Bengaluru, April 14 -- After three months of mediation, real estate developers and brothers Abhishek and Abhinandan Lodha said on Monday that they have amicably resolved all outstanding disputes between their respective companies, with the guidance of their parents.

As part of the settlement, Macrotech Developers Ltd, led by Abhishek Lodha, will retain exclusive ownership and usage rights of the brand names 'Lodha' and 'Lodha Group'. His younger brother Abhinandan Lodha will exclusively own and use the brand name 'House of Abhinandan Lodha' (HoABL), the companies said in a joint statement.

Lodha Group and HoABL operate independently and have no affiliation with each other.

Read this | Macrotech Developers accuses House of Abhinandan Lo...