Bengaluru, Jan. 26 -- Mumbai's Lodha Developers Ltd's maiden Bengaluru project has run into a legal tussle with a group of residents over the development of high-end residential towers.
In June 2022, Lodha entered the Bengaluru market and signed its first joint development agreement, acquiring a 100% equity stake in G Corp Homes Pvt Ltd for a residential project. On a part of these 20 acres, G Corp had built a project named Icon North with six towers. The Mumbai-based realty firm is developing its new project, Lodha Mirabelle, on the remaining land.
In 2023, Icon residents filed a complaint with the Karnataka Real Estate Regulatory Authority, accusing Lodha of changing the approved plan without their consent. The changes included buildi...
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