Mittal and HoABL Join Forces for Rs 20 Billion Housing Project in Naigaon
Mittal Builders and House of Abhinandan Lodha (HoABL) have announced a joint venture to develop a Rs 20 billion housing project in Naigaon, a key area in the Mumbai Metropolitan Region. This ambitious project aims to deliver over 4,600 apartments and 30 lakh sq ft of high-street retail space.
Real EstateJoint DevelopmentNaigaonHousing ProjectRs 20 BillionReal Estate NewsJul 18, 2025
The project, which spans over 30 lakh sq ft, will consist of approximately 4,600 apartments. The developers aim to cater to a wide range of buyers, from first-time homebuyers to investors looking for premium properties. The strategic location of Naigaon, coupled with its proximity to major commercial hubs, makes it an attractive destination for both residential and commercial developments.
Mittal Builders, known for their robust construction practices and commitment to quality, will bring their expertise to the table. On the other hand, HoABL, a leading name in the real estate sector, will leverage its extensive experience in developing high-end residential and commercial projects. The synergy between these two entities is expected to result in a well-planned and meticulously executed project.
The project will feature a mix of residential units, ranging from compact 1BHKs to spacious 3BHKs, designed to meet the diverse needs of potential buyers. Additionally, the development will include a significant amount of commercial space, with over 30 lakh sq ft dedicated to high-street retail. This will not only enhance the lifestyle of residents but also provide numerous business opportunities for retailers and entrepreneurs.
The project is expected to create a significant number of jobs during the construction phase and post-completion, contributing to the local economy. The developers have also committed to incorporating sustainable building practices and green spaces to ensure a healthy and sustainable living environment for residents.
Naigaon, located in the western suburbs of Mumbai, has been witnessing rapid urbanization and development over the past few years. The introduction of this large-scale housing project is expected to further boost the area's appeal and attract more investments. The project is slated to commence in the next few months, with the first phase expected to be completed within three years.
Both Mittal Builders and HoABL have expressed their enthusiasm for the project, stating that it aligns with their vision of creating world-class living spaces that enhance the quality of life for residents. The success of this joint venture is expected to set a new benchmark for real estate development in the region and pave the way for more such collaborations in the future.
For more information on the project, interested parties can visit the official websites of Mittal Builders and House of Abhinandan Lodha or contact the project offices directly.
Frequently Asked Questions
What is the total investment for the housing project in Naigaon?
The total investment for the housing project in Naigaon is Rs 20 billion.
How many apartments will be included in the project?
The project will include approximately 4,600 apartments.
What is the total area of the project?
The total area of the project is 30 lakh sq ft.
Who are the developers involved in this project?
The developers involved in this project are Mittal Builders and House of Abhinandan Lodha (HoABL).
When is the project expected to be completed?
The first phase of the project is expected to be completed within three years.
Related News Articles
Linklaters Facilitates Integration of Saba into Interparking to Boost Pan-European Urban Mobility
AG Real Estate, AG Insurance, Interparking, and APG have joined forces with CriteriaCaixa to integrate Saba, a leading public car park operator, into Interparking. This move will significantly enhance Interparking Group’s position as a major player in urb
Canada's Luxury Real Estate Market Finds Stability in Q3 2024
In the Greater Toronto Area (GTA), luxury real estate sales over $4 million remained steady, with a 3.0 per cent year-over-year increase between July and August 2024. The market in Vancouver and Montreal also showed varying trends, influenced by populatio
Office Space Leasing to See 14% Surge in 2024: Cushman & Wakefield
India's office real estate market is booming, with gross leasing expected to reach a record 85 million sq ft in 2024, driven by strong demand from various sectors.
MHADA to Build 8 Lakh Affordable Homes in Maharashtra Over Next Five Years
Maharashtra Deputy Chief Minister Eknath Shinde, who also oversees the housing and urban development portfolio, announced that the Maharashtra Housing and Area Development Authority (MHADA) will construct 8 lakh affordable homes across the state in the ne
Maharashtra Budget 2025: Major Announcements Including Third Airport in Mumbai and Key Metro Link
The Maharashtra Budget 2025 has brought several significant announcements, including the development of a third airport in Mumbai and the extension of a key metro link. These projects aim to enhance infrastructure and boost economic growth in the region.
Dwarka's Real Estate Boom: How Improved Connectivity is Transforming the Area
Dwarka, once a remote residential area in the National Capital Region (NCR), has transformed into one of the top commercial and real estate hubs. The development of metro lines, expressways, and other infrastructure has played a crucial role in this trans