Rs 6.86 crore Mumbai flat in Lower Parel sold for Rs 5.36 crore, Rs 5 crore adjusted as brokerage; Lodha Developers alleges Rs 6.67 crore loss in Mankoli land acquisition and Lower Parel flat
Lodha Developers Ltd has lodged a complaint against former director Shivaji Jadhav involving financial losses. The complaint claims irregularities occurred during a land acquisition deal in Mankoli and a flat transaction in Lower Parel. Allegations include a brokerage agreement for ₹5 crore and a discount on a luxury apartment. Rajendra Lodha's involvement was discovered after a preliminary inquiry by the police.
