Mumbai, November 17, 2009: Lodha Developers Ltd, Mumbai’s premium real estate developer, has been honoured with “Best Developer Involved in High-End Residential Properties” across India, by constructionsourceindia.com, the website which is unique in offering a holistic platform for the construction and building material industry.
“I feel greatly privileged to receive this honour,” said Abhisheck Lodha, Managing Director, Lodha Developers Ltd, “as it is the recognition of the superior value being created by us. The award also acknowledges our premium stake in hi-end residential properties. This would reinforce our team’s commitment to deliver nothing but the best,” he said.
Constructionsourceindia.com had honoured architects and builders for their contribution to various aspects of urban development, so as to provide a strong platform for the fraternity of architects, interior designers, builders and developers, and give them the opportunity to interact with the premium brands of various specific segments of the building material industry.
About Lodha Group
Established in 1980, Lodha Group is Mumbai’s premier real estate developer providing comprehensive residential and office space solutions across real estate categories and diverse consumer segments – from luxury garden residences in South Mumbai to large integrated townships in the suburbs, from thoughtfully designed office environments to private villa retreats. Headquartered in Mumbai, the group is currently developing in excess of 25 million sq. ft. of prime real estate spread over 27 projects. The group has recently expanded into Hyderabad with the launch of Lodha Bellezza, a super-luxury residential project.
The group continuously strives to exceed the expectations of customers through innovative, world-class solutions leading to several innovative firsts to its credit – be it Lodha Bellissimo – Mumbai’s first “By invitation only” project which is the only Indian residential project amongst the top 1000 landscapes in the world, Lodha Luxuria – Mumbai’s first ‘Fully Automated Township’ or Lodha Aqua – Mumbai’s first water inspired township. Lodha Group has created an entirely new residential category – mid-income luxury. A new sub-brand CASA by Lodha was created for this category, with essential quality and luxury endorsement, providing ‘right sized’ and ‘right priced’ products in Mumbai’s suburban locations.
Lodha Group has extended this philosophy to office spaces as well, where it was one of the first in India to introduce the concept of branded office spaces through its unique offerings: Lodha Excelus – Signature offices catering to front office requirements of large corporates, iThink by Lodha – the ultimate IT destination for large back office needs and the recently launched, Lodha Supremus – Signature boutique offices, targeted specifically at mid-sized businesses.
With a focus on building a world class organization, Lodha Group has attracted top talent from premier institutions and B-school campuses, hired professionals from benchmark industries and built a proficient management team.
According to the JP Morgan Property Report 2008, Lodha Group was ranked second in the list of “most sought after for PE investment in the realty sector. Also selected as one of India’s top 10 builders by Construction World, the group has consistently delivered luxury lifestyles through innovative solutions, not just by building structures but by building better lives.