I own one of the Lodha properties and after dealing with them for 5 years from the start to the delivery, I can tell you that you are locked once you book the property. Most of their properties have negative gearing and a very bad investment. You will also be forced to be at their mercy and unless you are willing to go to court and mostly you will loose and end up locked in the contract. I been through all the stages and apart from their base costs, be prepared for another 20% in taxes and fees which are not disclosed to you at the time of booking. They will not allow you sell the property to a 3rd party unless you registered the property or sell it back to them at 75% of the base cost you paid. Unless you have surplus cash Lodha is not for you. If you would prefer life, buy a property from them which is ready for registration and do not advise you to go for something under construction. They charged me 80% of the money and delivered the flat after 3years.I own one of the Lodha properties and after dealing with them for 5 years from the start to the delivery, I can tell you that you are locked once you book the property. Most of their properties have negative gearing and a very bad investment. You will also be forced to be at their mercy and unless you are willing to go to court and mostly you will loose and end up locked in the contract. I been through all the stages and apart from their base costs, be prepared for another 20% in taxes and fees which are not disclosed to you at the time of booking. They will not allow you sell the property to a 3rd party unless you registered the property or sell it back to them at 75% of the base cost you paid. Unless you have surplus cash Lodha is not for you. If you would prefer life, buy a property from them which is ready for registration and do not advise you to go for something under construction. They charged me 80% of the money and delivered the flat after 3years.

The slab structure is flawed. They once charged me for 3 slabs for the project in one payment demand which is about 35lakhs. Their contract says you have to pay on initiation of the work but not completion. So be careful about the terminology used. There is a condition in their contract that they are not liable for any delays and will not pay any penalties if the project is delayed for reasons out of their control. Reasons out of control could be as simple as unavailability of workers. But you already paid for the start of work. This has happened to me hence the warning.The slab structure is flawed. They once charged me for 3 slabs for the project in one payment demand which is about 35lakhs. Their contract says you have to pay on initiation of the work but not completion. So be careful about the terminology used. There is a condition in their contract that they are not liable for any delays and will not pay any penalties if the project is delayed for reasons out of their control. Reasons out of control could be as simple as unavailability of workers. But you already paid for the start of work. This has happened to me hence the warning.