Mangal Prabhat Lodha
Overview
- Source of Wealth
- Real estate
- Industry
- Real Estate
- Residence
- Mumbai
- Marital Status
- Married
- Children
- 2
Assets
- Macrotech Developers537,642,000 shares @ --543287-IN
Biography
Politician and property magnate Mangal Prabhat Lodha founded developer Lodha group in Mumbai in 1980, now known as Macrotech Developers.
A native of the desert state of Rajasthan, Lodha started off by building middle-class homes in Mumbai's far-flung suburbs.
After his sons Abhishek and Abhinandan joined the business in 2003, the firm went on an expansion binge picking up prime land parcels. Abhinandan has since left the business.
Lodha built Mumbai's Trump Tower, a 78-story luxury skyscraper, located in a complex called The Park, in midtown Mumbai.
In 2021, Lodha completed Macrotech's long-delayed IPO. The company has since changed its name to Lodha Developers.
About
Lodha was the Mumbai president of the ruling Bharatiya Janata Party until 2022.
He successfully lobbied for a law to ban the slaughter of cows, a key electoral plank for his political party, in his home state of Maharashtra.
Lodha's sons ended a 50 billion rupees ($571 million) trademark feud in April 2025.
Abhishek now has rights to use 'Lodha' and 'Lodha Group' brands and Abhinandan has rights to use 'House of Abhinandan Lodha' brand.