Corporate Dispute Over Trademarks: Abhishek Lodha Speaks Out
Realty firm Macrotech Developers MD Abhishek Lodha has clarified that the legal battle with House of Abhinandan Lodha (HoABL) is a corporate issue, not a personal one. The dispute centers around the use of the 'Lodha' trademark.
Real EstateTrademarkLegal DisputeAbhishek LodhaMacrotech DevelopersReal EstateJan 26, 2025
The lawsuit is centered on the infringement of Macrotech's trademarks, specifically the 'Lodha' and 'Lodha Group' names.
In an interview with PTI, Abhishek Lodha emphasized that while he has no issues with his brother doing real estate business, the company has a duty to protect its trademarks.
Macrotech Developers is a leading real estate firm listed on stock exchanges and is known for delivering high-quality projects across the country.
HoABL, on the other hand, is focused on plotted developments in various cities, including Ayodhya.
Frequently Asked Questions
What is the main reason for the lawsuit between Macrotech Developers and HoABL?
The main reason for the lawsuit is the alleged infringement of Macrotech Developers' trademarks, specifically the 'Lodha' and 'Lodha Group' names, by HoABL.
Who is Abhinandan Lodha, and what is his relationship with Macrotech Developers?
Abhinandan Lodha is the younger brother of Abhishek Lodha, the MD of Macrotech Developers. He left Macrotech Developers in 2015 to start his own real estate company, HoABL.
What does Abhishek Lodha say about his relationship with his brother Abhinandan?
Abhishek Lodha has stated that he has a lot of affection for his brother and has supported him, but the legal dispute is purely a corporate issue and not a personal one.
How has Macrotech Developers performed financially in the recent quarter?
Macrotech Developers reported an 88% increase in net profit to Rs 944.4 crore for the quarter ended December, with total income rising to Rs 4,146.6 crore.
What is Macrotech Developers' current development portfolio?
Macrotech Developers has delivered approximately 100 million square feet of real estate and is currently developing over 110 million square feet under its ongoing and planned portfolio.
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