The House of Abhinandan Lodha (HoABL) was founded in 2020 by Abhinandan Lodha as a company developing residential plotted land projects. In its first five years it built a genuinely unusual track record: selling over 13 million sq ft of developed land and carrying another 34 million sq ft under active development, all without incurring a loss. Starting from land developments in the Konkan region of Maharashtra, it expanded between 2022 and 2023 into Goa and North India, including 51 acres in Ayodhya. By late 2024 the company had announced a capital expenditure plan of ₹11,000 crore to be deployed over a four-year period, and had formed a joint venture with HDFC Capital Advisors, investing ₹1,500 crore in plotted and low-rise developments across India.
Until 2025, HoABL's product was almost entirely horizontal — gated plotted communities in coastal, spiritual, and leisure destinations. The pivot to vertical housing in the Mumbai Metropolitan Region (MMR) marks a deliberate broadening of that strategy. The company officially ventured into vertical real estate with three standout projects spread across South to North Mumbai, with a total development potential of 3.1 million square feet. The capital behind that expansion is substantial: HoABL is eyeing ₹3,500 crore in revenue from its vertical portfolio, backed by a ₹2,500 crore investment sourced via a mix of internal accruals and structured debt.
The Mumbai vertical portfolio spans Marine Lines, Chowpatty, and Naigaon within the city proper, plus Navi Mumbai. In collaboration with Mittal Builders, HoABL is crafting a Growth Housing model in Naigaon, featuring over 4,600 apartments and high-street retail zones. Within Navi Mumbai, while the ₹2,500 crore investment anchors the Mumbai city entry, HoABL has identified the Kharghar project as a pivotal node for future appreciation.
The project was officially launched in January 2026 and is currently under construction. HoABL Kharghar is a 50-acre residential landmark offering premium 2 and 3 BHK apartments, positioned in Navi Mumbai's most active educational and commercial corridor. Unit configurations run from 2 BHK at 760 sq ft to 3 BHK at 1,108 sq ft. The project emphasises vastu-aligned layouts and sustainable green design, with possession scheduled for November 2029.
Residents will benefit from thoughtfully ventilated east- and west-facing residences that maximise natural light. The project is designed as a gated township — not a standalone tower — incorporating landscaped greens, wide internal roads, and a community-first site plan. RERA registration is in process; every land parcel and project offered by HoABL undergoes rigorous legal due diligence, and all projects are RERA-registered with complete legal documentation.
Kharghar is one of the few localities in the MMR that combines CIDCO-planned civic infrastructure with genuine social depth — schools, hospitals, a 200-acre Central Park, and an established rental market — and still sits at a price point below equivalent Mumbai neighbourhoods. It is described by market analysts as the most "arrived" of the emerging nodes, with strong liveability and mature social infrastructure, currently priced at ₹11,000–₹18,000 per sq ft.
Three infrastructure milestones have materially shifted the investment calculus for Kharghar in the past 24 months. First, the Navi Mumbai International Airport (NMIA) opened on December 25, 2025, directly reshaping property valuations in the southern corridor. Kharghar sits approximately 12–14 km from the airport. Second, the MTHL (operational since January 2024) connects South Mumbai to Navi Mumbai in around 20 minutes. Third, Navi Mumbai Metro Line 1 (Belapur–Pendhar) is now fully operational, giving Kharghar and Taloja residents daily metro access. A further road project reinforces the picture: the Kharghar–Turbhe Link Road project (₹2,099 crore) has been under construction since December 2024, with tunnel breakthrough expected in late 2026, and is projected to cut travel time between Kharghar and Turbhe from 40 minutes to just 10 minutes.
On the commercial side, CIDCO's International Corporate Park project is set to turn Kharghar into a business hub comparable to Mumbai's Bandra-Kurla Complex. This commercial hub, often called BKC 2, will bring thousands of high-paying jobs to the vicinity. Kharghar is already a hub for professionals working in IT, BFSI, education, and healthcare sectors, and with more companies setting up in Navi Mumbai the demand for quality 1, 2, and 3 BHK apartments continues to grow.
The price trajectory confirms this demand. Property prices in Kharghar have risen from ₹4,500 per sq ft in 2010 to ₹7,500 in 2020, and stand at ₹11,000–₹18,000 per sq ft as of 2026. On a quarterly basis, average prices in Kharghar moved from ₹12,750 per sq ft to ₹14,500 per sq ft during Q1 2026, reflecting a 13.73% quarterly rise. Institutional investor interest mirrors retail demand: CIDCO set a new record by selling a 41,994 sq m plot in Kharghar's Sector 23 for ₹2,125 crore through e-auction — the highest bid in CIDCO's 55-year history.
House of Abhinandan Lodha — headquartered in Mumbai — focuses primarily on plotted residential land development across India. Following a legal settlement within the family, Abhinandan Lodha was granted exclusive rights to the HoABL brand, and the company operates entirely independently of the older Lodha Group. That distinction matters to buyers who want clarity of title and corporate accountability.
According to company reports, HoABL has a portfolio of over 1,000 acres of plotted developments, with 13 million sq ft of land sold and an additional 34 million sq ft in the development pipeline. The firm has a joint venture with HDFC Capital Advisors, investing ₹1,500 crore in plotted and low-rise developments across India. Additionally, it partnered with The Leela Palaces Hotels and Resorts to develop a hotel in Ayodhya. This institutional co-investment and hospitality partnering signals the kind of due diligence counterparties run before committing capital — a useful third-party signal for residential buyers.
HoABL bills itself as a new-generation consumer-tech real estate company, with a core philosophy centred on transparency, legal clarity, and ease of investment — combining technology and streamlined processes to make land buying simpler and accessible even to first-time buyers or NRIs. For the Kharghar project specifically, the same digital-first approach applies: virtual site visits, documentation assistance, and a dedicated relationship manager through to possession.
Navi Mumbai's property market in 2026 is no longer speculative — it is structural. Growth in the emerging corridors has run between 8% and 15% year-on-year, backed by real operating infrastructure rather than speculation: a metro network that is now partly functional, the MTHL cutting cross-harbour travel from over an hour to about 20 minutes, and an international airport that has moved from announcement to operation.
Within the MMR, Kharghar occupies a specific band — not the airport's immediate blast radius (that is Ulwe and Panvel), but a mature, liveable node with its own growth engine in the ICP. The consensus among market observers is that Navi Mumbai property rates will continue appreciating at 10–20% annually through 2027, with Kharghar's gains driven by ICP commercial activity. Rental yields in Kharghar stand at around 3.4% — unusually strong for MMR, where yields are typically compressed. For a buyer who wants both rental income and capital growth, that combination is structurally sound.
HoABL's entry into this node with a 50-acre township — rather than a single tower — matches how the developer has always operated: acquiring large land parcels, planning at scale, and treating the development as a community rather than a collection of units. The Kharghar residential project is the first time that model has been applied in the vertical segment within Navi Mumbai, making it a reference launch for the developer's next phase of growth in the MMR.
