Lodha secures rights for 4.3-acre SOBO Malabar Hill plot with six bungalows

Realty major Lodha Developers has secured development rights for a significant 4.3-acre land parcel in Mumbai's upscale Malabar Hill. The deal is valued at an estimated Rs 2,800 crore. This acquisition highlights Lodha's focus on premium housing. The transaction involves upfront payments and a revenue share with the land-owning trust.