Lodha Developers net debt up ₹800 cr in Q3 to ₹6,170 cr due to land purchases

New Delhi, Jan 18 (PTI) Realty firm Lodha Developers Ltd’s net debt rose 15 per cent during October-December period to ₹6,170 crore because of aggressive land acquisitions for business expansion. Lodha Developers’ net debt rose 15% in October–December to ₹6,170 crore due to aggressive land acquisitions for expansion. (Photo for representational purposes only) (Pixabay) Lodha […]

India’s real estate market yet to enter ‘takeoff phase’, says Abhishek Lodha

Mumbai-based listed real estate developer, Lodha Developers’ CEO and MD, Abhishek Lodha, has said that India’s real estate market is “still on the runway, it hasn’t reached the takeoff phase yet” and is only beginning to gain momentum. Abhishek Lodha, CEO and MD of Lodha Developers, said, “We (India’s real estate market) are still sort […]

Lodha Developers appoints Amandeep Singh as Regional CEO for Delhi-NCR

Mumbai-based listed real estate developer Lodha Developers Limited has announced the appointment of Amandeep Singh as Regional CEO for Delhi-NCR. Singh joins the company from DLF Limited, where he served as Senior Executive Director (COO, Gurgaon and North), Lodha Developers said in a regulatory filing. According to the regulatory filing, Singh will join Lodha Developers […]

Neil Nitin Mukesh and his father Nitin Mukesh buy a luxury apartment in Mumbai’s Lower Parel for ₹11.35 crore

Bollywood actor Neil Nitin Mukesh, along with his father and playback singer Nitin Mukeshchand Mathur, has purchased an apartment in the Lower Parel area of Mumbai for ₹11.35 crore, according to property registration documents reviewed by SquareYards. Bollywood playback singer Nitin Mukeshchand Mathur, along with his son Neil Nitin Mukesh Chand Mathur, purchases an apartment […]