MD Abhishek Lodha of the RealTech Developers Sunday said “There is a pure dispute” between his company and the House of Abinandan Lodha about the use of the Sealication and “nothing to do with the brothers”.
The Macrotech Developers has recently included the Bombay High Court against the House of Abinundan Lodha (Hoabl), built by his younger brother Abinundan, for breaking the right signs, compensation, and damage.
In an article with PTI, Abhishek Lodha said he had no problem with his younger brother Abinandan Lodha business, but he said that his company has all right to protect its trademarks – ‘Yodha’ and ‘Nonodha Group’.
Macrotech Developers is in the stock trade and is one of the leading housing companies in the country, while the House of Abinand Lodha plans to improve in various cities and the gooty.
In this regard, Abishek said, “I (Abinandan). He emphasized that consumers have the right to know which company is partnering.
The word ‘Yod’ is made of many attempts over the last few decades, saying, adding that “as a company will not allow our product to be diluted.”
Noting that Macotech has one of the leaders in the world, the owners of its shares, Abishek said the company had been prepared to protect their customers with shareholders.
“You are my brother I wish the good for the company to do to protect this thing, I have no problem with him doing all the way but not. of the India, “to the assertion of A ibhishek.
However, he asserted him, “It is not with my brothers. It is a chaste force for the company.” The matter will be held on Monday in the Bombay High Court.
Abinandan Lodha had quit Macrotech Developers (formerly Lodha Devocers) in 2015 to start his business.
In response to a case against HOAABL Court Abinandan Lodha in a statement last week said Macrotech Developers “can’t digest the” success of his company.
“As Macotech Developers Ltd opened the case in the High Court, we will be officially answered,” said Abinundan, when he told his name Lodha before his brother and his brother.
Abinundan also said that he had helped Macotech financially and after the breakup.
“I hope my family will respect every commitment to me as I accomplished not all my obligations but beyond that, when I’m asked to help advice, time and money,” said Abinundan.
In a controlling file on January 22, Macotech developers explained the reasons for this decision.
“ABnondan Lodha and her own housing organizations do business and create confusion in consumers with their association with ‘Lodha Group’,” Macroth.
HOABL marketed their business in a deceptive way and / or such a widely known and most valuable word ‘Lodha’ and ‘The Macrotech, while quoting other events in the control file.
“We have been affected by many Customers in terms of their issues / questions to deliberately construct a construction of the market participants and the HOABL communication,” Macrotech said.
Macrotech had said it is important that the company protects IPR (intellectual property right).
On Saturday, Macotech Developers reported 88 percent of their integrated benefits up to RS 944.4 Crore quarterly ended with high-income during the powerful housing demand.
Every advantage is standing on Rs 503.3 crore over the period of last year.
The sum of income increase to RS 4,146.6 Crore in the third part of this amount from RS 2,958.7 crore in the corresponding period of the previous year.
During the financial year of 2024-25, the entire company’s benefit has doubled to RS 1,842.6 from RS 883.6 crore in the corresponding period of the past year.
The sum of income increased to RS 9,749.5 Crore in the first nine months of the budget from Rs 6,385.6 Crore in the corresponding period of the previous year.
On the side of the operation, Macrotech has benefited Rs 12,820 Crore proteee until December at the Growth of 25 percent.
The company hopes to reach RS 17,500 crore.
Macrotech Developers Letted ~ 100 Million Square Feet of Real Estate and currently improves more than 110 million square feet under its continuous and organized portfolio.