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HoABL invests ₹200 crore in Mumbai’s affordable housing, plans 7 more projects

MUMBAI: Realty company House of Abhinandan Lodha is investing ₹200 crore in an affordable housing project located in suburban Naigaon and is exploring seven additional sites for similar developments across metropolitan Mumbai, a senior official revealed on Monday. Abhinandan Lodha, chairman of HoABL, shared with reporters that discussions have commenced on one of the sites while others are still being evaluated. The identified sites include one close to the upcoming Navi Mumbai International Airport, he added. “All projects will be joint developments with landowners. We aim to achieve over 20 lakh sq ft of development potential, expected to be delivered…

IndustryLatest Stories

Mittal Builders, HoABL to invest ₹2,000 Cr in Mumbai project

NEW DELHI: Realty company Mittal Builders has partnered with House of Abhinandan Lodha to launch a housing project in the Mumbai Metropolitan Region with a total investment of ₹2,000 crore. On Thursday, Mittal Builders announced it has signed a Joint Development Agreement (JDA) with House of Abhinandan Lodha (HoABL) to co-develop an 11-acre project comprising 3 million sq ft, including over 4,600 apartments and high-street retail spaces. The project is anticipated to be unveiled in the second quarter of 2025-26. “The joint venture entails an investment of approximately ₹2,000 crore and a gross development value (GDV) of over ₹3,000 crore…