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Mangal Prabhat Lodha

Mangal Prabhat Lodha

M. Lodha
-0.34% | - $-22.83M
$6.62 B ₹ 60,249 Cr
Real Time Net Worth #614 Ranking as of 21 Feb 2026 By Forbes

More on Mangal Prabhat Lodha

Gender

Male

Age

70Y

Country

India

Born On

December, 1955

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Real Estate)

Primary Organization

Macrotech Developers

Titles

Founder Chairman

Sources of Wealth

Macrotech Developers

Industry

Real Estate, Construction, Politics

About Mangal Prabhat Lodha


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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Quick Reads


  • Founder of Macrotech Developers, one of India's largest real estate firms.
  • His company is known for luxury projects, including the World One tower in Mumbai.
  • He is also a veteran politician with the Bharatiya Janata Party (BJP).
  • He is a lawyer by training.
  • His sons now manage the daily operations of the family's property business.

Early Life and Background


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.

  • Lodha Group (Founder & Executive): The core private asset, one of India's largest real estate developers (specializing in residential and commercial high-rises in the Mumbai Metropolitan Region).
  • Political Role: He is a member of the Maharashtra Legislative Assembly for the Bharatiya Janata Party (BJP).
  • Real Estate Dominance: His company is known for building luxury and mid-market high-rises (including iconic projects like the Lodha Altamount).
  • Family Governance: His son, Abhishek Lodha, serves as the Managing Director and CEO, ensuring generational continuity.

Career Journey of Mangal Prabhat Lodha


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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Mangal Prabhat Lodha's Timeline


1980:

Founds the Lodha Group (Founding).

1990s:

Elected as a member of the Maharashtra Legislative Assembly (Political Entry).

2021 (April):

Lodha Developers executes its successful IPO (Financial Milestone).

Ongoing:

Continues as Founder and Executive, guiding the massive real estate empire (Executive Oversight).

Major Business Ventures and Investments


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.

  • Lodha Group (Founder & Executive): The core private asset, one of India's largest real estate developers (specializing in residential and commercial high-rises in the Mumbai Metropolitan Region).
  • Political Role: He is a member of the Maharashtra Legislative Assembly for the Bharatiya Janata Party (BJP).
  • Real Estate Dominance: His company is known for building luxury and mid-market high-rises (including iconic projects like the Lodha Altamount).
  • Family Governance: His son, Abhishek Lodha, serves as the Managing Director and CEO, ensuring generational continuity.

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Philanthropy and Social Impact


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.

Fashion, Style, and Lifestyle


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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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the founder of Lodha Group, one of India's largest real estate developers.
  • He is a member of the Maharashtra Legislative Assembly (BJP).
  • His company successfully executed its Rs 2,500 crore IPO in 2021.
  • His son, Abhishek Lodha, is the MD and CEO.
  • He holds a Law degree (LL.B.).
  • His fortune is a direct result of the massive growth and complexity of the Mumbai real estate market.
  • His philosophy emphasizes scale and quality construction.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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