Archive · 18 Sep 2025
Ex-Lodha Director Arrested in ₹85 Crore Fraud Case
Rajendra Lodha, a former director of Lodha Developers, has been arrested for allegedly committing fraud.
Police accuse Lodha of misusing his position to carry out unauthorized sales of company properties and undervaluing land deals.
He's also accused of illegal Transferable Development Rights (TDR) transactions and forging agreements.
The Mumbai Police arrested him from his Worli residence.
He has been remanded in police custody until September 23.
Lodha Developers, the company, maintains a zero-tolerance policy toward misconduct and requested his resignation on August 17.
He is a distant relative of the CEO.
Rajendra Lodha, former director, arrested for ₹85 crore fraud.
Arrest made by Mumbai Police from his Worli residence.
Lodha is accused of fraud, misappropriation, and breach of trust.
Case involves unauthorized sales, undervalued land deals, and illegal TDR transactions.
Lodha will remain in police custody until September 23.
- Who
- Rajendra Lodha
- What
- Arrested for fraud and misuse of position
- When
- September 17, 2025
- Where
- Worli, Mumbai
- Why
- Alleged fraud, misappropriation, and breach of trust
Lodha Developers
Rajendra Lodha
Actions
Lodha Developers
Maintains a strict zero-tolerance policy, requested resignation.
Rajendra Lodha
Unknown at this time.
- Accused
- Rajendra Narpatmal Lodha
- Former Position
- Director, Lodha Developers Limited
- Arrest Date
- Wednesday, September 17, 2025
- Charges
- Fraud, misappropriation, criminal breach of trust
- Amount of Fraud
- ₹85 crore
- Location of Arrest
- Worli, Mumbai
- Custody
- Until September 23
- Company Response
- Zero-tolerance to misconduct
Sources
Mumbai News: Former Lodha Group Director Rajendra Lodha Arrested In ₹85 Crore Fraud Case; Remanded To Police Custody Until September 23
Former director held for duping Lodha developers of Rs 85 cr in Mumbai
Former director of real estate firm arrested in fraud case
Former director of Lodha Developers arrested in fraud case
Former Lodha Developers director Rajendra Lodha arrested for ₹85 crore fraud case. Details here
