Ex-Director of Lodha Developers Arrested for Alleged Fraud in Mumbai
Rajendra Lodha, a former director of Lodha Developers, has been arrested by the Mumbai Crime Branch for his alleged involvement in a fraud case. The company confirms his resignation and ongoing investigation.
FraudLodha DevelopersRajendra LodhaMumbaiReal EstateReal Estate MumbaiSep 17, 2025
Lodha's alleged involvement in the fraud came to light during the ongoing investigation, leading to his arrest. He was subsequently produced in court, which remanded him in police custody until September 23.
Rajendra Lodha had resigned from his position as director of Lodha Developers last month after the company’s ethics committee reviewed his conduct. The company has stated that further probe into the case is underway.
In a statement, Lodha Developers emphasized their strict zero-tolerance policy towards any misconduct, regardless of the seniority or position of the individual involved. They noted, “At the company’s request, Mr Rajendra Lodha resigned from all positions held within the organization on August 17, 2025. For the sake of transparency, we note that he is a distant relative (fourth-degree) of the company’s Managing Director and CEO.”
Lodha Developers, one of India’s leading real estate developers, is known for its commitment to ethical practices and transparency. The company has a robust ethics committee that reviews and acts on any allegations of misconduct. This recent arrest and the company's swift action highlight their dedication to maintaining high standards of integrity in their operations.
The real estate sector in Mumbai is highly competitive and regulated. Any instance of fraud can have significant repercussions, not only for the individuals involved but also for the reputation of the company and the industry as a whole. Lodha Developers' proactive approach to addressing such issues is commendable and sets a positive example for other companies in the sector.
Frequently Asked Questions
Who is Rajendra Lodha?
Rajendra Lodha is a former director of Lodha Developers, a leading real estate company in India. He was arrested for his alleged involvement in a fraud case.
Why was Rajendra Lodha arrested?
Rajendra Lodha was arrested for his alleged role in a fraud case. The investigation by the Mumbai Crime Branch uncovered his involvement, leading to his arrest.
When did Rajendra Lodha resign from Lodha Developers?
Rajendra Lodha resigned from his position as director of Lodha Developers on August 17, 2025, after the company’s ethics committee reviewed his conduct.
What is Lodha Developers' policy on misconduct?
Lodha Developers maintains a strict zero-tolerance policy towards any misconduct, irrespective of the seniority or position of the individual concerned.
What is the status of the investigation?
The investigation into the alleged fraud is ongoing. Rajendra Lodha has been remanded in police custody, and further probes are being conducted.
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