The House of Abhinandan Lodha (HoABL) is a Mumbai-headquartered land development company.
The House of Abhinandan Lodha (HoABL) was founded in 2020 by Abhinandan Lodha and develops residential plotted land projects, reporting operations across 16 locations in India as of 2024, spanning states such as Goa, Himachal Pradesh, Maharashtra, Punjab, and Uttar Pradesh.
The House of Abhinandan Lodha curates residential land across high-growth corridors in India described internally as coastal retreats, spiritual cities, infrastructure hubs, and leisure destinations. This is not incidental positioning: the company's own project map already runs through some of India's most visited pilgrimage geographies, and Rishikesh, a Ganga-side Himalayan foothill town, sits squarely inside that thesis.
The pattern is traceable through HoABL's actual land acquisitions elsewhere. Between 2022 and 2023, the firm expanded into Goa and North India, acquiring 51 acres in Ayodhya, and by late 2024 it had committed a further ₹3,000 crore toward land acquisitions in Amritsar, Khopoli, Nagpur, Shimla, Varanasi, and Vrindavan. In January 2023, the company had already announced a capital expenditure plan of ₹11,000 crore to be deployed over four years, and it entered a ₹1,500 crore joint venture with HDFC Capital Advisors for plotted and low-rise developments across India. At Ayodhya specifically, HoABL partnered with The Leela Palaces Hotels & Resorts to build a hotel within its Sarayu project, and drew high-profile buyers, with property acquisitions made by Amitabh Bachchan at The Sarayu and Kriti Sanon at Sol de Alibaug in 2024.
Read against that map, Shimla in Himachal Pradesh and Varanasi and Vrindavan in Uttar Pradesh already represent HoABL's version of the same underlying bet, that Indian buyers will pay a premium for legally clean, professionally masterplanned land in towns with deep religious or Himalayan-hill significance. Rishikesh, positioned at the literal gateway to the Char Dham pilgrimage circuit and branded globally as the Yoga Capital of the World, fits the same profile as those existing HoABL markets, which is why the company's channel network has treated the city as a natural extension of its spiritual-corridor portfolio.
HoABL's stated operating model is built on three things: acquiring large parcels of land, delivering them as infrastructure-ready plotted communities rather than raw land, and running the entire process, from legal due diligence to documentation, through a digital-first platform aimed partly at NRIs and remote investors. Every land parcel the company offers undergoes legal due diligence, and its projects are RERA-registered, giving buyers documented title and regulatory cover before a single brick is laid. That model depends on choosing towns where land is scarce, demand is rising, and government infrastructure spend is already locked in, all three of which describe Rishikesh's present situation.
Rishikesh's tourism base gives HoABL's target buyer, someone purchasing land partly for lifestyle use and partly as a long-term, appreciating asset, a reason to look here specifically. International visitor arrivals to the city neared one million for the first time in 2023 and 2024, and the wider state of Uttarakhand recently crossed roughly 60 million domestic visitors annually, driven by pilgrimage, wellness and adventure travel. That demand has already pulled in large hospitality names: the Oberoi Group is developing an 80-room resort and a 120-room Trident property in Rishikesh in partnership with The Ladhani Group, both slated to open by 2029, while Accor has announced a 160-room Sofitel at Narendra Nagar near the city for 2030. This is the same institutional-grade validation that typically precedes branded land plays of the kind HoABL runs elsewhere.
Land value in HoABL's other markets tends to track government-funded connectivity upgrades, and Rishikesh's infrastructure pipeline is unusually dense for a town of its size. The National Highways Authority of India is executing the roughly 20-km Bhaniyawala–Jollygrant–Rishikesh four/six-laning project on NH-7 at an estimated cost of ₹743 crore, intended to strengthen the link between Dehradun, Jolly Grant Airport, and Rishikesh while easing Char Dham Yatra traffic. Uttarakhand has also proposed a dedicated 12.67-km, four-lane Rishikesh Bypass costed at roughly ₹1,161 crore, alongside a wider state plan covering more than 336 km of completed national highway and 193 km under active construction. Rail access is being reshaped by the Rishikesh–Karnaprayag line, a 126-km broad-gauge project running roughly 84 percent through tunnels, built as the principal feeder to the Char Dham Railway network. Layered on top of this is the Delhi–Dehradun Expressway, a 210-km, access-controlled corridor that the Prime Minister has publicly framed as making Dehradun, Haridwar, Rishikesh, and the Char Dham circuit far more accessible from the National Capital Region.
HoABL positions its land product as fundamentally different from a raw plot sale. Its developments come with planned roads, water and electricity connections, and lifestyle amenities such as clubhouses and landscaped gardens delivered before or alongside the plot itself, with legal title verified up front rather than left to the buyer to untangle. In markets like Rishikesh, where the ETH Infra market commentary notes that land prices have shown steady appreciation particularly where infrastructure development is planned or underway, that combination of legal certainty and infrastructure-readiness is the primary argument for paying a premium over informally sold local land. Rishikesh's own real estate character reinforces the fit: gated plotted developments with proper approvals are becoming increasingly popular locally, and demand is described as end-user and lifestyle-led rather than speculative, which mirrors the kind of buyer HoABL has cultivated in Ayodhya, Varanasi, and Shimla.
HoABL's broader numbers give a sense of scale against which any Rishikesh-facing move would sit. The company reports a portfolio of over 1,000 acres of plotted developments nationally, with 13 million square feet of land already sold and a further 34 million square feet in its development pipeline, spread across Maharashtra, Uttar Pradesh, Goa, Punjab, and Himachal Pradesh. A Rishikesh presence would extend that spiritual-and-hill-town cluster, which already runs from Ayodhya and Vrindavan on the Gangetic plain to Shimla in the Himalayas, into a Ganga-side Himalayan gateway town that combines both characteristics in one address.
