Abhishek Lodha is managing director of the privately held Lodha Group, one of India’s largest real-estate developers. It is currently building Palava, a 4,500-acre greenfield city near Mumbai. Construction started in 2010, and the first residents arrived in 2014. In an interview with Subbu Narayanswamy, a Mumbai-based McKinsey senior partner who leads the firm’s work in real estate globally, Lodha spoke about India’s rapidly evolving real-estate sector and what it takes to build a city of the future.
