Page 18 - Forbes - India (January 2020)
P. 18
Special Report
mexy xavier
abhishek Lodha’s developments
are finding takers, profits are Can
spurting but then so have finance
costs and borrowings. inside the
next-gen scion’s game plan to
make his company net debt-free Lodha
well within three years
Tower
By Pooja Sarkar
Over
Debt?
18
n August 2014, at a fancy bubbly being passed around in sleek had brought the two to the city and
red carpet event at Four glasses, sat the current President of was to develop their Trump Tower
Seasons Mumbai, which the United States. Back then Donald in Mumbai: Abhishek Lodha, next-
looked nothing less than a Trump, more famous for his TV show gen scion and managing director
I Hollywood movie premiere The Apprentice and his real estate and CEO of the erstwhile Lodha
with golden barricades on the sides business, was flanked by son Trump Developers Ltd, officially Macrotech
of the red carpet and glasses of Junior. And there was the man who Developers Ltd since May 2019.
forbes india • january 31, 2020
