The long-standing dispute between real estate moguls Abhishek Lodha and Abhinandan Lodha has escalated with a Rs 5,000 crore lawsuit over the 'Lodha' trademark. Here’s a detailed timeline of the events leading to the current legal battle.
Real EstateTrademark DisputeAbhishek LodhaAbhinandan LodhaMacrotech DevelopersReal Estate NewsJan 23, 2025
The main issue is a trademark dispute over the use of the ‘Lodha’ name in their respective businesses. Abhishek Lodha’s Macrotech Developers claims exclusive rights to the ‘Lodha’ brand, while Abhinandan Lodha’s House of Abhinandan Lodha (HoABL) continues to use the name.
The dispute started in 2017 when Abhinandan Lodha left the family business to start his own firm, the House of Abhinandan Lodha (HoABL). The tension escalated over the use of the ‘Lodha’ brand.
Macrotech Developers filed a Rs 5,000 crore lawsuit against HoABL in the Bombay High Court on January 20, seeking to prevent HoABL from using the ‘Lodha’ name. The hearing is scheduled for January 27.
The initial settlement in 2017 involved Abhinandan Lodha leaving the family business with a payout of approximately Rs 10,000 crore, while Abhishek Lodha and his parents were left with Rs 20,000 crore in debt.
HoABL has performed well, with projects at 16 locations, 12 million sqft sold, and another 38 million sqft under development. Their gross sales have exceeded Rs 6500 crore to over 7000 customers across 25 countries, 23 states, and 107 cities.
The top nine cities in India, including Pune and Thane, are expected to witness a 13% drop in new housing supply and a 2% decline in sales in the April-June period compared to last year.
China aims to create a more stable and regulated real estate market by accelerating its efforts in restructuring the industry, eliminating high debt levels, rapid turnover, and excessive leverage.
Together, these initiatives position IITL at the forefront of India's evolving real estate and housing finance sectors.
The Enforcement Directorate (ED) has conducted over 110 searches and frozen assets worth Rs 2426.18 crore in the Mahadev Betting Scam. Around 12 people have been arrested in connection with the case so far.
Nearly 17 years after entering the affordable housing market, Mahindra and Mahindra Financial Services is undergoing a significant restructuring of its housing finance business. The focus is now on mid-market and prime mortgages to de-risk and diversify t
The real estate market in India's top nine Tier 1 cities is now valued at over ₹5.5 lakh crore, with significant growth and regulation under RERA. Discover how RERA has transformed the industry.