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From DLF to Lodha and Godrej, builders are testing new cities

Most developers are buying land, taking over projects of distressed developers or partnering with smaller local developers to venture into newer locations

Rajendra-nagar , Madhya-pradesh , India , Hyderabad , Andhra-pradesh , Bengaluru , Karnataka , Pune , Maharashtra , Mumbai , Gaurav-pandey , Anarock-group

housing sales: Luxury housing sale jumps 75% Y-o-Y in 2023

A total of 12,935 units were sold in 2023 against 7,395 in 2022, as large developers such as DLF, Sobha, Lodha, TARC, Max launched and sold apartments in this price bracket and beat the annual guidance.

Delhi , India , Mumbai , Maharashtra , Pune , Bangalore , Karnataka , Hyderabad , Andhra-pradesh , South-east-asia , Mohit-jain , Krisumi-corporation

Are branded apartments worth the premium that you pay?

There are more amenities associated with branded apartments and the resale value keeps rising, say buyers

India , Gurgaon , Haryana , New-delhi , Delhi , Mohit-srivastava , Paras-jain , Akhil-saraf , Suresh-mandhare , Sucharita-ghosh , Ravi-shankar-singh , Puneet-khurana

Lodha: Lodha records 179% on-year rise in Q3 net profit at Rs 570 crore

Real estate developer Lodha, listed as Macrotech Developers, reported a 179% year-on-year increase in net profit to Rs 570 crore for the quarter ended December. The company's revenue from operations also rose 65% to Rs 2,930 crore. Lodha added three new projects during the quarter, with a gross development value potential of Rs 6,000 crores, exceeding its guidance of Rs 17,500 crores project addition for the year.

India , Lucknow , Uttar-pradesh , Abhishek-lodha , Offering-college , Macrotech-developers , Indian-school-of-business , Corporate-journey , Strategic-skill , Executive-officer , Lodha , Net-profit

Palava City annual revenue may top Rs 8,000 crore in a few years: Lodha, ET RealEstate

Lodha: The development at Palava City started in 2010, with phase 1 covering 300 acres that was sold out and delivered to nearly 20,000 families in 4-5 years.

Cambridge , Cambridgeshire , United-kingdom , Mumbai , Maharashtra , India , Abhishek-lodha , Skechers , Macrotech-developers , Schlumberger , Palava-city , Morgan-stanley-real-estate-investing

lodha: Palava City annual revenue may top Rs 8000 cr in a few years: Realty major Lodha

The development at Palava City started in 2010, with phase 1 covering 300 acres that was sold out and delivered to nearly 20,000 families in 4-5 years. In 2014, the company started with phase 2 spanning 1,000 acres with over 75 million sq ft of developable area, of which over 20 million sq ft is complete. Currently, the project has nearly 175,000 residents.

Mumbai , Maharashtra , India , Cambridge , Cambridgeshire , United-kingdom , Abhishek-lodha , Schlumberger , Macrotech-developers , Skechers , Palava-city , Morgan-stanley-real-estate-investing

Amitabh Bachchan buys plot for home in Ayodhya

Calling it a “milestone moment” for his company, HoABL chairman said they were thrilled to welcome Amitabh Bachchan as the “first citizen” of The Sarayu. | Mumbai news

Mumbai , Maharashtra , India , Amritsar , Punjab , Gorakhpur , Uttar-pradesh , Vrindavan , Sarayu , India-general- , Lucknow , Ayodhya

Lodha: Lodha records best-ever December quarter pre-sales at Rs 3,410 crore

Realty developer Lodha, also known as Macrotech Developers, has reported its highest-ever third-quarter pre-sales of Rs 3,410 crores and collections of Rs 2,594 crores for the quarter ending December. The company added three new projects during the quarter, with a total gross development value potential of Rs 6,000 crores, bringing the project addition for the first three quarters of 2023-24 to Rs 20,300 crores.

India , United-kingdom , Bengaluru , Karnataka , Abhishek-lodha , Macrotech-developers , Lodha , Uk-market ,

Realty developer Lodha inks pact to acquired Pune-based Goel Ganga Ventures India

Following the conclusion of this deal, Goel Ganga Ventures India will become a wholly owned subsidiary of the Mumbai-headquartered company. No regulatory approvals are required for the acquisition of the real estate company, Macrotech Developers said in a regulatory filing.

Business-news , Breaking-news-events , Latest-news-updates , Economic-times , Economic-times-news-app , Daily-market-updates , Live-business , Realty-developer-lodha , Acquired-pune-based-goel-ganga-ventures-india , Equity-stake , Wholly-owned-subsidiary

Birla-Lodha case: Harsh Vardhan Lodha to continue as Chairman of MP Birla Group, rules Calcutta HC

A single judge of the Calcutta High Court had earlier given full authority to a panel of three administrators — one each nominated by the Birla and Lodha families and a retired judge — to take control of the entire estate of the late Priyamvada Devi Birla, former chairperson of the MP Birla Group, who died on July 3, 2004. The judge in September 2020 passed an order directing the removal of Harsh Vardhan Lodha as the chairman of the MP Birla Group on the basis of a contentious concept of “extended estate”.

Lucknow , Uttar-pradesh , India , Bombay , Maharashtra , Calcutta , West-bengal , Kolkata , Fox-mandal , Sabyasachi-bhattacharyya , Debanjan-mandal , Vardhan-lodha