gfiles magazine

December 19, 2013

EXPOSE | LODHA: Big boss of Real Estate Market !

real estate lodha/mumbai

Big boss of Indian Real Estate Market

Who is the ultimate big boss of Indian Real Estate market?

This question becomes all the more relevant at a time when the Indian real estate market is in the dumps, developers are reeling under a liquidity crunch and demand is spiraling downwards. At a time almost half of Mumbai's under-construction properties are going unsold, from where is the unlisted Lodha group getting all the money to buy all the prime real estate parcels. The manner in which Group has expanded from virtually zero to 35 million square feet of real estate with over 30 projects from Napean Sea Road to Dombivali in... Read More

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