The House of Abhinandan Lodha, founded in 2020 by Abhinandan Lodha, built its early reputation on plotted land developments in coastal Maharashtra before expanding into Uttar Pradesh. The House of Abhinandan Lodha (HoABL) is an Indian real estate company headquartered in Mumbai, Maharashtra, founded in 2020 by Abhinandan Lodha, and the company develops residential plotted land projects. In Lucknow, that plotted-development approach takes shape as The Sarayu in Sadar Bazaar, within the Cantonment area — a project that carries forward the same brand name HoABL uses for its flagship riverside development in Ayodhya, extended here to the state capital.
The Lucknow project is a distinct, RERA-registered plotted development. The project is spread over an area of 14.5 acres, with around 219 units on offer across two phases. Its RERA registration number is UPRERAPRJ311468, and the project's status can be verified on the Uttar Pradesh RERA portal. It is currently under construction, with possession scheduled for May 2027. The layout follows HoABL's plotted format rather than a built-apartment format — strategically designed plots with brick work on boundary walls intended to let a community take shape around them.
Lucknow is not an isolated bet for HoABL — it sits inside a broader Uttar Pradesh push that the developer has been building since 2022–23. Between 2022 and 2023, the firm expanded its land holdings into Goa and North India, acquiring 51 acres in Ayodhya. That Ayodhya project, also branded The Sarayu, has since become HoABL's most visible showcase, backed by a joint venture with HDFC Capital Advisors investing ₹1,500 crore in plotted and low-rise developments, and a partnership with The Leela Palaces Hotels & Resorts to develop a hotel within the Ayodhya project. Of the company's announced ₹11,000 crore expansion plan, ₹3,000 crore is earmarked for Uttar Pradesh development, including ₹1,200 crore for Ayodhya alone. Lucknow's proximity to Ayodhya — a little over two hours by road — places The Sarayu, Sadar Bazaar within the same regional growth corridor that HoABL has been building around the state capital, Kanpur and Ayodhya together, an axis the company has referenced directly in its own communications. Two of Uttar Pradesh's prominent cities, Lucknow and Kanpur, have been addressed directly by HoABL as an audience for its Ayodhya project, underlining how the company treats the state's urban centres as a connected customer base rather than isolated markets.
At a national level, HoABL's model has stayed centred on plotted land rather than high-rise construction. According to company reports, HoABL has a portfolio of over 1,000 acres of plotted developments, with 13 million square feet of land sold and an additional 34 million square feet in the development pipeline. The company develops and manages land projects across Maharashtra, Uttar Pradesh, Goa, Punjab and Himachal Pradesh. Every project, including the Lucknow development, follows the same due-diligence framework the company applies nationally: every land parcel offered by HoABL undergoes rigorous legal due diligence, and all projects are RERA-registered with complete legal documentation provided to customers.
The Sarayu sits within Sadar Bazaar, one of Lucknow's oldest Cantonment-area markets, a location defined by military-era planning, walkable retail, and central-city hospitals rather than by peripheral greenfield expansion. Cantonment Board Hospital, Suraj Multispeciality Hospital and Handa Hospital Lucknow are the closest healthcare facilities to the project site. Connectivity runs through the city's Cantonment locality network: Hazratganj Metro Station, Lucknow Charbagh railway station, Lucknow Junction railway station, and Hussainganj metro station serve as the commute options nearest the locality. The nearest metro station to the project itself is roughly 1.7 km away. Residents of the wider Cantonment area have rated it well for day-to-day convenience — reviewers highlight easy cab and auto availability, good public transport, no significant traffic jams nearby, and good schools in the vicinity.
Sadar Bazaar's identity as a functioning bazaar economy also matters to the pitch: it is a locality built around continuous footfall and commerce rather than a purely residential enclave. In addition to being a market for traders, Sadar Bazaar is a parliamentary constituency, making it a hub for politics as well. For a HoABL buyer, this translates into a plotted development inside a locality with established civic infrastructure and central-city access, rather than a speculative frontier location — a different profile from HoABL's coastal or riverfront projects in Alibaug or Ayodhya, but consistent with the company's stated approach of anchoring each development to a location's existing demand base.
The broader city context helps explain why a branded land developer would extend its Uttar Pradesh strategy from Ayodhya into Lucknow. The city's metro network, operational since 2017, has reshaped several corridors: the Red Line has been operational since September 2017, an elevated and underground line connecting CCS International Airport to Munshi Pulia, covering 22.87 km across 21 stations. An upcoming Phase 1B, an 11.17 km East-West Corridor from Charbagh to Vasant Kunj, will add 12 more stations. Citywide, infrastructure spending is substantial: Lucknow is set to witness a massive Rs 29,000 crore infrastructure upgrade, including new flyovers and expressways. Other major projects reshaping the city include a 150-metre-wide outer ring road and a Lucknow-Kanpur Expressway that is cutting travel time between the two cities to around 45 minutes.
On pricing, Lucknow continues to sit well below India's larger metros while showing steady annual appreciation. Property prices in Lucknow increased by approximately 5.5% in 2025, with a property that cost ₹10,000 per square foot in 2024 valued at around ₹10,550 per square foot. The city offers lower entry points than Delhi-NCR or Mumbai, with rental returns averaging 5-7% and capital appreciation of 10-15% per annum. Within the Cantonment micro-market specifically, the average transaction rate is around ₹3,156 per square foot, based on recent transactions in the area.
HoABL positions its plotted developments around clear-title assurance and a digital-first transaction process rather than construction-heavy delivery. Focusing on plotted developments rather than construction-heavy projects reduces capital requirements and execution risk, and the company has applied this same structure — individually demarcated plots, RERA registration, and phased delivery — to The Sarayu in both Ayodhya and Lucknow. For Lucknow buyers, the project represents HoABL's branded-land format applied to a Tier-2 capital city micro-market with established Cantonment infrastructure, rather than a first-time greenfield location, and it is being delivered in two phases with possession targeted for May 2027.
