Deutsche Bank invests in Lodha Group

March 20, 2007 By Lodha Web

Mumbai-based real estate developer, Lodha Group, has received an investment of $425 million
from a group of private equity investors led by Deutsche Bank Singapore. This investment will
fund the development of three of Lodha group’s FDI-compliant projects located in and around
the metropolis, a company statement said on Friday. Mumbai-based Investment banking firm
Trustcap acted as the sole advisor to “ the transaction. Under the transaction, those who have
invested in the Lodha group’s Special Purpose Vehicle (SPV) for the development of the three
projects will also receive a stake in them, it said.