The Enforcement Directorate (ED) has restored assets worth over Rs 520 crore to the legitimate claimant company, Macrotech Developers Limited, in a bank-loan fraud case. The case involves Cox & Kings Limited (CKL), its promoters, and others, with the ED estimating the total “proceeds of crime” at Rs 4,100 crore. During the investigation, the ED found that Rs 1,066 crore was siphoned off to V Hotels Limited, with Rs 520.8 crore remaining outstanding and attached under the Prevention of Money Laundering Act (PMLA).

V Hotels Limited later underwent insolvency under the Insolvency and Bankruptcy Code (IBC), and Macrotech Developers Limited was approved as the successful resolution applicant (SRA). The PMLA allows for the restitution or restoration of assets to the defrauded entity, and the ED and SRA worked together to initiate this process. The SRA deposited Rs 520.8 crore in an interest-bearing fixed deposit with the State Bank of India (SBI), representing the substituted value of the attached properties.

The ED consented to the restitution of the assets, subject to the condition that the SRA had no connection with the erstwhile management or beneficiaries of the alleged proceeds of crime. The Supreme Court recently ordered the restoration of the Rs 520.8 crore deposit, along with the accumulated interest, to the SRA under section 8(8) of the PMLA. The court appreciated the efforts made by the ED in restoring the attached properties to secure the interests of justice.

The restoration of assets is a significant development in the case, as it ensures that the legitimate claimant company receives the proceeds of the attached properties. The ED’s efforts in this case demonstrate its commitment to securing the interests of justice and ensuring that the proceeds of crime are restored to their rightful owners. The Supreme Court’s order also highlights the importance of cooperation between the ED and other stakeholders in achieving this goal. Overall, the restoration of assets worth over Rs 520 crore marks a significant milestone in the investigation and prosecution of the bank-loan fraud case.

Lodha Developers Ltd, formerly known as Macrotech Developers Ltd, has received a favorable ruling from the Supreme Court, allowing the company to recover the entire amount of ₹520.80 crore it had deposited as security in the V Hotels Ltd case. The amount will be returned to Lodha Developers along with accumulated interest, reaffirming the company’s legitimate interest in V Hotels’ assets. This ruling also means that the Enforcement Directorate will no longer have any claim or lien over V Hotels’ properties.

This development is in line with the update issued by Lodha Developers on July 2, 2025, and is a significant positive outcome for the company. In other news, Lodha Developers reported a strong financial performance in the second quarter of FY26, with consolidated net profit surging 87% to ₹789.8 crore. Total income also saw significant growth, rising to ₹3,878.7 crore during the July-September period, compared to ₹2,684.6 crore in the same quarter of the previous year.

The company’s pre-sales reached a record high of ₹4,570 crore, marking a 7% year-on-year rise. Revenue from operations increased 45% to ₹3,800 crore, while adjusted EBITDA rose 37% year-on-year to ₹1,310 crore, supported by a healthy margin of 34.4%. The strong financial performance is attributed to higher income and operating efficiencies.

Overall, the Supreme Court’s ruling and the company’s strong financial performance are significant positives for Lodha Developers, and are expected to have a positive impact on the company’s future growth and development. The return of the deposited amount, along with interest, will provide a boost to the company’s liquidity and financial position, enabling it to pursue new opportunities and investments. With its strong financial performance and favorable court ruling, Lodha Developers is well-positioned for future success.

Macrotech Developers Limited, a leading real estate development company in India, has demonstrated resilience during market downturns due to its strong fundamentals and strategic business model. The company’s ability to navigate through challenging market conditions can be attributed to several factors, including its robust support and resistance levels, as well as its tremendous growth opportunities.

Strong Financials: Macrotech Developers Limited has a strong balance sheet, with a significant cash reserve and a debt-to-equity ratio that is relatively low compared to its peers. This financial stability enables the company to weather market downturns and take advantage of opportunities that arise during such periods.

Diversified Portfolio: The company has a diversified portfolio of projects across various segments, including residential, commercial, and retail. This diversification helps to mitigate risks and ensures a steady cash flow, even during market downturns.

Support and Resistance Levels: Macrotech Developers Limited has established strong support and resistance levels, which provide a cushion against market volatility. The company’s support levels are based on its strong fundamentals, such as its brand reputation, customer loyalty, and competitive pricing. On the other hand, its resistance levels are driven by its ability to adapt to changing market conditions and its focus on innovation and quality.

Tremendous Growth Opportunities: Despite market downturns, Macrotech Developers Limited has tremendous growth opportunities, driven by India’s growing demand for housing and infrastructure. The company is well-positioned to capitalize on this demand, given its strong brand presence, extensive land bank, and expertise in developing large-scale projects.

Government Initiatives: The Indian government’s initiatives to boost the real estate sector, such as the Pradhan Mantri Awas Yojana (PMAY) and the Real Estate (Regulation and Development) Act (RERA), have also contributed to Macrotech Developers Limited’s resilience. These initiatives have helped to increase transparency and accountability in the sector, which has benefited companies like Macrotech that have a strong track record of delivery and customer satisfaction.

In conclusion, Macrotech Developers Limited’s resilience during market downturns can be attributed to its strong financials, diversified portfolio, support and resistance levels, and tremendous growth opportunities. The company’s ability to navigate through challenging market conditions makes it an attractive investment opportunity for investors looking for stable and long-term growth. With its strong fundamentals and strategic business model, Macrotech Developers Limited is well-positioned to capitalize on India’s growing demand for housing and infrastructure, and to emerge stronger and more resilient in the face of market downturns.

Macrotech Developers, a well-known Indian real estate company, has announced a significant change in its branding by altering its name to Lodha Developers. This change is aimed at reinforcing the company’s commitment to its core values and strengthening its market presence.

The name change is a strategic move to align the company’s brand identity with its founder’s surname, Lodha. The Lodha family has been instrumental in shaping the company’s vision and growth over the years, and this new name is expected to reflect the company’s heritage and legacy.

Lodha Developers has been at the forefront of India’s real estate industry, with a strong presence in the residential and commercial sectors. The company has developed numerous iconic projects across the country, including luxury apartments, offices, and retail spaces. Its commitment to quality, innovation, and customer satisfaction has earned it a reputation as one of India’s leading real estate developers.

The name change is also expected to enhance the company’s brand recognition and recall, both domestically and internationally. With a renewed focus on its brand identity, Lodha Developers aims to expand its customer base and explore new business opportunities in the global market.

The company’s leadership has stated that the name change will not affect its business operations or existing projects. All ongoing and future developments will continue to be executed with the same level of excellence and expertise that Lodha Developers is known for.

In recent years, Lodha Developers has expanded its portfolio to include new segments, such as logistics and industrial parks, and has also ventured into new geographies. The company has also been investing heavily in technology and innovation, with a focus on sustainable and green development practices.

With its new name, Lodha Developers is poised to take its growth trajectory to the next level, driven by its core values of quality, integrity, and customer satisfaction. As the Indian real estate market continues to evolve, Lodha Developers is well-positioned to capitalize on emerging trends and opportunities, and to maintain its position as a leader in the industry.

The name change is expected to be implemented across all of the company’s operations, marketing, and communication channels in the coming months. As Lodha Developers embarks on this new chapter in its journey, it is likely to continue making significant contributions to the growth and development of India’s real estate sector.

Macrotech Developers, a leading real estate developer in India, has announced a significant change in its branding. The company has decided to rebrand itself as Lodha Developers Limited. This move is seen as a strategic effort to strengthen the company’s identity and reinforce its commitment to delivering exceptional quality and customer experience.

The rebranding is expected to have a positive impact on the company’s image and reputation in the market. The new name, Lodha Developers Limited, is inspired by the company’s founding family, the Lodhas, who have been instrumental in shaping the organization’s vision and values. The name change is intended to reflect the company’s rich legacy, heritage, and expertise in the real estate industry.

Macrotech Developers, now Lodha Developers Limited, has been a prominent player in the Indian real estate market for over two decades. The company has developed numerous iconic projects across the country, including residential, commercial, and industrial properties. With a strong focus on quality, innovation, and customer satisfaction, Lodha Developers Limited has established itself as a trusted and reliable brand in the industry.

The rebranding exercise is not just limited to changing the company’s name. It is a comprehensive effort to revamp the company’s brand identity, including its logo, website, and marketing materials. The new brand identity is designed to reflect the company’s modern and progressive approach to real estate development, while also highlighting its commitment to sustainability, transparency, and social responsibility.

The management of Lodha Developers Limited has stated that the rebranding is a natural progression of the company’s growth and evolution. The company aims to continue delivering exceptional value to its customers, stakeholders, and the community at large. With its new brand identity, Lodha Developers Limited is poised to reinforce its position as a leader in the Indian real estate market and expand its presence in new markets.

Overall, the rebranding of Macrotech Developers to Lodha Developers Limited marks a significant milestone in the company’s journey. The new brand identity is expected to enhance the company’s reputation, strengthen its relationships with customers and stakeholders, and drive business growth. As the company embarks on this new chapter, it is likely to continue making a positive impact on the Indian real estate landscape.

Macrotech Developers, a leading real estate company, is planning to launch new housing projects worth Rs 19,000 crore in the financial year 2026. This move comes as the company is experiencing robust demand for its properties, driven by a surge in housing sales across India. The announcement reflects the company’s confidence in the Indian real estate market and its commitment to catering to the growing housing needs of the population.

The launch of these new projects is expected to be phased out over the next few years, with the company aiming to deliver a significant portion of the projects within the next 3-4 years. Macrotech Developers has been focusing on building affordable and mid-income housing projects, which have seen strong demand in recent times. The company’s strategy is to target the mid-income segment, where demand is high and supply is limited.

According to the company’s management, the new projects will be launched across various cities in India, including Mumbai, Pune, and other key markets. The company has a strong land bank and is continuously acquiring new land parcels to support its growth plans. Macrotech Developers has also been investing in digital technologies to enhance the home-buying experience for its customers and to improve operational efficiency.

The Indian real estate market has been witnessing a significant recovery in recent times, driven by government initiatives, low interest rates, and a pick-up in economic activity. The market is expected to continue growing, driven by increasing demand for housing, particularly in the affordable and mid-income segments. Macrotech Developers is well-positioned to capitalize on this trend, given its strong brand presence, large land bank, and focus on building affordable and mid-income housing projects.

The company’s decision to launch new projects worth Rs 19,000 crore in FY26 is a testament to its confidence in the Indian real estate market. The launch of these projects is expected to provide a significant boost to the company’s revenue and profitability in the coming years. Macrotech Developers has been reporting strong financial performance in recent times, driven by a surge in housing sales and a significant reduction in debt. The company’s net debt has reduced significantly, providing it with the financial flexibility to invest in new projects and growth initiatives.

Overall, Macrotech Developers’ plan to launch new housing projects worth Rs 19,000 crore in FY26 reflects the company’s commitment to catering to the growing housing needs of the Indian population. With a strong brand presence, large land bank, and focus on building affordable and mid-income housing projects, the company is well-positioned to capitalize on the growing demand for housing in India.

Macrotech Developers, a leading real estate company, has reported a significant reduction in its net debt by 7% in the March quarter, bringing it down to nearly Rs 4,000 crore. This decrease in debt is attributed to the company’s improved sales performance during the quarter.

The company’s net debt stood at Rs 4,294 crore as of March 31, 2023, which is a reduction from Rs 4,623 crore in the previous quarter. This decrease in debt is a result of the company’s focus on reducing its debt burden through improved sales and cash flows.

Macrotech Developers, which operates under the Lodha brand, has been working towards reducing its debt over the past few years. The company has been focusing on executing its existing projects, improving sales, and generating cash flows to reduce its debt. The reduction in debt is expected to have a positive impact on the company’s financial performance and credit profile.

The company’s sales performance has been improving over the past few quarters, with a significant increase in sales bookings. The company’s sales bookings stood at Rs 2,705 crore in the March quarter, which is a growth of 22% year-on-year. The company’s sales performance has been driven by the demand for its projects in the affordable and mid-income housing segments.

The reduction in debt and improvement in sales performance are expected to have a positive impact on the company’s financial performance. The company’s EBITDA (earnings before interest, tax, depreciation, and amortization) margins are expected to improve, driven by the reduction in debt and improvement in sales. The company’s net profit is also expected to improve, driven by the reduction in interest costs and improvement in sales.

Overall, Macrotech Developers’ reduction in net debt by 7% in the March quarter is a positive development for the company. The company’s focus on reducing its debt and improving its sales performance is expected to have a positive impact on its financial performance and credit profile. The company’s improved sales performance and reduction in debt are expected to make it more competitive in the market and improve its ability to execute its projects.

The real estate sector has been facing challenges in recent times, including a slowdown in demand and a liquidity crunch. However, Macrotech Developers’ performance suggests that the company is well-positioned to navigate these challenges and take advantage of the opportunities in the market. The company’s focus on affordable and mid-income housing is expected to drive its sales performance, and its reduction in debt is expected to improve its financial performance.

The Lodha brothers, Abhishek Lodha (Managing Director and CEO of Macrotech Developers Ltd) and Abhinandan Lodha, have amicably resolved their outstanding disputes, including a high-profile trademark infringement case, under the guidance of their parents. The settlement establishes clear brand ownership: Macrotech Developers will have exclusive rights to the “Lodha” and “Lodha Group” trademarks, while Abhinandan Lodha will retain exclusive rights to the “House of Abhinandan Lodha” (HoABL) brand.

The parties have agreed that there is no connection between the “Lodha Group” and “HoABL”, and both entities will communicate this distinction publicly. Abhinandan Lodha will have no rights or claims in Macrotech Developers or Abhishek’s other ventures, and vice versa. The resolution brings to a close a ₹5,000 crore trademark infringement suit filed in the Bombay High Court, where Macrotech Developers had accused HoABL of misusing the ‘Lodha’ brand.

Former Supreme Court judge Justice R.V. Raveendran served as the mediator in the case, which was referred to mediation by the court on January 31. The Bombay High Court had been hearing the matter since then. The resolution is a significant development in the long-standing dispute between the Lodha brothers, and brings an end to a contentious and high-stakes legal battle.

Macrotech Developers Ltd, a leading real estate developer operating under the ‘Lodha’ brand, has surpassed its pre-sales projections for 2024-25. The company announced that it has sold Rs 17,630 crore worth of properties in 2024-25, exceeding its guidance of Rs 17,500 crore and its previous year’s sales of Rs 14,520 crore. The company attributed this success to its “best-ever quarter” pre-sales of Rs 4,810 crore in the January-March quarter, which represents a 14% year-on-year growth.

Macrotech Developers has added 10 new projects with a gross development value of Rs 23,700 crore across Mumbai, Bengaluru, and Pune. Additionally, the company has expanded its digital infrastructure business by adding two new locations in the National Capital Region (NCR) and Chennai.

The company has also reduced its net debt to Rs 3,990 crore from Rs 4,320 crore in the previous quarter, thanks to strong collections. Macrotech Developers is one of the top-selling developers in India, along with Godrej Properties, DLF, and Prestige Group.

It’s worth noting that DLF, India’s largest real estate developer, has also surpassed its FY25 sales guidance of Rs 17,000 crore in the December quarter itself, with sales bookings of Rs 19,187 crore for the first nine months of FY25.

However, Macrotech Developers is currently embroiled in a legal battle with House of Abhinandan Lodha (HoABL), led by Abhinandan Lodha, who is the younger brother of Abhishek Lodha, the chairman of Macrotech Developers. The company has accused entities owned by HoABL of forging documents to gain access to the ‘Lodha’ brand name.