The House of Abhinandan Lodha (HoABL), a rising name in India’s property development world, has announced a major move into Mumbai’s real estate space. The company is investing ₹2,500 crore to launch three large-scale building projects in the city, marking its first step into vertical (high-rise) development.
This shift from land plotting to high-rise buildings signals a big change in the company’s approach—and it’s a bold one.
Why This Matters
So far, HoABL has mostly focused on land development—buying large plots in smaller towns and cities, creating well-planned layouts, and selling them to buyers who want to build their own homes. Now, the company is setting its sights on India’s biggest and most competitive market: Mumbai.
But they’re not just dipping their toes—they’re diving in with three key projects that will shape the city’s skyline in different ways.
Also Read: Discover the Affordable Areas to Live in Mumbai
The Three Projects Unveiled
1. Commercial Redevelopment at Marine Lines
One of the projects will transform a well-known building in South Mumbai, originally known as the American Culture Center. HoABL purchased this property in late 2024. It has a stunning location—right between Marine Drive and the Mumbai harbour, offering amazing views on both sides.
Now, the company is turning it into a commercial complex, perfect for offices or high-end retail outlets. The building will have seven floors and offer about 60,000 square feet of space. The idea is to create a modern, upscale environment in one of the most prestigious areas of the city.
2. Luxury Living Near Chowpatty
The second project is in another iconic location—Chowpatty, known for its beach, cultural vibes, and proximity to Marine Drive. HoABL plans to build a luxury residential tower here. While the size of the project is smaller—about 50,000 square feet—its value lies in its premium location and sea views.
This project is all about high-end living in the heart of Mumbai, targeting buyers who want a mix of heritage, luxury, and convenience.
3. Township Development in Naigaon
The third and most ambitious project is located in Naigaon, a fast-growing suburb in western Mumbai. HoABL is working in partnership with Mittal Builders to bring this project to life.
Unlike the other two, this one is much larger in scale. It’s being developed as a self-contained township, meaning it will include not just homes, but also shopping areas, parks, and lifestyle amenities. The project is expected to cover over 3 million square feet, making it a mini-city of its own.
It will feature high-rise residential towers, street-level retail spaces, and plenty of open spaces. The aim is to provide everything a family needs—right within the community.
Big Plans, Smart Investment
While the total investment across these projects is ₹2,500 crore, HoABL is being cautious about debt. Most of the funding will come from the company’s own earnings, with only ₹250–₹300 crore expected to be borrowed. This shows that the company is growing steadily without overloading itself financially.
Construction work on these projects is expected to start by the end of 2025, and all three are planned to be completed over the next five years.
Also Read: Delhi, Mumbai & Bengaluru Real Estate Now Unaffordable for the Middle-Class Buyer
Looking Beyond Mumbai
Although this is HoABL’s first set of vertical projects, the company isn’t stopping here. It’s already eyeing more cities for similar developments—places like Nagpur, Amritsar, and Vrindavan are on the roadmap. These locations fit well with the company’s past work in cultural and spiritual towns.
The company’s bigger goal? To be present in 48 cities across India by 2030.
Still Strong in Land Development
While HoABL is stepping into vertical buildings, it’s not leaving its core business behind. It will continue developing plotted layouts in places like Goa, Alibaug, Khopoli, and Ayodhya. It already has over 15 million square feet of land delivered and another 39 million under development.
The goal is to grow both vertical and horizontal businesses side by side, and eventually have equal earnings from both.
A New Way of Building Real Estate
What makes HoABL stand out is its modern, tech-driven approach. It has a fully digital sales process, meaning customers can explore, choose, and even book plots or apartments online. The company focuses heavily on design, ease of ownership, and lifestyle, aiming to give buyers more than just a place to live—it wants to deliver a great living experience.
Final Thoughts
With its entry into Mumbai’s high-rise real estate scene, HoABL is making a clear statement: it’s here for the long run and ready to take on major cities. Backed by thoughtful planning, strategic investments, and a strong reputation, these new projects could redefine how people experience real estate in India’s financial capital.
As Mumbai continues to grow upward and outward, it’ll be exciting to see how HoABL contributes to the city’s evolving landscape.
Follow AquireAcers Whatsapp Channel to Stay Updated With The Latest Real Estate News
 (1)_1745396434.webp)
Ans 1. HoABL stands for the House of Abhinandan Lodha, a branded land developer known for its plotted development projects across India.
Ans 2. This marks HoABL’s entry into vertical real estate (high-rise buildings), expanding its focus beyond land plotting to large-scale residential and commercial development.
Ans 3. HoABL is investing approximately ₹2,500 crore across three projects located in Marine Lines, Chowpatty, and Naigaon.
Ans 4. The projects include a premium commercial space in Marine Lines, a luxury residential tower near Chowpatty, and a large integrated township in Naigaon.
Ans 5. Construction is expected to begin by December 2025, with project completion planned over the following five years.