Mangal Prabhat Lodha
Real Estate

Mangal Prabhat Lodha Net Worth

Mangal Prabhat Lodha is a successful Indian politician and property magnate who founded the Lodha Group in Mumbai. He began by building middle-class homes in the suburbs of Mumbai and has since expanded his business to include luxury skyscrapers such as the 75-story Trump Tower.
Mangal Prabhat Lodha is a member of Real Estate

Age, Biography and Wiki

Birth Place Mumbai, India, India

💰 Net worth: $4.4 Billion (2024)

Mangal Prabhat Lodha, a prominent figure in the Indian real estate industry, is projected to have a net worth of $4.4 billion by 2024. Having achieved success through his various ventures, Lodha has established himself as a notable name in the sector. With a keen business acumen and a passion for serving his clientele, he has spearheaded numerous successful real estate projects that have garnered significant recognition and financial growth. As an influential figure in the industry, Mangal Prabhat Lodha continues to contribute to the growth and development of the Indian real estate landscape.

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

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.

Some Mangal Prabhat Lodha images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.