Lodha Group is a Mumbai based real estate developer established in 1980. Having more than 30 developmental projects being developed in and around Mumbai, an estimated 38 million sq. ft. worth of real estate has been developed or are under construction by the Lodha Group. The Group also has its presence in the cities of Hyderabad and Pune.
Some of the notable and prestigious properties were acquired by the Lodha Group in India and overseas including the Macdonald House located in central London with a $500 million deal with the Canadian government. The Washington House on Altamount Road in Mumbai was bought from the US Consulate for INR 375 crore while the 17 acre Mumbai Textile Mills was purchased from DLF India for INR 2700 crore.
Most of the residential and commercial projects by Lodha are luxury homes and office spaces in upscale neighbourhoods and prime locations of Mumbai. The developers have always partnered with the top most interior designers, architects and consultants in planning their projects. For instance Philippe Starck was a partner appointed for designing the residential development of New Cuff Parade in Mumbai. Lodha's Fiorenza project off the Western Express Highway located in Goregaon was designed by Jade Jagger while Armani CASA was appointed for completing the interior design of apartments at World Towers. The World Towers is one of the many landmark projects for Lodha that is the world's tallest residential tower having 117 floors. The apartment's prices are expected to range from Rs. 7.5 crore to as much as Rs. 50 crore.
The Lodha Group today provides employment to over 25000 site based workers and 3000 associates. Lodha is also known to be one of India's first real estate companies to introduce a Customer Rewards Program and launching a 'By invitation only poroject' Lodha Bellissimo. The LEED certification for commercial projects was introduced by them as well. One of the largest FDI deals in the history of Indian Real Estate was done with Rs. 1700 crore worth of funding from investors led by Deutsche Bank. World One, its iconic project received the Green GOOD DESIGN Award in 2012.
Unique Selling Point: Lodha itself being a luxury brand name in the Indian real estate market has a prestigious clientele. Their unique selling point is their record breaking features and use of luxury features that make them stand out from the rest.
Key Technologies Used: Spacious homes amidst sprawling campuses, high rise towers with one-of-a-kind features and use of the premiere quality material qualifies projects developed by Lodha.
Landmark Projects: World One, India's tallest residential tower was its most notable project developed till date. Apart from these, many other popular ones include the Lodha Bellissimo, the only Indian residential development having an 'invite-only' feature and featuring as many as 1000 landscapes. Palava, a township developed in Mumbai spanning across 4000 acres of land and Aurum in Kanjurmarg, Mumbai are also two other such luxury residential and landmark projects.
Type/Category of Projects developed: Lodha is primarily a premier real estate company and caters only to the higher income group and upper strata of Indian families. Their projects are known for their one of a kind features and record breaking styles.