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.
Related News Articles
Unlocking Opportunities in the Real Estate Insurance Market: Trends, Insights, and Projections
Discover the latest trends, challenges, and opportunities in the real estate insurance market, featuring key players, regional analysis, and market segmentation.
Pune Real Estate Market Sees 50% Jump in Registered Transactions, Average Home Price Reaches Record High
The number of real estate transactions in Pune has increased significantly, with registered transactions surging by 50% in the April-June 2024 quarter.
Haryana and Jammu & Kashmir Assembly Election Dates Announced by EC; Results to be Declared on October 4
The Election Commission of India has announced the dates for the Haryana and Jammu & Kashmir assembly elections. The polls will be held in a single phase on October 21, and the results will be declared on October 4.
Century Textiles Acquires 10-Acre Land in Mumbai for ₹1100 Crore, Expects ₹14,000 Crore in Revenue
Century Textiles plans to develop the land through its real estate subsidiary Birla Estates, expecting ₹14,000 crore in revenue from the project.
Virgo Daily Horoscope for September 14, 2024: A Temporary Setback in Assets and Real Estate Deals
Be cautious with real estate deals today, as a temporary decline in assets may occur. However, this setback will be short-lived.
DLF Q2 Earnings Skyrocket: Net Profit Surges to ₹1381 Crore
DLF, India's leading real estate firm in terms of market capitalization, has reported a remarkable surge in its Q2 net profit, jumping over twofold to ₹1381 crore. The company, primarily engaged in the development and sale of residential and commercial pr