Abhinandan Lodha's Grand ₹1,800 Crore Expansion

The House of Abhinandan Lodha is making a bold move with a ₹1,800 crore investment in the current financial year, aimed at purchasing land and constructing new projects. This expansion plan highlights the Mumbai-based firm's commitment to enhancing its real estate footprint across India.

Having already launched nearly 10 plotted development projects spanning 650 acres in Maharashtra, Goa, and Ayodhya, the company is strategically investing ₹550 crore in construction and the remaining amount in land acquisition. All of this will be funded through internal accruals, showcasing the firm's robust financial health.

Identifying 48 cities nationwide, the House of Abhinandan Lodha plans to leverage existing and upcoming infrastructure projects and the influx of tourists. This ambitious strategy includes launching new housing plots in prominent cities like Amritsar, Varanasi, and Shimla.

The realty firm has already capitalized on the growing demand for housing plots, having launched over 6,000 plots in the past three years. By the end of this calendar year, it aims to add more than 2,000 new plots to its portfolio, catering to the increasing market demand.

Their journey began with a significant development spread over 100 acres in Dapoli, Maharashtra. Now, the House of Abhinandan Lodha is poised to further solidify its presence in the Indian real estate market with this substantial investment and expansion strategy.

News by Rahul Yelligetti