HoABL Dives into Vertical Real Estate with a Rs 2500 Crore Investment
The House of Abhinandan Lodha (HoABL), a prominent land developer in India, has made a strategic move into the vertical real estate sector with a significant investment of Rs 2500 crore. This bold step signals a new chapter in the company's growth and diversification plans.
HoablVertical Real EstateReal Estate InvestmentUrban DevelopmentSustainable DevelopmentReal EstateApr 23, 2025
The decision to enter the vertical real estate sector is driven by the growing demand for high-rise residential and commercial properties in urban areas. With rapid urbanization and the increasing need for efficient use of land, vertical developments have become a preferred choice for developers and buyers alike. HoABL aims to leverage this trend by developing state-of-the-art vertical properties that meet the evolving needs of modern urban living.
The investment of Rs 2500 crore will be allocated towards various projects, including residential towers, commercial complexes, and mixed-use developments. HoABL's focus will be on creating sustainable, eco-friendly, and technologically advanced buildings that offer a high quality of life for residents and tenants. The company has already identified several key locations in major cities across India where these projects will be initiated.
Speaking on the occasion, Abhinandan Lodha, the founder and chairman of HoABL, expressed his excitement about the new venture. 'This is a natural progression for our company as we continue to innovate and adapt to the changing market dynamics. Vertical real estate is the future, and we are committed to being at the forefront of this transformation. Our projects will not only redefine the skyline of our cities but also set new benchmarks in sustainable and responsible development.'
HoABL's entry into vertical real estate is expected to create a ripple effect in the industry, encouraging other developers to explore similar opportunities. The move is also likely to boost the local economy by generating employment and promoting urban development. The company has already formed partnerships with leading architects, engineers, and construction firms to ensure that its projects are executed to the highest standards.
The first phase of HoABL's vertical real estate projects is expected to be launched in the next 12-18 months. The company will adopt a phased approach to development, ensuring that each project is carefully planned and executed to meet the exacting standards of its stakeholders. HoABL is committed to delivering projects that are not only aesthetically pleasing but also functional, sustainable, and safe.
In conclusion, HoABL's foray into vertical real estate is a bold and visionary move that aligns with the company's long-term growth strategy. With a strong foundation in land development and a commitment to innovation, HoABL is well-positioned to succeed in this competitive market. The company's investment of Rs 2500 crore underscores its confidence in the sector and its dedication to creating value for all its stakeholders.
Frequently Asked Questions
What is HoABL's new venture?
HoABL (House of Abhinandan Lodha) is entering the vertical real estate sector with a significant investment of Rs 2500 crore. This move is aimed at developing high-rise residential and commercial properties in urban areas.
Why is HoABL investing in vertical real estate?
The demand for high-rise properties in urban areas is growing due to rapid urbanization and the need for efficient land use. HoABL aims to capitalize on this trend by developing state-of-the-art vertical properties that meet modern living standards.
Where will HoABL's projects be located?
HoABL has identified several key locations in major cities across India for its vertical real estate projects. These locations are chosen to maximize the potential of the high-rise developments.
What types of projects will HoABL focus on?
HoABL will focus on developing residential towers, commercial complexes, and mixed-use developments. The emphasis will be on creating sustainable, eco-friendly, and technologically advanced buildings.
When will the first phase of projects be launched?
The first phase of HoABL's vertical real estate projects is expected to be launched within the next 12-18 months. The company will adopt a phased approach to ensure careful planning and execution.
Related News Articles
Maharashtra MLAs Urge Scrapping of Nagpur-Goa Highway Amid Environmental Concerns
Maharashtra MLAs have urged the scrapping of the Nagpur-Goa highway project due to environmental concerns and sustainability issues.
India's Real Estate Sector Sees Record Investments of $4.8 Billion in H1 2024
Institutional investments in Indian real estate surge to a record $4.8 billion, driven by foreign and domestic investors, with emerging sectors like data centres and life sciences gaining traction.
NCP Leader Amir Khaanzada Goes Missing, Associate Found Dead in Raigad
Navi Mumbai police found real estate agent Sumit Jain's body near Pen, Raigad, but are still searching for Amir Khaanzada, NCP leader, who was with Jain.
Top Executive Ashish Singh Quits Actis, to Pursue Entrepreneurial Ventures
Ashish Singh, head of India and SE Asia realty at Actis, resigns after 20 years of experience in real estate. He will stay on till end of 2025.
Metal Stocks Perform Well: National Aluminium and NMDC Gain 3%
The recent stimulus package from the Chinese government, focusing on real estate and infrastructure, has boosted metal stocks, with National Aluminium and NMDC each rising by 3%. This positive trend reflects growing optimism in the global metal market.
Bombay High Court Directs Local Bodies to Integrate with MahaRERA Portal
The Bombay High Court has ordered all municipal corporations and councils in Maharashtra to integrate their websites with the MahaRERA portal for real-time data sharing and improved transparency.