Abhinandan Lodha Group to invest Rs 110 bn for land acquisition
Real Estate

Abhinandan Lodha Group to invest Rs 110 bn for land acquisition

India's first branded land developer, House of Abhinandan Lodha (HoABL), plans to spend more than Rs 110 billion over the next three to four years to acquire and develop land parcels nationwide in an effort to meet the growing demand for plotted developments and land investments.

The acquisition of land parcels covering at least 3,000 acres in important locations will account for one-third of the planned deployment, or more than Rs. 350,00 million, while the remaining funds will be used for development and operations.

Abhinandan Lodha, MD of HoABL, stated to ET, "We have managed to create a new category of branded land and are looking to take this further by making it more transparent, liquid, and trustworthy with the use of technology." Our belief that there is a significant latent demand for purchasing and investing in land has been bolstered by the responses to our projects thus far.

Since it began operations two years ago, the company has launched four planned developments in Goa, Dapoli, Anjarle, and Neral, and it is on track to achieve sales of Rs 1,000 crore by the end of 2022 and 2023. The business intends to increase its turnover by 2.5 times its performance in 2022-23 in the following fiscal year. HoABL is a division of Lodha Ventures, which Abhinandan Lodha established in 2016 as his second venture into business ownership.

With a top-line of more than Rs 140 billion supporting multiple plotted development launches across India, it hopes to grow its customer base from 5,400 to over 55,000 in the next four years.

India's first branded land developer, House of Abhinandan Lodha (HoABL), plans to spend more than Rs 110 billion over the next three to four years to acquire and develop land parcels nationwide in an effort to meet the growing demand for plotted developments and land investments.The acquisition of land parcels covering at least 3,000 acres in important locations will account for one-third of the planned deployment, or more than Rs. 350,00 million, while the remaining funds will be used for development and operations.Abhinandan Lodha, MD of HoABL, stated to ET, We have managed to create a new category of branded land and are looking to take this further by making it more transparent, liquid, and trustworthy with the use of technology. Our belief that there is a significant latent demand for purchasing and investing in land has been bolstered by the responses to our projects thus far.Since it began operations two years ago, the company has launched four planned developments in Goa, Dapoli, Anjarle, and Neral, and it is on track to achieve sales of Rs 1,000 crore by the end of 2022 and 2023. The business intends to increase its turnover by 2.5 times its performance in 2022-23 in the following fiscal year. HoABL is a division of Lodha Ventures, which Abhinandan Lodha established in 2016 as his second venture into business ownership.With a top-line of more than Rs 140 billion supporting multiple plotted development launches across India, it hopes to grow its customer base from 5,400 to over 55,000 in the next four years.

Next Story
Infrastructure Urban

REC Launches Rs 50.71 Mn Mobile Medical Units in Rajasthan

In a bid to make quality healthcare accessible to remote and underserved communities, REC has extended financial support of Rs 50.71 million under its CSR initiative to the Indian Red Cross Society, Alwar, for operating five Mobile Medical Units (MMUs) over the next three years.The MMUs were flagged off on October 5, 2025, by Bhupender Yadav, Hon’ble Union Minister of Environment, Forest & Climate Change, and Sanjay Sharma, Minister of Environment, Forest & Climate Change and Science & Technology, Government of Rajasthan.The event was attended by members of the REC CSR team, M L ..

Next Story
Products

Utility-Scale Inverter

Polycab’s UT 1500V Series (350kW) three-phase string inverter features 15/12 MPPTs, supports bifacial 182mm/210mm modules, includes optional Anti-PID and PID-recovery, operates in -35°C to +60°C, and ensures high efficiency, safety, and cost-effective utility-scale PV performance.Contact: PolycabWebsite: https://polycab.com/ ..

Next Story
Resources

Shyam Metalics CMD Brij Bhushan Agarwal Elected ICC President

Brij Bhushan Agarwal, Chairman and Managing Director of Shyam Metalics, has been elected President of the Indian Chamber of Commerce (ICC), after serving as Senior Vice President. Agarwal brings decades of experience in the metals and mining sector and has guided Shyam Metalics into a leading integrated metal producer with strong steel, ferro alloys, and aluminum operations. He has also been active in social initiatives spanning education, healthcare, rural development, and skill enhancement. As ICC President, he aims to strengthen the Chamber’s role in supporting sustainable growt..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?