The high-stakes conflict between real estate tycoons Abhishek and Abhinandan Lodha has escalated, prompting their mother, Manju Lodha, to make a heartfelt plea for reconciliation. As the legal battles intensify, the family's unity hangs in the balance.
Real EstateLodha GroupFamily ConflictBusiness DisputeSuccession PlanningReal EstateFeb 28, 2025
The main cause of the conflict is the lack of a clear succession plan following the death of their father, Niranjan Lodha, leading to a power struggle over control of the Lodha Group.
Manju Lodha, the mother of Abhishek and Abhinandan, has made a heartfelt plea for her sons to reconcile and end their legal and business disputes.
The legal battles could erode the company's market position, damage its reputation, and hinder its future growth prospects in the competitive real estate sector.
The Lodha Group is one of the largest and most influential real estate companies in India, known for developing high-profile residential and commercial projects in major cities.
The business community is concerned about the potential impact of the conflict on the Lodha Group and the broader real estate market, emphasizing the need for a resolution to preserve the company's future.
The Maharashtra Real Estate Appellate Tribunal (MREAT) has set aside a conditional interest payment order by MahaRERA, directing ITMC developers to pay a 2% interest on outstanding amounts without any concessions.
Marriott International, Radisson Hotel Group, and Wyndham are collaborating with real estate developers to launch branded residences in Indian cities such as Goa, Dharamshala, and Gurgaon.
India's real estate investment trusts (REITs) are poised to transform the commercial real estate landscape with a staggering Rs 4.5 lakh crore worth of prime office stock, according to a recent Vestian report.
India's luxury housing market has shown a significant surge, recording a 53% year-over-year growth in 2024. The premiumisation of offerings is expected to remain a strong trend, driven by increasing demand for high-end amenities and prime locations.
Nithin Kamath, co-founder of Zerodha, has ignited a debate by proposing that real estate prices should be tied to air quality. He argues that properties in high-pollution areas should see lower valuations due to the associated health risks.
Mumbai Stands 7th on Prime Global Cities Index Q4 2024, Reveals Knight Frank Report. The robust commercial real estate market in India continues to attract significant attention.