Abhishek Lodha on Macrotech's Brand Dispute and Real Estate Trends
Abhishek Lodha, Managing Director and CEO of Macrotech Developers, discusses the ongoing brand name dispute with his brother and shares insights on real estate market trends, including price growth and demand in the Mumbai Metropolitan Region (MMR).
Macrotech DevelopersAbhishek LodhaReal Estate MarketMumbai Metropolitan RegionBrand DisputeReal EstateJan 27, 2025
In an interaction with CNBC-TV18, Abhishek stated, “I do not wish to wash dirty linen in public,” while emphasizing that consumers should not be confused about who is authorized to use the brand.
Abhishek pointed out that the family agreement, formalized in March 2017, explicitly states that all intellectual property rights (IPR), trademarks, and copyrights belong to Macrotech Developers.
The ₹5,000 crore trademark lawsuit filed in the Bombay High Court aims to prevent the House of Abhinandan Lodha (HoABL) from using the 'Lodha' name in any form.
The dispute originated in 2015 when the Lodha brothers decided to part ways.
The family settlement agreement included a non-compete clause prohibiting Abhinandan Lodha from engaging in real estate activities in the Mumbai Metropolitan Region (MMR) for five years and in Greater London for designated periods.
In addition to the legal battle, Abhishek outlined the demand and pricing trends in the real estate market post-Q3.
He expects a 5-7% price growth in the MMR for fiscal year 2026 (FY26).
This growth is expected to be 200-300 basis points (bps) below wage growth, which will enhance affordability for homebuyers and ensure moderate value appreciation for existing homeowners.
Macrotech Developers is confident about achieving its 2025 fiscal year (FY25) revenue guidance of ₹17,500 crore.
Highlighting the resilience of the real estate market, Abhishek mentioned that the sector is in the midst of a 15-year growth cycle and is currently in its fourth year of an upcycle.
He dismissed concerns about urban slowdowns, emphasizing that demand in urban areas remains robust.
Macrotech's revenue for the October-December 2024 quarter stood at ₹4,083 crore, a 39% increase over the previous year.
The company's current market capitalization is ₹1,09,762.74 crore, and its shares have gained more than 6% over the last year.
Macrotech Developers is a leading real estate company in India, known for its commitment to delivering high-quality residential and commercial projects.
The company has a strong presence in major cities, particularly in the Mumbai Metropolitan Region, and is dedicated to sustainable growth and customer satisfaction.
Frequently Asked Questions
What is the main issue in the brand dispute between Abhishek and Abhinandan Lodha?
The main issue is the use of the 'Lodha' brand. Abhishek Lodha, Managing Director and CEO of Macrotech Developers, claims that all intellectual property rights, including trademarks and copyrights, belong to Macrotech Developers as per a family agreement. Abhinandan Lodha is restricted from using the 'Lodha' name in real estate activities in specific regions.
What are the expected price growth trends in the Mumbai Metropolitan Region (MMR) for FY26?
Abhishek Lodha expects a 5-7% price growth in the MMR for fiscal year 2026 (FY26). This growth is expected to be 200-300 basis points (bps) below wage growth, enhancing affordability for homebuyers.
What is Macrotech Developers' revenue guidance for FY25?
Macrotech Developers is confident about achieving its revenue guidance of ₹17,500 crore for the 2024-25 fiscal year (FY25).
How has Macrotech's performance been in the recent quarter?
Macrotech's revenue for the October-December 2024 quarter was ₹4,083 crore, marking a 39% increase over the previous year. The company's market capitalization is ₹1,09,762.74 crore, and its shares have gained more than 6% over the last year.
What is Abhishek Lodha's outlook on the real estate market in urban areas?
Abhishek Lodha believes that the real estate market is in the midst of a 15-year growth cycle and is currently in its fourth year of an upcycle. He dismisses concerns about urban slowdowns, emphasizing that demand in urban areas remains robust.
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