Lodha developers case: Police say accused procured plot reserved for school, bags of cash were brought to his office

'25 witnesses gave damaging evidence against Rajendra Lodha'

Mumbai | September 23, 2025 11:12 PM IST

3 min read

The police have said that they have found an excel sheet on a hard drive of a computer at the Shil Phata Dombivali office of the real estate company in which they found records of money that Lodha had provided to other accused, companies and other individuals. (Source: File)

The Mumbai crime branch investigating the case against the former director of Lodha Developers Rajendra Lodha who was arrested on September 17, told the court on Tuesday that they have recorded statements of 25 witnesses who have given damaging evidence against the accused.

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Of these, seven statements were recorded before the magistrate which have higher evidentiary value.

According to police, as per the witness’s statements, the accused had sold a plot reserved for a school to his son’s firm, and his driver used to bring bags of cash to his office.

The probe mentions that even though Rajendra Lodha, a distant relative of CEO Abhishek Lodha, did not have the power to purchase and sell land on behalf of the real estate giant, he was doing it for more than a decade allegedly to accrue profits for himself while shortchanging the company.

The court on Tuesday further extended the custody of Lodha to September 29. The accused stepped down as the director from the company in August.

In their remand report, the police said that statements of employees reveal that the accused was involved in property deals worth crores of rupees.

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Through the extraction of his mobile phone, the police said they have found some chats related to property deals in which some code words were allegedly used by him.

The police said that statements revealed that in the past 12 months, large sums were transferred to six brokers and other individuals of which Rs 1.11 crore were soon transferred to the accused’s account back again.

An employee further said the accused had taken a plot reserved for a school and college and sold it to the company where his son Sahil was a partner.

Sahil has also been named as an accused in the case.

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Another statement mentioned that the accused’s driver would sometimes bring bags of cash to the office, where another employee and accused in the case would count it.

The Mumbai police had registered an FIR in the case earlier this month following which the probe was handed over to the crime branch that carried out the arrest.

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