The House of Abhinandan Lodha (HoABL) Projects

The House of Abhinandan Lodha (HoABL) projects in Kolkata

A Land-First Developer Looking East

The House of Abhinandan Lodha (HoABL) was founded in 2020 by Abhinandan Lodha and is headquartered in Mumbai.

Founded in 2020 by Abhinandan Lodha, the company develops residential plotted land projects, and as of 2024 it reported operations across 16 locations in India, including Goa, Himachal Pradesh, Maharashtra, Punjab, and Uttar Pradesh. The company's model is distinct from conventional apartment building: unlike developers who focus on building homes or commercial spaces, The House of Abhinandan Lodha is sharply focused on premium land ownership. That single-minded focus on branded, legally verified plots is the lens through which HoABL evaluates any new city, Kolkata included.

How HoABL Chooses Its Next City

HoABL initially focused on land developments in the Konkan region of Maharashtra, and between 2022 and 2023 expanded its land holdings into Goa and North India, acquiring 51 acres in Ayodhya. In January 2023, the company announced a capital expenditure plan of ₹11,000 crore to be deployed over a four-year period. The pattern that emerges from Ayodhya, Varanasi, Vrindavan, Amritsar, Shimla and Nagpur is consistent: choosing cities with significant cultural, spiritual, and tourism appeal, the House of Abhinandan Lodha is poised to make a mark in regions that blend heritage with modern aspirations. The company has identified 48 cities for plotted development, and its founder has been explicit that expansion follows infrastructure and demand signals rather than legacy addresses. Kolkata — a city with its own heritage core, a fast-metroising periphery, and a rapidly forming institutional and IT corridor — sits squarely in the category of city HoABL has been targeting as it scales beyond its original western and northern India base.

Why Kolkata's Growth Corridors Read Like a HoABL Map

The infrastructure story that has driven HoABL's site selection elsewhere — metro-linked land in early appreciation phases — is playing out in Kolkata right now. On 22 August 2025, three new metro extensions were inaugurated, including the Sealdah–Esplanade stretch that completes a vital gap in the East–West corridor, and the Noapara–Airport Yellow Line Phase I, delivering the city's first airport metro link. The Orange Line metro, currently under construction through the Rajarhat–New Town corridor to the airport, is targeting completion by December 2026, and is expected to be a second-wave catalyst for the area. This is the exact infrastructure-first, appreciation-ahead-of-completion setup that has underpinned HoABL's plotted-land thesis in markets such as Alibaug and Ayodhya.

The numbers already visible in Kolkata support the case. Investors who bought in Rajarhat between 2020 and 2022, during metro construction, are sitting on 40–50% gains. NRI investments in Rajarhat have surged 36% recently. The next such opportunity window is arguably Joka and Behala, where the Purple Line's full southern extension is still incomplete. For a developer whose entire proposition rests on identifying land ahead of an infrastructure curve, that description of Kolkata's eastern and southern flanks is telling.

New Town, Rajarhat and EM Bypass: The Land Economics Kolkata Already Has

Properties in premium localities, including New Town, Salt Lake, Noapara, and Uniworld City, start at Rs 5,500 per sq ft, while for investors in the luxury segment above ₹1.5 crore, the EM Bypass corridor offers the best liquidity in Kolkata, with over 90% of the city's luxury segment demand concentrating in EM Bypass, Ballygunge, and Salt Lake. This is precisely the kind of layered market — an established luxury core and an emerging metro-linked periphery — where HoABL has typically entered through curated plots rather than built inventory. Current rates of ₹5,000–₹8,500 per sq ft in the Rajarhat–New Town belt compare favourably with similar planned townships in Pune or Navi Mumbai, and rental yields of 5–7% are supported by IT park demand.

Rajarhat and New Town already carry the structural hallmarks HoABL looks for elsewhere: planned road grids, gated plotted sectors, and civic authority oversight. Rajarhat was designed as a complete township with offices, schools, hospitals, shopping malls, multiplexes, hotels, banquets, and clubs. Metro Line 6 is nearing completion with commercial services expected soon, and the Orange Line connecting the township directly to the airport is awaited. That combination of planned infrastructure, institutional demand from Sector V's IT corridor, and metro-led connectivity is the same combination HoABL has monetised in Alibaug's coastal corridor and Nagpur's emerging-city thesis.

A Brand Built on Verified Titles

For any buyer evaluating HoABL's approach to a market like Kolkata, the operating promise is consistent across its existing geographies: every land parcel offered by The House of Abhinandan Lodha undergoes rigorous legal due diligence, and all projects are RERA-registered, with customers receiving complete legal documentation. Each plot is legally verified and RERA-compliant, giving buyers a distinct real estate experience compared to conventional apartment purchases. This clean-title, branded-land format is what HoABL is known for in Maharashtra, Goa and Uttar Pradesh, and it is the standard a Kolkata-based buyer should expect if and when the company formalises plans in the city, given its stated ambition to expand across dozens of Indian markets. HoABL operates as part of Abhinandan Ventures, founded by Abhinandan Lodha, and is legally and structurally distinct from Macrotech Developers' Lodha brand.

The Broader Signal for Kolkata Buyers

HoABL's recent moves outside its core states — unique land parcels and curated luxury projects in Vrindavan, Varanasi, Amritsar, Shimla, Nagpur, and Khopoli near Mumbai — show a developer willing to enter fresh states when a city's growth story, cultural weight, or infrastructure pipeline aligns with its brand. The company has also entered hospitality, launching Miros Hotels & Resorts with a debut property in Goa and plans for expansion across Alibaug, Matheran, and other premium coastal locations — indicating that HoABL increasingly views land, leisure and legacy as one connected proposition rather than isolated plots. Kolkata, with its metro-linked eastern belt, an EM Bypass luxury corridor already commanding premium liquidity, and a state government actively courting IT investment through incentives such as a 50% property tax exemption for land and buildings used by the IT and ITES industries, valid for twelve years, aimed at encouraging investment in the state's IT sector, presents exactly the kind of growth-corridor city that fits HoABL's stated criteria for its next phase of national expansion.

Frequently Asked Questions

Does The House of Abhinandan Lodha (HoABL) currently have a launched project in Kolkata?+
HoABL's confirmed portfolio as of 2024 spans 16 locations across Maharashtra, Goa, Uttar Pradesh, Punjab and Himachal Pradesh. The company has stated it has identified 48 cities nationally for future plotted development, and Kolkata's infrastructure-led growth profile aligns with the type of city it has been entering.
What kind of projects does HoABL typically build, and would that model suit Kolkata?+
HoABL specialises in acquiring large land parcels and developing them into branded, legally verified plotted communities rather than constructing apartments. Kolkata's metro-linked corridors such as New Town, Rajarhat and the Joka-Behala belt already have the planned-township, gated-plot format HoABL favours elsewhere.
Why does Kolkata's metro expansion matter to a land investment thesis like HoABL's?+
The Orange Line to the airport is under construction through the Rajarhat-New Town corridor and is targeted for completion by December 2026, while three new metro extensions, including the first airport metro link, opened in August 2025. Infrastructure-ahead-of-completion is the exact pattern HoABL has monetised in markets like Alibaug.
How do Kolkata's land and plot prices compare with cities where HoABL already operates?+
Premium New Town and Rajarhat localities start around Rs 5,500 per sq ft, with the broader belt trading between roughly Rs 5,000 and Rs 8,500 per sq ft, rates that compare favourably with similar planned townships in Pune or Navi Mumbai where branded land developers are active.
Is HoABL affiliated with the Lodha Group that builds apartments across Mumbai and other cities?+
No. HoABL operates under Abhinandan Ventures, founded by Abhinandan Lodha, and is a separate company from Macrotech Developers, which sells properties under the Lodha brand; the two have been in a public trademark dispute over use of the Lodha name.
What returns have early movers seen in Kolkata's metro-linked corridors, the kind HoABL targets elsewhere?+
Investors who bought in Rajarhat between 2020 and 2022, during metro construction, are estimated to be sitting on gains of 40 to 50 percent, while NRI investment in the corridor has reportedly risen sharply in recent periods.
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