Brothers Lodha: No Unsettled Claims, Mother's Letter Urges Peace
In a heartfelt letter, Manju Lodha, the mother of Abhishek and Abhinandan Lodha, asserts that there are no valid claims between the brothers and urges them to resolve their dispute amicably. The letter, dated 21 February, comes amidst a legal battle over
LodhaReal EstateFamily DisputeAbhishek LodhaAbhinandan LodhaReal Estate NewsFeb 27, 2025
The letter, dated 21 February, addresses the claims and counter-claims that have been made by both brothers regarding the shareholding and ownership of each other's businesses.
Manju Lodha, in her letter, stated that she and her late husband had thoroughly discussed the claims by both sons.
“We confirm that both of you have no right of any form in the other brother's business or assets or shareholding,” she wrote.
The family arrangement within the leading real estate firm, Macrotech Developers, was documented in an agreement on 31 March 2017.
This statement directly challenges Abhinandan’s claim that he has unsettled dues from his brother as per the family settlement agreement.
Last month, Abhinandan told Mint, “(I was to get my) rightful share in the future post the IPO of the real estate business.
Unfortunately, after my exit, the commitments and payments that were to be made to me have not been honoured despite various promises being made until recently.”
Abhishek Lodha, the managing director of Macrotech Developers, controls a significant stake in the company, which is known for its upmarket real estate projects in Mumbai.
The family holds almost 72% of the shares in the listed firm, which has a market capitalization of ₹1.19 trillion as of Thursday.
Abhinandan Lodha, on the other hand, started his own real estate venture, The House of Abhinandan Lodha, after exiting the family business in 2015.
When contacted, a spokesperson for Abhinandan Lodha expressed disappointment that the letter, which was addressed to the brothers, was being shared with people outside the family.
“It is disappointing that a letter addressed by a mother to her children is being shared for ulterior motives and to create a false narrative,” the spokesperson said.
“Abhinandan Lodha believes that family matters should not be settled in public.
He has maintained a dignified silence for over 10 years and hopes that his family honours all the commitments made to him.”
Abhishek Lodha, in response to the letter, stated that he respects his mother’s words and will abide by them.
“The 2017 agreement clearly states that the Lodha real estate business and its IPR, including the trade name ‘Lodha,’ is owned by and will exclusively be used by Macrotech/Lodha Developers,” he said in an email to Mint.
“I wish my younger brother, Abhinandan, all success in his business.
I hope that he brings an end to this dispute by implementing the 2017 agreement and starts using a distinct and separate identity which does not lead to any confusion with our highly recognized and valuable brand name—Lodha.”
The dispute between the Lodha brothers first came to light earlier this year when Macrotech Developers moved the Bombay High Court in January to restrict The House of Abhinandan Lodha from using the Lodha name.
Macrotech Developers claimed that the use of the Lodha name by the House of Abhinandan Lodha was leading to confusion among customers.
The company provided several examples of this apparent confusion, including an alleged WhatsApp conversation between a former top banker and Abhishek Lodha.
In the conversation, the banker asked Abhishek about hoardings for bungalows in Alibagh, which Abhishek clarified were advertisements by the House of Abhinandan Lodha and not related to Macrotech Developers.
According to the family agreement signed in March 2017, the Lodha brand was to be transferred to Lodha Developers Pvt.
Ltd., which has since been renamed Macrotech Developers.
Abhinandan Lodha’s new business was to develop a distinct identity “clearly differentiated from the Lodha real estate business” but could advertise itself as an “Abhinandan Lodha venture/project.”
On 31 January, the Bombay High Court directed the two brothers to settle the dispute under mediation through former Supreme Court judge R.V.
Raveendran.
The court has granted the mediator five weeks to facilitate a resolution, and the next hearing is scheduled for 21 March.
Frequently Asked Questions
What is the main issue between Abhishek and Abhinandan Lodha?
The main issue is a dispute over the use of the Lodha brand and claims of unsettled dues from a family settlement agreement. Abhishek Lodha, the managing director of Macrotech Developers, claims exclusive rights to the Lodha brand, while Abhinandan Lodha, who started his own real estate venture, claims he has unsettled dues and the right to use the Lodha name.
What did Manju Lodha say in her letter to her sons?
Manju Lodha stated in her letter that both brothers have no valid claims on each other’s business or assets and urged them to resolve their dispute amicably. She confirmed that the arrangement within the family was documented in an agreement on 31 March 2017.
What did Abhishek Lodha say in response to the letter?
Abhishek Lodha said he respects his mother’s letter and will abide by it. He reasserted that the 2017 agreement clearly states that the Lodha brand is owned by and will exclusively be used by Macrotech Developers.
What action has Macrotech Developers taken against The House of Abhinandan Lodha?
Macrotech Developers moved the Bombay High Court in January to restrict The House of Abhinandan Lodha from using the Lodha name, claiming it was causing confusion among customers. The company provided examples of such confusion in its court petition.
What is the current status of the dispute resolution process?
The Bombay High Court has directed the brothers to settle the dispute through mediation facilitated by former Supreme Court judge R.V. Raveendran. The court has granted the mediator five weeks to facilitate a resolution, and the next hearing is scheduled for 21 March.
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