M angal Prabhat Lodha is an Indian real estate tycoon and politician. He is the founder of the Macrotech Developers (formerly known as Lodha Group), one of India's largest and most prominent real estate development companies. A lawyer by training, he founded his property development business in Mumbai in 1980. He has since built a reputation for undertaking large-scale, high-end residential and commercial projects, and is credited with changing the skyline of Mumbai.
Some of his company's most iconic projects include the World One tower, one of the tallest residential buildings in India, and Palava City, a massive, privately planned smart city on the outskirts of Mumbai. In addition to his business career, Lodha is a senior politician with the Bharatiya Janata Party (BJP). He has served multiple terms as a Member of the Legislative Assembly (MLA) in Maharashtra. His sons, Abhishek and Abhinandan, now run the day-to-day operations of the publicly traded real estate empire.
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Mangal Prabhat Lodha is an Indian businessman, the self-made billionaire Founder and Executive of Lodha Group (Lodha Developers), one of India's largest real estate developers, and a prominent politician (serving as a member of the Maharashtra Legislative Assembly). His career is rooted in law, real estate development, and political service.
Lodha holds a B.Com. degree and a Law degree (LL.B.). His entrepreneurial journey began in 1980 when he founded the Lodha Group in Mumbai, recognizing the immense, untapped domestic demand for high-quality, high-rise residential properties. His philosophy centers on scale, quality construction, and long-term commitment to the Mumbai and Pune urban markets.
Mangal Prabhat Lodha's strategic genius was his commitment to urban high-rise development. Under his guidance as Executive, the Lodha Group expanded aggressively, successfully navigating the complex Mumbai real estate regulations. His structural contribution is immense: providing large-scale housing and commercial infrastructure to one of the world's most populous urban centers.
His career is marked by political service: he has been a long-serving member of the Maharashtra Legislative Assembly and has been active in public policy. He successfully executed the Lodha Developers IPO in 2021 (raising Rs 2,500 crore). His wealth is secured by the colossal, long-term, stable profitability of the Indian real estate sector.
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Founds the Lodha Group (Founding).
Elected as a member of the Maharashtra Legislative Assembly (Political Entry).
Lodha Developers executes its successful IPO (Financial Milestone).
Continues as Founder and Executive, guiding the massive real estate empire (Executive Oversight).
Mangal Prabhat Lodha's wealth is concentrated in his founding equity and continued executive leadership role in the publicly traded real estate giant, Lodha Group (Lodha Developers) (NSE: LODHA), and his private investments.
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Mangal Prabhat Lodha's social impact is structural, stemming from Lodha Group's role in providing essential housing and commercial infrastructure for the massive population of the Mumbai Metropolitan Region. His political service provides a structural contribution to public policy and governance in Maharashtra. His personal philanthropy supports various community and educational initiatives.
His structural contribution is tied to the successful industrialization and scale of the highly complex Indian real estate development sector.
Mangal Prabhat Lodha maintains the professional, composed style of a businessman and politician. His attire is consistently formal and high-quality, favoring tailored suits or traditional Indian attire. His aesthetic reflects serious authority and stability, typical of a leader in the high-stakes real estate sector.
Residing in Mumbai, India, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to real estate development, political service, and corporate governance.
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-0.34% | -$4.94M
+0.21% | +$37.28M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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