India’s Lodha Group homes in on London property market

♠ Posted by at Sunday, September 21, 2014 in ,,,, at Sunday, September 21, 2014

Lodha Group, India’s largest housing developer by sales, is launching an aggressive drive to become one of the largest players in London's residential property market, investing as much as $5bn by the end of 2018.

Abhishek Lodha, managing director, told the Financial Times he planned to take on local incumbents such as Berkeley and Barratt Development with a push to acquire properties that he described as “the largest foreign direct investment in the [UK] housing space ever”. Read More..

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