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