HoABL Ventures into Vertical Real Estate, Targets 50% Revenue in 3 Years
HoABL, a leading real estate developer, has announced its ambitious plan to venture into the vertical development segment, aiming to generate 50% of its revenue from this sector within the next three years. This strategic move is expected to revolutionize the real estate landscape in Maharashtra, particularly in Mumbai.
HoablVertical Real EstateReal Estate DevelopmentMaharashtraSustainable LivingReal Estate MaharashtraApr 23, 2025
The vertical development segment is characterized by the construction of high-rise buildings, which efficiently utilize limited land resources while accommodating a larger number of residents or businesses. HoABL’s focus on this segment is driven by the increasing urban population and the need for more efficient use of land in cities like Mumbai, where space is at a premium.
According to industry experts, the vertical real estate market in Maharashtra is poised for significant growth. The state government’s policies and initiatives to promote sustainable and high-density developments have further bolstered the sector's prospects. HoABL’s entry into this market is expected to bring a new wave of innovation and quality to the vertical real estate landscape.
HoABL’s CEO, Mr. Alok Kumar, expressed his optimism about the company’s new venture. 'We are excited about the potential of the vertical development segment and are committed to creating value for our stakeholders by delivering high-quality, sustainable projects. Our strategy is to leverage our expertise in real estate development and our deep understanding of the local market to capture a significant share of this growing market,' he said.
To achieve its target of 50% revenue from vertical projects, HoABL has outlined a multi-pronged approach. The company plans to invest heavily in research and development to incorporate the latest technologies and sustainable practices in its projects. Additionally, HoABL will focus on strategic partnerships and collaborations to enhance its capabilities and ensure the successful execution of its vertical projects.
One of the key areas of focus for HoABL will be the development of mixed-use projects that integrate residential, commercial, and recreational spaces. These projects will not only meet the diverse needs of urban residents but also contribute to the creation of vibrant, sustainable communities. HoABL’s commitment to sustainability is evident in its plans to incorporate green building practices, energy-efficient designs, and smart technologies in its vertical developments.
The company’s entry into the vertical real estate market is also expected to have a positive impact on the local economy. By creating new job opportunities and driving economic growth, HoABL’s projects will contribute to the overall development of the region. Moreover, the company’s focus on high-quality, sustainable developments aligns with the government’s vision of a cleaner, greener, and more livable urban environment.
In conclusion, HoABL’s foray into the vertical development segment represents a significant milestone in the company’s growth journey. With a strong focus on innovation, sustainability, and customer satisfaction, HoABL is well-positioned to achieve its revenue targets and establish itself as a leader in the vertical real estate market. The coming years are expected to witness exciting developments from HoABL, which will likely influence the broader real estate industry in Maharashtra.
Frequently Asked Questions
What is HoABL's main goal with its new vertical real estate projects?
HoABL aims to generate 50% of its revenue from vertical real estate projects within the next three years.
Why is HoABL focusing on vertical development?
HoABL is focusing on vertical development to efficiently utilize limited land resources and meet the growing demand for high-density, sustainable living spaces in urban areas.
What strategies is HoABL implementing to achieve its targets?
HoABL plans to invest in research and development, incorporate the latest technologies, and form strategic partnerships to ensure the successful execution of its vertical projects.
How will HoABL's vertical projects impact the local economy?
HoABL’s vertical projects are expected to create new job opportunities, drive economic growth, and contribute to the development of vibrant, sustainable communities.
What is HoABL's commitment to sustainability in its vertical developments?
HoABL is committed to incorporating green building practices, energy-efficient designs, and smart technologies in its vertical developments to promote sustainability.
Related News Articles
Indian Real Estate Sector Hails Union Budget 2024 as a Game-Changer
The Union Budget 2024 has received a thumbs-up from the Indian real estate industry, with industry leaders praising its focus on inclusive development, infrastructure, and innovation.
Homebuyers Who Accept Partial Refund Without Interest Cannot Seek Interest Later
MahaRERA rules that homebuyers who accept partial refund without interest cannot seek refund with interest later. Find out why.
Pune Real Estate Market Sees Significant Deals: MRF Leases Massive Warehouse Space
MRF leases 3.85 lakh sq ft warehousing space in Pune at a monthly rent of ₹1.04 crore, contributing to the growing real estate market in the city.
Inside Virat Kohli's Luxurious World: From Opulent Mansions to Swanky Cars
Virat Kohli's net worth exceeds Rs 1,000 crore, and his lifestyle is a reflection of his wealth. From luxurious mansions to high-end cars, here's a glimpse into his extravagant possessions.
Raymond Ltd to Develop Rs 1800 Crore Housing Project in Mumbai with Landowner
Real estate company Raymond Ltd has partnered with a landowner to develop a housing project in Mumbai with an estimated revenue potential of Rs 1800 crore. The project is expected to significantly boost the local real estate market and provide much-needed
Tata Katcon Secures 77,800 Sq. Ft. Industrial Space in Pune's Chakan
Tata Katcon has signed a long-term lease for 77,800 square feet of industrial space in Pune's Chakan area, reflecting the growing demands for modern industrial facilities in the region.