HoABL Launches 2500 Crore Vertical Development Projects in Mumbai

Mittal Builders, under the House of Abhinandan, has unveiled a massive 2500 crore project to develop ultra-luxury residential units in Marine Lines, Mumbai, aiming to transform the real estate landscape.

Mumbai Real EstateUltraluxury ResidentialHouse Of AbhinandanSustainable LivingMittal BuildersReal Estate MumbaiApr 24, 2025

HoABL Launches 2500 Crore Vertical Development Projects in Mumbai
Real Estate Mumbai:Mumbai, the bustling financial capital of India, is witnessing yet another significant transformation in its real estate sector. House of Abhinandan (HoABL), a leading developer known for its innovative and luxury residential projects, has announced a 2500 crore vertical development initiative. This ambitious project is set to redefine the luxury living standards in Mumbai, particularly in the prime location of Marine Lines.

The project, spearheaded by Mittal Builders, a subsidiary of HoABL, will focus on creating ultra-luxury residential units that cater to the discerning tastes of high-net-worth individuals. The development will encompass a mix of modern amenities, cutting-edge technology, and sustainable living practices, ensuring a premium living experience for its residents.

Located in the heart of Mumbai, Marine Lines is one of the most sought-after neighborhoods, known for its proximity to key business districts, educational institutions, and healthcare facilities. The area's strategic location makes it an ideal choice for luxury residential projects, and the new development by HoABL is set to capitalize on this advantage.

The project is expected to include a range of amenities such as a state-of-the-art fitness center, a swimming pool, landscaped gardens, and dedicated recreational areas. Additionally, the development will feature smart home technology, ensuring residents enjoy a seamless and connected living experience. Safety and security will be at the forefront, with advanced surveillance systems and round-the-clock security personnel.

One of the key highlights of the project is the integration of sustainable building practices. HoABL is committed to reducing the environmental footprint of its developments and will incorporate green building materials and energy-efficient systems. This commitment to sustainability aligns with the growing trend of eco-conscious living and will attract environmentally aware buyers.

The American Culture Center, a prominent landmark in Marine Lines, will also benefit from the new development. HoABL plans to collaborate with local authorities and community organizations to enhance the area's cultural and recreational offerings. This synergy will not only improve the quality of life for residents but also contribute to the vibrancy of the neighborhood.

The project is expected to create numerous job opportunities, both during the construction phase and after completion. Local businesses and service providers will also see a boost in demand, contributing to the overall economic growth of the area.

Mittal Builders, with its extensive experience in luxury real estate, is confident that the project will set new benchmarks in the Mumbai real estate market. The company has a strong track record of delivering high-quality projects on time and within budget, and this new development is no exception.

Potential buyers can expect the project to launch in the coming months, with a detailed brochure and virtual tours available on the HoABL website. The sales office will also be open to interested parties, providing them with the opportunity to explore the project in person.

In conclusion, the 2500 crore vertical development project by HoABL in Marine Lines, Mumbai, represents a significant milestone in the city's real estate landscape. With its focus on luxury, sustainability, and community engagement, the project promises to deliver a premium living experience to its residents and contribute to the overall development of the area.

Frequently Asked Questions

What is the total investment for the new development project in Mumbai by HoABL?

The total investment for the new development project in Mumbai by House of Abhinandan (HoABL) is 2500 crore rupees.

Where is the project located within Mumbai?

The project is located in Marine Lines, one of the most sought-after neighborhoods in Mumbai.

What are some of the key features of the new residential units?

The new residential units will feature modern amenities, smart home technology, a state-of-the-art fitness center, a swimming pool, landscaped gardens, and dedicated recreational areas.

How is the project integrating sustainable building practices?

The project will incorporate green building materials, energy-efficient systems, and advanced surveillance systems to reduce its environmental footprint and promote sustainable living.

What is the expected impact of the project on the local community and economy?

The project is expected to create numerous job opportunities, both during the construction phase and after completion. It will also boost local businesses and service providers, contributing to the overall economic growth of the area.

Related News Articles

State Street Leases Office Tower in Mumbai for GCC Expansion
real estate news

State Street Leases Office Tower in Mumbai for GCC Expansion

State Street Corporation, a leading global financial services provider, has leased an office tower from Brookfield Properties near Mumbai's BKC to set up its Global Client Center (GCC). The tower will house around 2,000 employees and support the company's

November 24, 2024
Read Article
Godrej Group's Restructuring Gets Green Light from Competition Commission
Real Estate Mumbai

Godrej Group's Restructuring Gets Green Light from Competition Commission

The Competition Commission of India has approved the Godrej group's internal restructuring, which will see the 127-year-old conglomerate split between two branches of the founding family.

June 18, 2024
Read Article
MagicBricks Survey Reveals 35% Buyers Interested in Ultra-Luxury Properties Post-COVID
real estate news

MagicBricks Survey Reveals 35% Buyers Interested in Ultra-Luxury Properties Post-COVID

A recent survey by MagicBricks indicates a significant shift in the real estate market, with 35% of buyers now showing a keen interest in ultra-luxury properties. The survey highlights the changing lifestyle preferences and market trends in the wake of th

November 8, 2024
Read Article
NBCC MAHAPREIT Targets Massive Rs 25,000 Crore Project Execution in Maharashtra
Real Estate Maharashtra

NBCC MAHAPREIT Targets Massive Rs 25,000 Crore Project Execution in Maharashtra

NBCC has announced its ambitious plan to execute projects worth Rs 25,000 crore in Maharashtra. The company, known for its expertise in Project Management Consultancy (PMC) and real estate, is poised to significantly boost the region's infrastructure and

March 26, 2025
Read Article
Why Renting in Pune Made This Tenant a Cool Rs 2 Crore Richer
Real Estate Mumbai

Why Renting in Pune Made This Tenant a Cool Rs 2 Crore Richer

Rahul Jain's unconventional decision to rent a 3BHK apartment in Pune instead of buying one has paid off in a big way. Find out how he made a cool Rs 2 crore by not buying a home.

September 22, 2024
Read Article
Godrej Properties to Develop 6.54 Acres of Prime Land in Kharghar, Navi Mumbai
Real Estate Mumbai

Godrej Properties to Develop 6.54 Acres of Prime Land in Kharghar, Navi Mumbai

Godrej Properties Ltd (GPL) has won the bid to develop a 6.54-acre premium land in Sector 5-A, Kharghar, with plans to create a high-end residential community.

October 16, 2024
Read Article