WELPUT sells prime property at New Court on Carey Street in London confirm to Lodha Group

WELPUT sells prime property at New Court on Carey Street in London confirm to Lodha Group

Owners of a prime residential site in the heart of London have confirmed its sale to Mumbai's Lodha Group.

The West End of London Property Unit Trust ( WELPUT) has sold New Court on Carey Street in central London to the Mumbai firm, its second major acquisition in the city after it bought Macdonald House last November.

WELPUT managed by Schroders and advised by Grafton Advisors, part of the Quintain Group, has unconditionally exchanged contracts to sell its freehold interest in New Court, Carey Street, to Lodha Group. The terms of the transaction are confidential.

The 1.15-acre property near iconic buildings like the London School of Economics and the Royal Courts of Justice is estimated to have been sold for around 90 million pounds and will be converted into luxury apartments by its new Indian owners.

Earlier, Macdonald House, which previously housed the Canadian High Commission, had been sold to Lodha group for an estimated 306 million pounds.


It is to be converted into super-luxury homes as well. The Lodha Group is among a number of foreign developers making the most of the London property boom.

Related:

Lodha Group buys MacDonald House from Canadian Government in Central London

www.lodhagroup.com

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Lodha Codename 'The Only' - Spacious 2 BHK & 3 BHK residences Near Majiwada Flyover, Eastern Express Highway, Majiwada, Thane by Lodha Group

Lodha Codename 'The Only' - Spacious 2 BHK & 3 BHK residences Near Majiwada Flyover, Eastern Express Highway, Majiwada, Thane by Lodha Group

Configurations:

- 2 BHK
- 3 BHK

* Rs. 8469 psf for limited number of units only.

Proposed amenities:

Starlit pavilion
Amphitheatre
Cricket pitch
Swimming pool
Alfresco dining area
Evander Holyfield Gym
Furtados School of Music
Sandip Soparrkar's Ballroom Studio & more

www.lodhagroup.com

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Lakeshore Greens - 1 BHK, 2 BHK & 3 BHK apartments at Palava, Mumbai by Lodha Group

Lakeshore Greens - 1 BHK, 2 BHK & 3 BHK apartments at Palava, Mumbai by Lodha Group

Configurations:

- 1 BHK
- 2 BHK
- 3 BHK

starting at Rs 37 lacs.

Location:

Palava, Mumbai

Palava is located in economic growth triangle of Thane, Navi Mumbai & Kalyan and is less than an hour from South Mumbai.

Features & Amenities:

- Central Park
- Vibrant Waterfront with cafes & restaurants
- Cultural Centre

- City-wide security monitoring and more.

www.lodhagroup.com

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Lodha Group looking to buy more properties in London after picking up MacDonald House from Canadian Government in Central London

Lodha Group looking to buy more properties in London after picking up MacDonald House from Canadian Government in Central London

Realty developer Lodha Group is looking at buying more properties in central London after picking up MacDonald House from the Canadian Government in the city for over 300 million pounds or Rs 3,000 crore.

It plans to focus on Mumbai and London as our their main markets and are looking at buying more properties in central London particularly residential and commercial ones, not hotel assets.

The company has already picked up an office spread over 1,000 sq ft at Eaton Square in London to house its UK business' office.

Lodha Group is the first Indian developer to acquire a ready property overseas for a realty project development, while there are few that have already executed project in foreign countries on acquired land parcels.

The company has made initial payment of Rs 300 crore and while the company is hoping to pay balance by January end.

The developer is planning to fund the transaction through internal accruals and is not looking to raise debt or induct a private equity player at this time.


The company is aiming to launch the London project in 6-9 months and is hopeful of fetching 20% internal rate of return over the next 4-5 years. 

www.lodhagroup.com

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Lodha The Rise - Pre launch of 4000 acres city offering 1 BHK, 2 BHK, 3 BHK starting Rs. 37 lacs at Mumbai by Lodha Group

Lodha The Rise - Pre launch of 4000 acres city offering 1 BHK, 2 BHK, 3 BHK starting Rs. 37 lacs at Mumbai by Lodha Group

1 BHK, 2 BHK & 3 BHK apartments on offer for this pre-launch.

Limited time pre-launch window opens mid November.

Features:

• Pre-launching luxury residences at India's best planned 4,000 acre city located at the emerging junction of Navi Mumbai, Thane and Kalyan Dombivili.

• Exclusive 1BHK, 2BHK and 3BHK with lavish internal and external amenities

• A World-class university, Olympic size sports stadium, 100 acre Central Park, 5 million sqft of office spaces in the Central Business District and much more on offer

• Bookings commence mid November


• Prices starting from Rs 37 Lakhs onwards for 1 BHK apartments.


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Prelaunch! Lodha Codename Metropolis - 1 Bed Suites and 2 & 3 Bed Residences in Wadala, Mumbai by Lodha Group

Prelaunch! Lodha Codename Metropolis - 1 Bed Suites and 2 & 3 Bed Residences in Wadala, Mumbai by Lodha Group

Configurations:

- 1 Bed Suites

- 2 Bed & 3 Bed Residences

Location:

Wadala, Mumbai


Apartments starting from Rs. 1.7 crore onwards *

Lodha Group's The Park in Worli, Mumbai records 450 bookings

Lodha Group's The Park in Worli, Mumbai records 450 bookings

Lodha Group’s recently launched neighbourhood in Worli, The Park, witnessed over 450 bookings worth over Rs. 2500 crore on the first day of the applications being accepted. 

Applications have been received from across the country, along with strong interest from NRI’s in the UAE and USA. Prices range from Rs. 3.6 crore to Rs. 10 crore for 2, 3 and 4 BHK residences. 

Lodha Group plans to develop a variety of different projects around this park, ranging from high rises, town houses, luxury retail and even a few select bungalows. 


A part of the 17 acre property has been designed as a tribute to nature with 7 acres of landscapes set on top of a 70 feet tall ‘hill’ at Worli.

Related stories:

Lodha Group launches The Park at Worli in Mumbai

Lodha Group launches The Park at Worli in Mumbai

Lodha Group launches The Park at Worli in Mumbai

The Lodha Group announced a new masterplan district called The Park at Worli, on the property purchased last year for Rs 2727 crore from DLF. It plans to develop a variety of different projects around this park, ranging from high rises, town houses, luxury retail and even a few select bungalows. A part of the 17 acre property has been designed as a tribute to nature with 7 acres of landscapes set on top of a 70 feet tall hill at Worli. 

The Park stands tall at the starting point of Mumbai’s Golden Mile in the epicenter of Worli – a glittering stretch from The Park to upcoming W hotel at S.B. Marg, where landmark residential and commercial developments rub shoulders with the finest hotels, luxury retail malls and premium entertainment hubs.  


Abhishek Lodha, managing director, Lodha Group, said, "This is the very first time that a master plan has been prepared for a development in South Mumbai and different world class designers, architects and brands will come together to create a truly unique variety of mixed use development around this wonderful park, much like the development around Central Park in New York." 

Aishwarya Rai Bachchan, future resident and brand ambassador for the Park said, "The Park is an outstanding development, at par with the best internationally. With such captivating natural beauty, breathtaking design, and limitless convenience waiting at home, going back to The Park is surely something to look forward to."

More details on The Park, Mumbai

Lodha Aqua presents Antartica - 3 Bed Residences at Lodha Aqua,Off Western Express Highway, Dahisar, Mumbai by Lodha Group

Lodha Aqua presents Antartica - 3 Bed Residences at Lodha Aqua,Off Western Express Highway, Dahisar, Mumbai by Lodha Group

The western suburbs' only water-themed development comprises of 11 towers surrounded by fountains and water bodies. 

Landscaping by Singapore - based firm Sitetectonix.

Antartica is ensconced in a luxurious township, with ready-to-use amenities - 2 swimming pools, indoor games arena, multipurpose court, a fully equipped gym, a cricket pitch and children's play area

Located on the Western Express Highway, Antartica is strategically minutes away from key business destinations like Bandra Kurla Complex on the western line and Thane via Ghodbunder Road. 

The location also makes it accessible to entertainment hubs and both domestic and international airports.

Comprising of limited 3 bed residences, with only 2 units per floor.

Amenities that truly make these the most - desired waterfront residences:

• Fully air conditioned homes with marble flooring
• International designer landscaping by Sitetectonix, Singapore
• Largest podium in the western suburbs spread over more than 20,000 sq. mtrs
• Swimming pools (one each for adults and kids)
• Clubhouse with gym and Jacuzzi
• Waterfront cafe
• Jogging track
• Ganesha Temple.

Address: Lodha Aqua,Off Western Express Highway, Dahisar, Mumbai.

More details on www.lodhagroup.com

Pre Launch ! Lodha Grande - 2 BHK residences starting Rs. 1.05 crores at Majiwada off Eastern Express Highway at Thane by Lodha Group

Pre Launch ! Lodha Grande - 2 BHK residences starting Rs. 1.05 crores at Majiwada off Eastern Express Highway at Thane by Lodha Group

Pre-launching Grande, at Majiwada, Thane.
Spacious 2 Bed Residences at Rs. 8883 psf. starting at Rs 1.05 Cr
Opportunity for Only 2 days; 22nd - 23rd June.
Valid for first 27 residences only.

Features:

• Nestled against the stunning backdrop of the Yeoor hills and the Ulhas river
• State-of-the-art gymnasium Multi-purpose court with basketball, volleyball and badminton
• Cricket pitch
• Outdoor swimming pool Indoor games room
• Amphitheatre

Site:

Lodha Grande, Majiwada off Eastern Express Highway at Thane

www.lodhagroup.com

Pre Launch - Lodha Golflinks - 3 BHK residences and Luxury villas at Dombivali, Kalyan-Shil Road, Junction of Dombivali-Navi Mumbai by Lodha Group.

Pre Launch - Lodha Golflinks - 3 BHK residences and Luxury villas at Dombivali, Kalyan-Shil Road, Junction of Dombivali-Navi Mumbai by Lodha Group.

Lodha Golflinks a unique development of luxury villas and suites designed around a spectacular 9-hole golf course, invites you to be a part of exclusive Golf housing community.

3 BHK residences & Villas : Price 1.55 Cr* Onwards
Location : Dombivali, Kalyan-Shil road, Junction of Dombivali - Navi Mumbai


Highly commended, best residential golf development Asia Pacific property awards, in association with Bloomberg television: 

• Spacious 3 Bedroom residences 
• Double-height open-air decks GOLF CLUB: Spa with steam, sauna and massage therapy 
• World-Class golf Simulator
• Practice driving range 
• Putting Green
• Speciality golf store
• Swimming Pool & separate kids’ pool 
• State-of-the-art gym 

CONVENIENCE: 

• Medical Facility
• ICSE school
• Mall & Multiplex
• 24x7 power and abundant water supply.

Sunteck Realty evaluates branded super luxury residences for a Bandra Kurla Complex project

Sunteck Realty evaluates branded super luxury residences for a Bandra Kurla Complex project


Luxury residential firm Sunteck Realty plans to enter the branded residence segment and is evaluating the concept for its super luxury residential projects in Bandra Kurla Complex.

The company is in talks with an international brand to put up global concepts like the Mandarin Residences or luxury brand residences like Versace designed homes or similar branded residences for one of its projects in the BKC.

It is currently developing three premium residential projects in the Bandra Kurla Complex.

Branded residences are an emerging concept in luxury housing, marked by developers tying up with celebrities, international luxury hospitality and lifestyle brand.

Cricketer Sachin Tendulkar is the brand ambassador of Pune-based Amit Enterprises Housing.

Mumbai-based Lodha Group has partnered with Italian designer Giorgio Armani's interior design studio, Armani Casa, for the World Towers residential project in central Mumbai. The project includes World One, the world's tallest residential tower with 117 floors.

More details here

Lodha Aurum Grande Celestia - New Tower of 2 BHK and 3 BHK residences in Kanjurmarg, Mumbai by Lodha Group

Lodha Aurum Grande Celestia - New Tower of 2 BHK and 3 BHK residences in Kanjurmarg, Mumbai by Lodha Group


Lavish 2 and 3 bed residences with state-of-the-art amenities, at Kanjurmarg, slated to be the next Powai.

2 bed residences starting from Rs. 1.27 cr. 3 bed residences from Rs. 1.80 Cr.

Kanjurmarg is bound to witness huge appreciation given the locational advantage and the infrastructural development. Looking at the appreciation potential of the neighbouring markets like Powai/Vikhroli the trend is bound to sustain in the coming years for Kanjurmarg.

Pricing valid only for the first 27 units. 

With limited inventory available in the vicinity, that too at extremely high pricing (2bhk ~ Rs.2 Cr, 3bhk ~ Rs. 3 Cr), this truly is an opportunity one can’t afford to miss. Prime residential property prices in Powai start from ~ Rs. 20,000 psf and go as high as Rs. 24,000 psf. Enter Kanjurmarg. 

Choicest residences with premium views available at a special pricing and comfortable payment schedule for a limited period of 9 days.

More details on Lodha Celestia Pre Launch 

Prelaunching LODHA Celestia - 2 BHK and 3 BHK Residences Next to Kanjurmarg Station, Off Jogeshwari-Vikhroli Link Road, Kanjurmarg (E), Mumbai - 400 042 by Lodha Group

Prelaunching LODHA Celestia - 2 BHK and 3 BHK Residences Next to Kanjurmarg Station, Off Jogeshwari-Vikhroli Link Road, Kanjurmarg (E), Mumbai - 400 042 by Lodha Group

• Fully air-conditioned homes with marble flooring*
• iPad controlled home automation
• 4-fixture master bathroom*
• 2.5 acres of landscape
• 15,000 sq ft grand clubhouse
• Private theatre 

9 day pre-launch starting from 11th May.

Site Address:

LODHA Celestia, Next to Kanjurmarg Station, Off Jogeshwari-Vikhroli Link Road, Kanjurmarg (E), Mumbai - 400 042. 


www.lodhagroup.com

Lodha Aurum Grande' - 2 BHK and 3 BHK homes at Kanjurmarg, Mumbai by Lodha Group

Lodha Aurum Grande' - 2 BHK and 3 BHK homes at Kanjurmarg, Mumbai by Lodha Group

Configurations:

- 2 BHK
- 3 BHK

- Majestic 34-Storey Towers
- IPAD Controlled Smart Homes
- Air Conditioned Homes
- Marble Flooring
- German Grohe and American Kohler Bath Fitments
- 4 Fixture Master Bathroom
- Waterfront Cafe'
- Private Theatre
- World-Class Gymnasium
- Jacuzzi
- Cricket Pitch
- Children's Maze and Floor Games
- Themed Gardens
- Multi-Level Security
- ATM Facility

Site Address:

Lodha Aurum Grande' near Kanjurmarg Station, off JVLR, Kanjumarg (E), Mumbai

www.lodhagroup.com

Lodha Aqua 2 BHK and 3 BHK apartments at Dahisar on Western Express Highway, Mumbai by Lodha Group

Lodha Aqua 2 BHK and 3 BHK apartments at Dahisar on Western Express Highway, Mumbai by Lodha Group


Lodha Aqua is one of the ongoing projects of Lodha Group at Dahisar on Western Express Highway, Mumbai.

Lodha Aqua will have 2 BHK and 3 BHK apartments, coming up on ground + 16 floors, available in sizes ranging from 1017 sq.ft to 1665 sq.ft.

Features and amenities include 

• 24 x 7 power supply, 
• swimming pool, 
• table tennis, 
• gymnasium, 
• snooker, 
• badminton court, 
• mini-theater, 
• yoga pavilion, 
• basketball, 
• tennis courts, 
• cluster garden, 
• children's play area, 
• restaurant and elegant party venue.

The total price of an apartments has been set at Rs.1.2 crores* onward.

More details on www.lodhagroup.com

Related posts:

Lodha Aqua presents Antartica - 3 Bed Residences at Lodha Aqua,Off Western Express Highway, Dahisar, Mumbai by Lodha Group

Lodha Fiorenza 2 BHK, 3 BHK and 4 BHK apartment at Goregaon East, off Western Express Highway, Mumbai by Lodha Group

Lodha Fiorenza 2 BHK, 3 BHK and 4 BHK apartment at Goregaon East, off Western Express Highway, Mumbai by Lodha Group


Lodha Fiorenza is one of the ongoing projects of Lodha Group at Goregaon East, off Western Express Highway, Mumbai.

Lodha Fiorenza will have 2 BHK, 3 BHK and 4 BHK apartments, coming up on ground + 45 floors, available in sizes ranging from 1215 sq.ft to 3195 sq.ft.

Features and amenities include 

• 24 x 7 power supply, 
• swimming pool, 
• table tennis, 
• gymnasium, 
• snooker, 
• badminton court, 
• mini-theater, 
• yoga pavilion, 
• basketball, 
• tennis courts, 
• cluster garden, 
• children's play area and restaurant.

More details on www.lodhagroup.com

Lodha New Cuffe Parade 2 BHK and 3 BHK apartments at Wadala, Eastern Freeway, near IMAX Dome, Mumbai by Lodha Group

Lodha New Cuffe Parade 2 BHK and 3 BHK apartments at Wadala, Eastern Freeway, near IMAX Dome, Mumbai by Lodha Group


Lodha Group is coming up with its new project Lodha New Cuffe Parade at Wadala, Eastern Freeway, near IMAX Dome, Mumbai.

Lodha New Cuffe Parade will have 2 BHK and 3 BHK apartments, coming up on ground + 63 floors, available in sizes ranging from 1377 sq.ft to 1980 sq.ft.

Features and amenities include cricket ground & academy, club house, swimming pool, concierge service, multi activity landscape area, gymnasium, luxury spa, recreation center, rain water harvesting, power backup, security system and intercom facilities.

The total price of Lodha New Cuffe Parade has been set at Rs.2.7 crores* onward.

More details on www.lodhagroup.com

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Lodha, first realtor to cross Rs10,000 crore sales

Lodha, first realtor to cross Rs10,000 crore sales


In a market where the listed real estate players are having a tough time, the yet-to-be listed Lodha Group is set to create a new milestone. It is set to clock a jump of over 70% in new sales this fiscal to cross the Rs10,000 crore mark.

Abhisheck Lodha, MD, Lodha Group, said the company has been in the `5,000-6,000 crore range in the past two financial years. “However, this year, we will see a substantially high, 70% growth and cross 10,000 crore in new sales. This kind of a sales number has never been achieved to our knowledge by any real estate company in India.”

The growth, Lodha added, has come as a result of more projects being completed, new launches catering to large geographies, expanding into different parts of Mumbai and getting into newer markets like Pune and Hyderabad.

“We delivered more than 4 million square feet of space this year and the focus in 2013 will also be on continuing to deliver what we have sold and promised before. There will obviously be new launches and sales,” said Lodha.

This fiscal has been a mixed one for realtors both across the country and particularly in Mumbai, where overall demand softened compared with the previous years.

A recent Knight Frank report said that in 2012, the home absorption numbers dropped 3% to 42,200 units compared with 2011. As for new launches, 2012 witnessed an 8% decline from 2011 with some 50,500 units hitting the market.

Having said that, certain developers, including Lodha and Godrej Properties, have been able to get a very good share of the prevalent demand for their new launches.

For instance, Lodha recently pre-launched 650-odd residential units at its Blue Moon development (on the erstwhile DLF land parcel it had recently acquired) that received approximately 1,300 applications worth over `6,000 crore in a nine-day period.

“We’d assessed the market and realised that the demand for the project would be significantly higher than the supply we had. The response also shows that there is good demand in the market, but it is very picky and wants to make sure it is going into good products that assure quality and offer clarity in delivery as promised,” said Lodha.

As for as Godrej Properties is concerned, for the third quarter, the company reported a total booking value of 672 crore and a total booking volume of 1.04 million square feet (msf) compared with total booking value of `364 crore and total booking volume of in 0.57 msf in the corresponding year-ago quarter. While residential projects recorded a booking value of `550 crore and a booking volume of 0.94 msf, commercial projects witnessed a booking value of Rs122 crore and a booking area of 0.10 msf. More details here

Lodha Supremus - Signature Boutique Offices in Upper Worli and Powai in Mumbai and Mulund-Thane Junction by Lodha Group

Lodha Supremus - Signature Boutique Offices in Upper Worli and Powai in Mumbai and Mulund-Thane Junction by Lodha Group

Lodha Supremus Thane E-brochure

Lodha Supremus Powai E-brochure

Lodha Supremus Worli Naka E-brochure

Lodha Supremus Upper Worli E-brochure

More details on www.lodhagroup.com