Mangal Prabhat Lodha

About Mangal Prabhat Lodha

Birth Place: Mumbai, India, India

Mangal Prabhat Lodha Net Worth

Mangal Prabhat Lodha was born in Mumbai, India, India. Politician and property magnate Mangal Prabhat Lodha founded privately held developer Lodha Group in Mumbai. A native of the desert state of Rajasthan, Lodha started off by building middle-class homes in Mumbai's far-flung suburbs. After his sons Abhishek and Abhinandan joined the business in 2003, the firm went on an expansion binge picking up prime land parcels. Lodha is building Mumbai's first Trump Tower, a 75-story luxury skyscraper, located in a complex called The Park, in midtown Mumbai.
Mangal Prabhat Lodha is a member of Real Estate

💰 Net worth: $2.9 Billion (Updated at 22 June 2018)

2011 $1.1 Billion
2012 $1 Billion
2013 $1.4 Billion
2014 $1.6 Billion
2015 $3.4 Billion
2016 $2.3 Billion
2017 $2 Billion
2018 $3.5 Billion

Some Mangal Prabhat Lodha images

Biography/Timeline

1981

In 1981, he moved to Mumbai and laid the foundation of the Lodha Group, which over the years, has grown into one of India’s leading real estate companies.

1995

Lodha has been the Member of Legislative Assembly (MLA) of Maharashtra Vidhan Sabha, representing the Malabar Hill constituency for 5 consecutive terms since 1995, after beating the then incumbent Balwant Desai of Indian National Congress.

2014

In 2014, he proposed the building of a coastal freeway from Nariman Point to Virar and from Nariman Point to Ghatkopar through Eastern Freeway.

2017

On 26 March 2017, Lodha demanded that the Jinnah House, the home of founder of Pakistan, Muhammad Ali Jinnah be demolished with a cultural center built in its place. A few days later, Pakistan called for the Jinnah House to be respected.

2019

Involvement of Lodha in anti-national activities and eroding the economic fibre of the country by indulging in Money Laundering. He is gradually and continuously routing the illegal money to his company’s offshore bank accounts through Hawala.