India's Real Estate Market to Thrive: Abhinandan Lodha's Optimistic Outlook
Government investments in infrastructure are driving demand for plotted land in India, says Abhinandan Lodha, Chairman of The House of Abhinandan Lodha.
Real EstateIndiaPlotted LandInfrastructureAbhinandan LodhaReal Estate MaharashtraJul 14, 2024
In Maharashtra, the government's initiatives have already started showing positive results. The state government's efforts to improve connectivity and infrastructure have led to a sharp increase in demand for plotted land. This trend is expected to continue, with The House of Abhinandan Lodha, a major player in the real estate market, witnessing a significant surge in demand for its plotted land projects.
The company, which has a land bank of 700 acres for plotted development, is expected to end the current financial year (FY25) with a growth of 40 per cent on a year-on-year (Y-o-Y) basis. The revenue target for FY25 is Rs 2,400 crore, with earnings before interest, tax, depreciation and amortisation (Ebitda) of Rs 1,300 crore. This is a significant jump from the previous years, with the company having witnessed steady growth since 2021.
The House of Abhinandan Lodha, a prominent real estate developer, has been at the forefront of India's real estate market. With a focus on developing premium plotted land projects, the company has established itself as a trusted brand in the industry.
Information
The House of Abhinandan Lodha is a leading real estate developer in India, known for its premium plotted land projects. The company has a strong presence in Maharashtra, with a land bank of 700 acres for plotted development. Under the leadership of Abhinandan Lodha, the company has witnessed significant growth, driven by its commitment to quality and customer satisfaction.
Frequently Asked Questions
What is driving the demand for plotted land in India?
Government investments in new roads, highways, and airports are driving demand for plotted land in India.
How much growth is The House of Abhinandan Lodha expecting in FY25?
The company is expecting a growth of 40 per cent on a year-on-year (Y-o-Y) basis in FY25.
What is the revenue target for The House of Abhinandan Lodha in FY25?
The revenue target for FY25 is Rs 2,400 crore, with earnings before interest, tax, depreciation and amortisation (Ebitda) of Rs 1,300 crore.
How much land does The House of Abhinandan Lodha have for plotted development?
The company has a land bank of 700 acres for plotted development.
What is the focus area of The House of Abhinandan Lodha?
The company focuses on developing premium plotted land projects in India.
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