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Lodha Developers News
Lodha to exit UK property mkt; to sell 2 projects in London for Rs 4,200 cr
Wed, Nov 28, 2018
Realty major Lodha Developers will exit the UK property market and is in advanced stage to sell two of its residential projects in central London for about Rs 4,200 crore, a top company official said Wednesday.
MP Lodha pips DLF’s KP Singh to become India’s richest realtor
Thu, Nov 22, 2018
Gautam Adani and family, who recently ventured into real estate through Adani Realty and were missing last year in the list, have made their mark in this year’s edition by featuring on the 20th position and having wealth of Rs 2,720 crore.
Lodha Developers takes to affordable housing in Mumbai as IPO looms
Thu, Jul 19, 2018
It is affordable housing that is driving Lodha Developers business as close to 80% of the homes being sold are in this segment. “With the recent Credit Linked Subsidy Scheme announced by the government on affordable housing, some of our projects qualify for the benefits. A buyer gets subsidy and we get tax holiday for a period of five years,” said an executive from the company.
Dalal Street ready for Rs 14,000-cr IPOs
Sun, Jul 15, 2018
The IPO lane is getting busy as at least seven companies, including Lodha Developers and HDFC Mutual Fund, are expected to hit the capital market in the coming week to raise over Rs 14,000 crore.
Lodha Developers cuts debt by Rs 400 crore in Q1
Sun, Jul 23, 2017
Buoyed by record sales bookings and collection of Rs 2,300 crore and Rs 2,600 crore, respectively, during April- June quarter, Mumbai-based developer targets to cut debt of India business by up to Rs 1,500 crore this fiscal.
Budget 2017: Affordable housing policy credit positive for Lodha, Indiabulls Real Estate
Mon, Feb 06, 2017
In the Budget 2017, the base year for the calculation of capital gains with indexation benefits has changed to 2001 from 1981.
Moody's downgrade Lodha Developers rating to B2
Thu, Jan 26, 2017
Saranga Ranasinghe a Moody's Assitant Vice President and analysts said, “The downgrades reflects our expectation that the operating environment for the Indian real estate sector will continue to remain weak post the demonetisation exercise that tool place in November 2016. Weak operating conditions will continue to pressure LDPL's sales performance over the next 12-18 months.”
Most expensive real estate deal: Jindal Drugs' owner buys triplex worth over Rs 220 crore
Fri, Jul 08, 2016
The cost of 37th floor is Rs 58.16 crore, 38th floor is 59.15 crore and 39th floor is Rs 90.26 crore