Overview
- The Lodha brothers, Abhishek and Abhinandan, have resolved their longstanding trademark dispute through family mediation, ending years of legal battles.
- Macrotech Developers, led by Abhishek Lodha, retains exclusive rights to the 'Lodha' and 'Lodha Group' brand names, cementing its identity in the real estate market.
- Abhinandan Lodha's firm will operate independently under the 'House of Abhinandan Lodha' brand, focusing on plotted developments across Indian cities.
- A mutual non-interference clause ensures both entities will operate separately, with no overlap in branding or business activities to prevent market confusion.
- The resolution follows allegations by Macrotech of forgery by HoABL, which were denied, and a 5000-crore lawsuit filed earlier this year.