Lodha Group
Lodha Group is an Indian real estate development and construction group known for residential, commercial, mixed-use and township projects in India and London.
Last updated August 31, 2026
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Overview
Lodha Group, also known as Lodha or Lodha Developers, is an Indian real estate development and construction group headquartered in Mumbai. Established in 1980 by Mangal Prabhat Lodha, the business developed from a Mumbai-focused property company into a large developer with residential, commercial, luxury and integrated township projects. Its activities have included land acquisition, development of high-rise housing, office properties, mixed-use districts and large-scale urban infrastructure. The group’s principal Indian markets have included Mumbai and the wider Mumbai Metropolitan Region, Thane, Pune, Hyderabad and Bengaluru. It has also undertaken a London property project, reflecting an expansion beyond its original Mumbai base. The company’s portfolio includes premium and luxury residential developments such as Lodha Altamount, Lodha Bellissimo, Lodha Park and Lodha World Towers, as well as commercial and mixed-use developments. It is also associated with Palava, an integrated township and planned city in the Dombivli area near Mumbai. Palava was presented as a large-scale urban development combining housing, commercial space, infrastructure and community amenities rather than as a conventional single residential project. Several acquisitions and land transactions shaped the group’s growth. In 2007, Deutsche Bank invested in a subsidiary through compulsorily convertible debentures. In 2010, the group became the highest bidder for a major parcel at Wadala in Mumbai. It subsequently acquired properties including Washington House on Altamount Road, which was redeveloped as Lodha Altamount, and Macdonald House in central London. The group also acquired land in Thane from Clariant Chemicals India and purchased a Mumbai parcel from DLF. These transactions supported its strategy of assembling high-value development sites in established urban locations. Lodha has used partnerships and branded collaborations to position selected projects in the premium and luxury segments. In 2013, it partnered with Donald Trump for Trump Tower Mumbai, a high-rise residential development in Lower Parel. The group has also used public-facing celebrity associations, including collaborations involving Aishwarya Rai, Amitabh Bachchan, Akshay Kumar and Twinkle Khanna, according to the referenced account. In 2021, Tata Power partnered with the group to establish electric-vehicle charging facilities in housing societies and offices. The company entered the public markets under the Macrotech Developers name. Its initial public offering opened in April 2021, and the company was listed on the National Stock Exchange of India and BSE Ltd. on 19 April 2021. In June 2025, Macrotech Developers Limited was reported as having been renamed Lodha Developers Limited. The group also moved its corporate headquarters to One Lodha Place in Worli, Mumbai, in 2025. Its present brand identity continues to emphasize large urban developments, premium housing, high-rise architecture, commercial property and township-scale planning.
History
Lodha Group was established in 1980 by Mangal Prabhat Lodha in Mumbai. Its early identity was rooted in the city’s property market, but the group later pursued a broader development model based on premium housing, commercial real estate, large land parcels and integrated urban projects. Mangal Lodha was also a businessman and politician, a combination that made the company’s founder a prominent public figure in Maharashtra. A significant stage in the group’s expansion came in September 2007, when Deutsche Bank invested in Cowtown Land Development Limited, a Lodha subsidiary, through compulsorily convertible debentures. The transaction supplied institutional capital for the group’s development strategy. In May 2010, Lodha became the highest bidder for a 22.5-acre site in Wadala, Mumbai, in a transaction conducted by the Mumbai Metropolitan Region Development Authority. The Wadala acquisition added a major centrally located development opportunity to the company’s land bank. The group continued to acquire strategically located urban properties. In December 2012, it bought Washington House on Altamount Road from the United States consulate. The property was subsequently developed as Lodha Altamount, a luxury residential project. Lodha also bought approximately 17 acres in a prime Mumbai location from DLF. In November 2013, it acquired Macdonald House, a seven-storey property in central London, from the Government of Canada. The London purchase represented an international extension of the group’s property strategy. During the same period, the company acquired 87 acres in Thane from Clariant Chemicals India, supporting its ability to develop large projects in the expanding Mumbai Metropolitan Region. The company’s portfolio became associated with prominent high-rise and luxury developments. Lodha Bellissimo, Lodha Altamount, Lodha Park and Lodha World Towers contributed to the brand’s premium positioning, while Trump Tower Mumbai was developed through a 2013 partnership with Donald Trump. Palava represented a different but complementary direction: an integrated township and planned urban development near Dombivli that combined residential, commercial and civic elements at a much larger scale than an individual tower. Capital partnerships remained part of the group’s growth model. Piramal Fund Management invested in one of its projects in 2016. In 2019, reports described plans to sell roughly 700,000 square feet of Mumbai office space to Varde Partners; the group had also sold a 29-storey Wadala office building to Trent, the retail arm of Tata Group. Such transactions illustrate the company’s use of asset sales alongside development and land acquisition. The group’s credit profile and public-market transition became especially important around 2020 and 2021. India Ratings and Research and Moody’s moved relevant ratings or outlooks to stable in the third quarter of 2020, while Moody’s later changed its outlook to positive following the company’s listing process. The initial public offering opened on 7 April 2021, and the company listed on the National Stock Exchange of India and BSE Ltd. on 19 April 2021 under the Macrotech Developers name. Lodha also expanded its infrastructure partnerships. In September 2021, Tata Power agreed to work with the group on electric-vehicle charging stations for housing societies and offices. This linked the property business with emerging urban mobility infrastructure. In 2025, the corporate headquarters moved to One Lodha Place in Worli, Mumbai. Macrotech Developers Limited was also reported as renamed Lodha Developers Limited in June 2025, reinforcing the alignment between the listed corporate entity and the Lodha consumer-facing brand. The referenced material does not establish a complete account of the group’s current project pipeline beyond these developments.
- 2025
Corporate rebranding and headquarters move
[1]Macrotech Developers is reported as renamed Lodha Developers, and the group moves its corporate headquarters to One Lodha Place in Worli.
- 2021
Public listing
[1]The company completes its IPO process and lists on Indian stock exchanges on 19 April.
- 2013
London and Mumbai expansion
[1]Lodha acquires Macdonald House in London, buys land in Thane and partners on Trump Tower Mumbai.
- 2012
Washington House acquisition
[1]The group acquires Washington House on Altamount Road, later developing Lodha Altamount.
- 2010
Wadala land acquisition
[1]Lodha becomes the highest bidder for a 22.5-acre MMRDA land parcel in Wadala, Mumbai.
- 2007
Institutional investment from Deutsche Bank
[1]Deutsche Bank invests in a Lodha subsidiary through compulsorily convertible debentures.
- 1980
Lodha Group is established
[1]Mangal Prabhat Lodha establishes the real estate group in Mumbai.
Products and positioning
A premium-to-luxury Indian real estate developer focused on large urban projects, high-rise residences, commercial assets and integrated townships, with a strong association with Mumbai and the Mumbai Metropolitan Region.
Luxury residential development
Lodha Altamount
A luxury residential project developed on the former Washington House site on Altamount Road in Mumbai. It is one of the developments most closely associated with Lodha’s premium and high-value urban residential positioning.
High-rise luxury residential development
Lodha World Towers
A prominent high-rise residential development in Mumbai and one of the group’s flagship luxury projects. The development received recognition in the Times Real Estate Icons of West India awards in 2020, including project and developer-related distinctions.
Luxury residential development
Lodha Bellissimo
A premium residential project in the group’s Mumbai portfolio. Lodha Bellissimo is part of the brand’s collection of architecturally distinctive urban residences aimed at affluent buyers.
Residential development
Lodha Park
A major Lodha residential project in Mumbai. It forms part of the group’s portfolio of large, amenity-led urban housing developments and is identified in reference material as one of its notable projects.
Luxury residential tower · 2013
Trump Tower Mumbai
A Lower Parel residential tower developed through Lodha’s partnership with Donald Trump, announced in 2013. The project was positioned as an ultra-premium high-rise development within Mumbai’s central business and residential transformation zone.
Integrated township
Palava
An integrated township and planned urban development near Dombivli in the Mumbai Metropolitan Region. Palava combines residential communities with commercial, infrastructure and civic features, and is intended to function as a broader urban system rather than a single apartment project.
Controversies
Marketing campaigns
- 2013Trump Tower Mumbai partnership
Mumbai · India
Lodha partnered with Donald Trump on the development and branding of Trump Tower Mumbai, an approximately 800-foot, 77-storey luxury residential tower in Lower Parel.
Outcome. The project became one of the group’s most visible branded luxury developments.
- Celebrity brand ambassador associations
India
The group used celebrity associations in its marketing and brand-building, with reference material naming Aishwarya Rai, Amitabh Bachchan, Akshay Kumar and Twinkle Khanna.
Brand decisions
2025
Align the listed company name with the Lodha brandStrategyBackground
The group had operated publicly as Macrotech Developers while using Lodha as its principal consumer-facing real estate brand.
Action taken
Macrotech Developers Limited was reported as renamed Lodha Developers Limited.
Aftermath
The reported change brought the legal corporate name closer to the Lodha brand used across its developments.
2021
Complete public listing under Macrotech DevelopersOtherBackground
The group pursued access to public equity markets and operated through Macrotech Developers Limited.
Action taken
The company opened its IPO on 7 April and listed on the NSE and BSE on 19 April 2021.
Aftermath
The listing made the operating company publicly traded and was followed by a positive change in Moody’s outlook, according to the referenced account.
2021
Partner with Tata Power on EV chargingStrategyBackground
Electric-vehicle adoption created demand for charging infrastructure within residential and commercial developments.
Action taken
Lodha entered a partnership with Tata Power to establish EV charging stations in housing societies and offices.
Aftermath
The partnership connected the property portfolio with emerging urban mobility infrastructure.
2013
Acquire Macdonald House in LondonM&ABackground
The group sought to extend its real estate activity into a major international property market.
Action taken
Lodha acquired Macdonald House, a seven-storey central London building, from the Government of Canada.
Aftermath
The purchase gave Lodha an international asset and marked a visible expansion beyond India.
Reported acquisition value. ₹3,120 crore (November 2013)
2010
Acquire major Wadala development siteStrategyBackground
The Mumbai Metropolitan Region Development Authority offered a 22.5-acre Wadala plot, creating an opportunity to secure a large, centrally located development site.
Action taken
Lodha became the highest bidder for the parcel.
Aftermath
The acquisition strengthened the group’s Mumbai land position and supported subsequent large-scale development activity.
Reported bid value. ₹4,053 crore (May 2010)
Recent events
- 2025
Macrotech Developers changes name to Lodha Developers[1]
Leadership change
Macrotech Developers Limited was reported as renamed Lodha Developers Limited in June 2025.
- 2025
Lodha moves corporate headquarters to One Lodha Place[1]
Other
The group shifted its corporate headquarters to One Lodha Place in Worli, Mumbai.
- 2021
Macrotech Developers launches initial public offering[1]
Other
The company launched its initial public offering in April 2021 and listed on the Indian stock exchanges on 19 April.
- 2021
Tata Power and Lodha collaborate on EV charging[1]
Other
Tata Power entered a partnership with the group to establish electric-vehicle charging stations in residential societies and office properties.
- 2020
Lodha receives stable-rating upgrades[1]
Other
India Ratings and Research and Moody’s changed their relevant outlooks or ratings for the group to stable during the third quarter.
- 2019
Lodha prepares Mumbai office asset sale[1]
Other
The group was reported to be selling approximately 700,000 square feet of Mumbai office space to Varde Partners; it had also sold a Wadala office building to Trent.
- 2016
Lodha receives project investment from Piramal Fund Management[1]
Other
Piramal Fund Management invested in one of the group’s projects.
- 2013
Lodha partners with Donald Trump on Mumbai tower[1]
Other
Lodha announced a partnership with Donald Trump for the development of Trump Tower Mumbai in Lower Parel.
- 2013
Lodha acquires Macdonald House in London[1]
M&A
The group purchased Macdonald House, a seven-storey central London property formerly associated with the Government of Canada.
- 2012
Lodha acquires Washington House for redevelopment[1]
Other
The group acquired Washington House, formerly owned by the United States consulate, and developed the site into Lodha Altamount.
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