Page 2 - Lodhas Developers

Lodha Developers slips 6%; 1.57 million shares change hands on BSE

Lodha Developers shares slipped 6.6 per cent, logging an intraday low at ₹1,346.5 per share on the BSE amid large trades

Lodha Developers eyes ₹1,500 crore rental income in FY31, says MD

Lodha Developers is targeting a six-fold jump in the annual rental income by 2030-31 to Rs 1,500 crore, which will cover almost the entire interest and salary cost of the company, its MD Abhishek Lodha said. After capturing a decent market share in the housing segment, Mumbai-based Lodha Developers intends to scale up its commercial real estate business. It is building office complexes, retail projects and industrial and warehousing parks, besides entering into facilities management. The company's annuity income, which includes rents from leased commercial assets, stood at Rs 250 crore in the last fiscal year. In a letter to shareholders, Lodha Developers MD and CEO Abhishek Lodha said the company now aims to have a reasonable annuity income portfolio over time. He said the "aim is to have Rs 15 billion (Rs 1,500 crore) annuity income by 2030 (FY31)". Abhishek noted that the targeted annuity income for 2030-31 would be enough to cover almost the entire interest and salary costs o

Lodha Developers shares fall nearly 2% as quarterly pre-sales slip 7% QoQ

At 11:40 am, the shares of the real estate developer were trading at ₹1,356, down by 1.55 per cent on the National Stock Exchange.

Lodha stock tests 'Head & Shoulders' neckline support; check downside risk

Lodha (Macrotech Developers) stock is seen trading close to the neckline support of the 'Head and Shoulders' pattern on the charts, indicating crucial support around ₹1,365 levels.

Lodha Developers to deposit ₹520 cr as security in case against VHL

Lodha Developers Ltd has been directed to deposit Rs 520.80 crore as security in relation to an ongoing case in the Supreme Court against V Hotels Ltd, which the company acquired last year through an insolvency process. In a regulatory filing on Wednesday, Lodha Developers Ltd informed that this matter is related to proceedings initiated by the Enforcement Directorate (ED) against the erstwhile promoter of V Hotels Ltd (VHL). This was in relation to a transaction of Rs 520.80 crore, allegedly routed through VHL before the start of the insolvency process. Lodha expects that the matter will be heard expeditiously in the apex court and the deposit will be released. In April last year, Lodha Developers Ltd announced the takeover of VHL through the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code 2016. In the filing, the company said it acquired VHL in 2024 and paid the consideration to various creditors based on the approved resolution plan. The .

Abhinandan Lodha changes firm name from 'Lodha' to Abhinandan Ventures

Within a month of reaching a truce with his elder sibling, Abhinandan Lodha on Tuesday launched a new identity for the holding company housing all of his businesses. The holding company has been rechristened as "Abhinadan Ventures" from "Lodha Ventures" earlier, as per a statement. It can be noted that last month, Abhinandan and his brother Abhishek, who runs Macrotech Developers, had reached an out-of-court truce over the usage of 'Lodha' in branding, under which the elder sibling was permitted to use the "Lodha" name. The statement issued by Abhinandan Ventures said the entity began operations in 2015 for incubating and accelerating high-growth, consumer-centric businesses, and has expanded into real estate, private equity, education, and emerging consumer opportunities. "While we continue to own the brand 'Lodha Ventures', with all our businesses being new age, tech-driven consumer-centric businesses, the new branding allows us to clearly communicate our innovation-first philoso

Macrotech cuts net debt 7% in March quarter to ₹4K cr on strong sales

Realty firm Macrotech Developers' net debt fell by 7 per cent in the January-March quarter to nearly Rs 4,000 crore on strong housing sales and fund collections from customers. Macrotech Developers, which sells properties under the Lodha brand, is one of the leading real estate developers in the country. In its latest operational update, Macrotech Developers noted that the company's net debt reduced by Rs 320 crore during the January-March quarter to Rs 3,990 crore. The company's net debt stood at little over Rs 4,300 crore at the end of December 31, 2024. The reduction has been achieved despite significant investment in acquiring land parcels for future development. The company buys land outright and also partners with landowners to develop housing projects. Macrotech Developers' internal cash flow remained strong last fiscal year due to record sales bookings and healthy fund collections from customers. Macrotech Developers' sale bookings grew 21 per cent last financial year to

Lodha brothers Abhishek, Abhinandan settle Rs 5K crore title dispute

Both parties confirmed that 'Lodha Group' and 'HoABL' have no connection with each other. Both entities will communicate the same widely

Lodha clocks record pre-sales of Rs 4,810 crore in Q4 FY25, up 14%

Overall, in FY25, the company's pre-sales or properties sold before they're constructed stood at Rs 17,630 crore, surpassing its annual guidance of Rs 17,500 crore

Macrotech accuses HoABL of using fabricated documents to misuse Lodha brand

Realty firm Macrotech Developers Ltd on Wednesday alleged that House of Abhinandan Lodha (HoABL) has used "fabricated documents" to misuse the company's brand and registered trademark 'Lodha'. Abhishek Lodha led Macrotech Developers and the HoABL, formed by his younger brother Abhindan Lodha, are fighting a legal dispute over the use of the brand 'Lodha'. In January, Macrotech Developers filed a suit in the Bombay High Court against HoABL for infringement of its trademarks and sought appropriate injunctions, reliefs, and damages. Macrotech Developers, which sells properties under the 'Lodha' brand, is one of the leading real estate firms in the country, while the HoABL is into the development of residential plots across major cities. In a regulatory filing, Macrotech Developers said that the board has taken "serious cognizance of the conspiracy to use fabricated documents in order to misuse the company's goodwill, brand, and registered trademark." The Board has constituted a Speci

DLF, Lodha: 5 real-estate shares that can gain upto 16% ahead of RBI Policy

The Nifty Realty index has surged 14% in the last 7 trading days, with select stocks rising up to 27% in anticipation of a rate cut in the upcoming RBI Policy. Here's technical view on realty stocks.

Budget 2025: Realty stocks gain on Rs 96.77-cr outlay for urban development

Nifty Realty index surged 1.88 per cent in intra-day trade, driven by investor optimism after Finance Minister Nirmala Sitharaman announced a Rs 96,777 crore allocation for urban development

Bombay HC asks Lodha brothers to mediate, resolve trademark dispute

Earlier this month, Macrotech Developers had filed the suit before the Bombay HC against HoABL over the use of the name 'Lodha,' seeking Rs 5,000 crore in damages

Nifty Realty stocks trade below 200-DMAs; index down 18% in Jan; what next?

Technical charts suggest that stocks such as Prestige Estates, Lodha and Sobha can fall up to 32 per cent from here on, while the Nifty Realty index can crack by another 14 per cent.

BSE Realty index hits 10-month low; Oberoi, Prestige, Lodha fall up to 7%

The BSE Realty index was trading at its lowest level since March 26, 2024, and has corrected by 23 per cent from its December 2024 high.

PVR Inox, Lodha, Glaxo: Should you buy these 5 oversold stocks? Find out

PVR Inox, Lodha, Glaxo, MRF and Astral are trading in oversold zone. Technical charts show these stocks can gain up to 33% from present level, or fall by another 19%; here's why.

Lodha achieves its highest quarterly pre-sales of Rs 4,510 crore in Q3

During the first nine months of FY25, the company's pre-sales stood at Rs 12,820 crore

Abhinandan Lodha's firm buys American Centre in South Bombay for Rs 56 cr

This project, comprising a Ground + 7 storey structure spanning 1,337.81 square meters, will have a development potential of around 60,000 square feet, the company said in a statement.

Lodha, TVS Motor: 5 rate sensitive shares to bet on ahead of RBI policy

Technical charts suggest that stocks like TVS Motor, Lodha, DLF, Jio Financial Services and Federal Bank can potentially rally up to 19 per cent from present levels.

Nippon Life India acquires commercial spaces worth Rs 486 crore in Mumbai

The transactions were registered with the inspector general of registration (IGR) on November 21