
The House of Abhinandan Lodha expands footprint in 6 new cities, to invest ₹3000 cr in plotted development projects
Hindustan TimesMumbai-based real estate firm, The House of Abhinandan Lodha, that shot to fame after it launched the first luxury plotted development project in Ayodhya soon after the Ram temple consecration ceremony, announced a ₹3,000 crore investment to expand its footprint in six new cities - Amritsar, Shimla Varanasi, Nagpur, Khopoli and Vrindavan - on November 8. The House of Abhinandan Lodha on November 8 announced a ₹ 3,000 crore investment to expand its footprint in six new cities - Amritsar, Shimla Varanasi, Nagpur, Khapoli and Vrindavan. The company will launch around 5,500 plots in these six new cities by June next year,” said Abhinandan Lodha, founder, The House of Abhinandan Lodha. The company will fund investments through internal accruals and from its platform with HDFC Capital and the company expects $1 billion in revenue from plotted development projects in these six cities,” he told reporters.
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