Real Estate Management and Development
Company Overview of Lodha Developers Private Limited
Lodha Developers Private Limited provides real estate development services in India and the United Kingdom. It develops and sells residential and commercial properties, including homes, office spaces, IT parks, townships, weekend retreats, and retail spaces. The company was founded in 1980 and is based in Mumbai, India with additional offices in London, Dubai, and Shanghai.
N.M. Joshi Marg
Mumbai, 400 011
Founded in 1980
Key Executives for Lodha Developers Private Limited
Managing Director, Director, Member of Management Committee, Member of Compensation Committee, Member of Shareholders/Investors Grievance Committee and Member of Allotment Committee
Founder, Chairman, Chairman of Management Committee, Member of Audit Committee, Member of Compensation Committee and Member of Allotment Committee
Compensation as of Fiscal Year 2014.
Lodha Developers Private Limited Key Developments
Lodha Developers Seeks Acquisitions
May 19 15
Lodha Developers Private Limited is seeking acquisitions. “We continue to look at new acquisition opportunistically," Abhishek Lodha, Managing Director of Lodha Developers, said in an emailed response, reported MINT.
Lodha Developers Private Limited Presents at 10th Annual India Investment Forum, Sep-25-2014 08:30 AM
Sep 22 14
Lodha Developers Private Limited Presents at 10th Annual India Investment Forum, Sep-25-2014 08:30 AM. Venue: The Pierre, 2 East 61 st Street at Fifth Avenue, New York, NY 10065, United States. Speakers: Anurag Ramesh Mal Singhvi, Chief Financial Officer.
Lodha Plans To Invest $5 Billion In London Real Estate
Sep 22 14
Lodha Developers Private Limited is launching an aggressive drive to become one of the biggest investors in London’s residential property market with plans to spend as much as $5 billion by the end of 2018. Abhishek Lodha, Managing Director, said he planned to take on local incumbents such as The Berkeley Group Holdings plc (LSE:BKG) and Barratt Developments plc (LSE:BDEV) with a push to acquire properties that he described as “the largest foreign direct investment in the UK housing space ever”. Lodha said he now planned to spend about $3 billion acquiring new assets, alongside a further $2 billion for construction, to develop a slate of properties ranging from super-prime to mid-market. “We want to be among the top two developers in London in the next five years,” he said, “Our idea is to make significant investments, which will come out of the cash flows we are generating here in Mumbai.” “If we can keep growing in London and Mumbai, and that is enough to reinvest our profits, then there is no reason to be elsewhere,” Lodha said. He believed London buyers would have “no problem” purchasing properties from an Indian company, he added, given the group planned to build a “local business”, rather than acquiring an existing UK developer, initially by expanding its 15 staff to “around 25” by the end of 2014. “It is going to be based in London, operated out of London, run by people who know London,” Lodha said. “So the fact that it has shareholders operating elsewhere around the globe doesn’t make a difference.”
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