Who is Rajendra Lodha? Former director of Lodha developers, arrested for fraud allegedly
Rajendra Lodha, former director of Lodha developers, faces fraud claims and unauthorized land operations. La85 Crore. The PTI was arrested and reported that the detention was expanded by a court until September 29th.
In the midst of ongoing investigations about the former manager, the basic details about Rajendra Lodha –
Who is Rajendra Lodha?
Rajendra Lodha served as the director of Lodha developers LTD from September 2013 to its resignation in 18 August 2025. In a statement to an authorized news agency, he resigned after a study of an ethical committee behavior.
Rajendra Lodha, Rajasthan, Jodhpur University MBM Engineering College received a degree of Civil Engineering. According to the annual report of Lodha developers 2023-24 financial year, he started his career with Lodha and has more than thirty years of experience in all aspects of real estate development.
What is Rajendra Lodha accused?
The 59 -year -old former Lodha developers director of the Mumbai police were arrested on 17 September by the Mumbai police crime branch. The company faces allegations of colluding with others to sell its land and transferable development rights (TDR) to a lesser extent. La85 Crore to Lodha developers.
Police claimed that Lodha’s personal assistant, manager and business developers’ personal assistant, manager and business developers have received a few million rupees from land transactions in the last 12-15 years. In addition, the driver of the defendant confirmed that he had a large bag of cash for him.
An employee claimed that Rajendra Lodha had sold a land appointed for a school or college determined for a school or college, according to the inspectors submitting to the court. The CCTV images from Lodha’s building left his brother Deepak Lodha with three bags on the night of his arrest and suspected the disposal of the police.
In particular, a judicial control of financial transactions was required for excessive transmission. La49.22 Crore to his son’s bank account. After thinking about the arguments of the prosecution, the court expanded Lodha’s custody of Lodha until September 29th. The complaint was opened by Monil Dhanji Gala, the President of the Lodha developers.
Lodha is accused in several episodes of Bharatiya Nyaya Sanhita, including a violation of crime and cheating. Police said Lodha only has the authority to acquire land, and that it is authorized not to sell. However, his son Sahil is accused of collaborating to illegally sell his assets with Lodha and others.
(With inputs from agencies.)
