Lodha - Best real estate company with only past laurels | Glassdoor.co.in
  1. Helpful (6)

    "Best real estate company with only past laurels"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Assistant General Manager in Mumbai
    Doesn't Recommend
    Negative Outlook

    I have been working at Lodha full-time

    Pros

    Brand name Wide portfolio of real estate Marquee projects Good marketing and sales team

    Cons

    Pathetic man management Poor HR policies just for the name sake More about perception management than performance New management sitting at the helm of affairs know NOTHING about real estate industry and it's trends. Strategically and intellectually handicapped business heads, 2nd class people who could not succeed in their industry, hired from BFSI, and applying same principles here. Major reason for the recent... mass exodus of good talent from this company.

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    Advice to Management

    Spend some time and understand real estate trends and it's techniques. Simply copy paste of your BFSI sales process will only boomerang. Applying tremendous pressure on your sales team will only result in mass exodus. That's what is happening. Mr. Abhishek Lodha, please wake up before its too late.

    Lodha2016-08-25
  1. "Company Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager- Hospitality & Property Management in Mumbai
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lodha full-time for less than a year

    Pros

    Open work culture, Friendly work atmosphere, No bossy attitude, performance driven review structure, very good work-life balance (7 offs/ per month and flexible reporting time), lot of employee engagement initiatives taken by the HR, highly competitive compensation

    Cons

    Actually, no cons I can think of really. But, Since I have to mention it as a mandatory question then I would say (in comparison to my last organisation)- the employee have to carry their own tiffin/ meals. It could be made free (atleast lunch, if not snacks)...

    Advice to Management

    The Mumbai real estate market is not at its peak right now, hence with the economic slowdown it will get real tough and tight to remain the market leader if we focus on only one product aspect. Thus, diversifying into different segments of the industry is key to maintain and sustain the revenue and profit margin.

    Lodha2019-09-17
  2. "Good company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager in Mumbai
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Lodha full-time for less than a year

    Pros

    Timely pay disbursement Decent work culture

    Cons

    Work life balance needs to be improved Need better performance management cycle - Payout needs to be timely

    Advice to Management

    Actively listen to your employees and gauge the pulse of the organisation

    Lodha2019-09-16

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