, Lodha was ranked 19th on Forbes list of India’s 100 richest tycoons, with a net worth of $11.4 billion. [8]
The first phase of Palava City, spread over approximately 300 acres (120 ha), was completed in 2016. By 2016, the company had sold 1,350 homes worth ₹690 crore within the township of Palava. [6] The handover of 18,026 units to the customers was completed by December 2017. The second phase of the development began in 2014. [7] [8] [9]
South Asia ranking World ranking Name Net worth () Citizenship Residence Source(s) of wealth 1: 9: Mukesh Ambani: 116 billion: Mumbai: Reliance Industries: 2
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]
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). Lodha Park consists of 5 towers, each ...
Amit Lodha (Hindi: अमित लोढ़ा) (born 22 February 1974) is a 1998 batch Indian Police Service (IPS) officer of Bihar Cadre, currently serving as Inspector General of SCRB [State Crime Record Bureau] Bihar. He has received several awards for his work.
The Lodha Group opened bookings for apartments at World One [22] on 29 November 2011. When the first round of bookings closed on 14 December 2014, Lodha had received ₹ 5 billion (US$58 million) worth of bookings, at an approximate rate of over ₹ 70,000 (US$810)– ₹ 80,000 (US$920) per sq ft.