Lodha to exit UK property market; to sell 2 projects in London for Rs 4,200 cr

Lodha to exit UK property market; to sell 2 projects in London for Rs 4,200 cr Lodha Developers, which aims to launch IPO when market condition improves, is also looking to raise about Rs 700 crore by selling stake in a mid-income housing project in Mumbai to private equity players, taking the total fund raising to nearly Rs 5,000 crore.

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