In a dramatic saga that saw the Lodha family's real estate empire nearly crumble, the longstanding dispute between brothers Abhishek and Jayant Lodha has finally been resolved. This article delves into the details of the conflict and what the settlement entails.
Lodha GroupReal EstateFamily FeudSettlementIndian BusinessReal EstateApr 15, 2025
The main issue was the division of assets and control over the family's real estate holdings, with Abhishek Lodha accusing Jayant of mismanagement and financial impropriety, while Jayant claimed he was being sidelined.
The dispute was resolved through mediation and negotiations, resulting in a settlement that involved a significant financial payout to Jayant and a clear demarcation of business responsibilities.
The settlement is believed to involve Jayant Lodha retaining a stake in certain properties and business ventures, allowing him to pursue his interests separately from the Lodha Group.
The resolution is expected to boost investor confidence and allow the Lodha Group to focus on its core business, potentially leading to new growth opportunities and expanded market presence.
The settlement sets a precedent for other family-owned businesses, emphasizing the importance of clear governance structures and early conflict resolution mechanisms to avoid similar disputes.
A shocking case of land scam has come to light in Rajkot, where a man posed as a landowner and sold a property worth Rs 30 crore to an unsuspecting buyer.
Prestige Group, a renowned real estate developer, has recently secured additional land in Mumbai to expand its portfolio of residential developments. This strategic move will further solidify Prestige's position in the Mumbai property market.
Police in Mumbai have apprehended two individuals involved in a heinous crime where they tied up and stole gold and ₹1.5 lakh from an 80-year-old woman and her helper. The suspects, known for their involvement in real estate, already have a history of che
The State Transport Minister has announced significant opportunities for real estate development, particularly in rural areas, during the NAREDCO NextGen Conclave 2025.
Dubai's real estate market is attracting a significant number of Indian investors due to its high rental yields and stable economic environment. This article explores the reasons behind this trend and the benefits of investing in Dubai's property market.
Runwal Realty, a leading real estate developer, has revealed a fresh brand identity along with the appointment of Bollywood star Sonam Kapoor as its brand ambassador. The new brand philosophy, 'Building Dream Spaces for Dream Lives,' marks a significant transformation in the company's approach to real estate development.