House of Abhinandan Lodha buys American Center in South Mumbai’s Marine Lines

 29 Nov 2024 11:58 PM

The House of Abhinandan Lodha acquired the American Center in South Mumbai for over Rs 56 crore. The iconic seven-storey structure will be developed into a super-luxury residential project. The transaction was completed after obtaining necessary approvals from the US and Indian governments. Previously, the building was part of the US Consulate General.

Macrotech buys 100% stake in Janus Logistics for Rs 48 crore

 29 Nov 2024 07:07 PM

Real estate developer Lodha, officially listed as Macrotech Developers, purchased Janus Logistics and Industrial Parks Pvt Ltd (JLIPPL) on Friday. The deal, worth approximately Rs 48 crore, gives Lodha complete ownership of JLIPPL, which was previously owned by Phoenix Logistics and Industrial Parks.