The House of Abhinandan Lodha (HoABL) has placed its Thane address, HOABL Thane Township, in Kavesar on Ghodbunder Road, a locality that sits alongside Anand Nagar, Kasarvadavali and Manpada in Thane West. Kavesar, along with Sai Nagar, Anand Nagar and Kasar Vadavali, is considered a preferred housing hub in this Ghodbunder Road belt, which falls under the Thane West pincode of 400615. For a developer that built its reputation on branded land parcels across the country, a residential project in this specific micro-market signals a deliberate bet on one of the Mumbai Metropolitan Region's more active mid-to-premium housing corridors, rather than a generic city-wide launch.
HoABL's presence in Thane has to be read against the arc of the company's own growth. The House of Abhinandan Lodha is an Indian real estate company headquartered in Mumbai, founded in 2020 by Abhinandan Lodha, and it built its early business on residential plotted land projects. It initially focused on land developments in the Konkan region of Maharashtra before expanding its land holdings into Goa and North India between 2022 and 2023, including acquiring 51 acres in Ayodhya. By 2024, the company reported operations across 16 locations in India, spanning Goa, Himachal Pradesh, Maharashtra, Punjab and Uttar Pradesh. According to company reports, HoABL holds 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 pipeline.
Thane fits into a newer chapter. In 2025, the company entered the vertical housing segment through its Growth Housing initiative, beginning with a residential project in Naigaon, Mumbai, in partnership with Mittal Builders. HoABL announced its foray into the vertical real estate sector with three marquee projects across Mumbai, with a collective development potential of 3.1 million square feet and an investment of ₹2,500 crore. This was the first time HoABL entered vertical real estate, having been under a non-compete agreement with Macrotech Developers (led by his elder brother Abhishek Lodha) from 2017 to 2022. HOABL Thane Township, offering 1, 2 and 3 BHK residences on Ghodbunder Road, extends this same shift from horizontal plotted land into apartment living to a fast-growing Thane micro-market, alongside the company's South Mumbai and North MMR projects.
In January 2023, the company announced a capital expenditure plan of ₹11,000 crore to be deployed over a four-year period, and later formed a joint venture with HDFC Capital Advisors, investing ₹1,500 crore in plotted and low-rise developments across India. By late 2024, the firm reported additional investments of ₹3,000 crore for land acquisitions in Amritsar, Khopoli near Mumbai, Nagpur, Shimla, Varanasi and Vrindavan, and in November 2024 acquired the American Center property at Marine Lines, Mumbai, for ₹56 crore. The firm's business model utilises a digital-only approach, with all transactions conducted through virtual platforms, a template it carries into its residential launches, including Thane.
| HoABL Corporate Snapshot | Detail |
|---|---|
| Founded | 2020, by Abhinandan Lodha |
| Headquarters | Mumbai, Maharashtra |
| Core business | Branded plotted land; entered vertical/high-rise housing in 2025 |
| Reported footprint | 16 locations across Maharashtra, Goa, UP, Punjab, Himachal Pradesh |
| Reported portfolio | 1,000+ acres; 13 million sq ft sold; 34 million sq ft in pipeline |
| Vertical foray (2025) | ₹2,500 crore across Marine Lines, Chowpatty and Naigaon |
The market context around Kavesar is what makes a HoABL residential address on Ghodbunder Road relevant, rather than incidental. Ghodbunder Road, also known as GB Road, is a key link running through Thane that connects the Western and Eastern Express Highways, with the Mumbai-Nashik and Mumbai-Ahmedabad Expressways also nearby, and Hiranandani Estate, Manpada and Kasarvadavali located along the stretch. The corridor is served by Thane Railway Station and is home to malls such as Viviana, Korum and R Mall.
On pricing, average property rates per square foot in Ghodbunder Road, Thane, stood around ₹19,750 for flats, and flat rates in the belt moved 13.8% in the last one year, 16.2% over three years and 40.1% over five years. On rentals, the average monthly rental range in Ghodbunder Road runs between roughly ₹16,900 and ₹174,200, reflecting the spread of housing stock from compact units to larger premium apartments in pockets like Kavesar and Hiranandani Estate. The upcoming Metro Line 4 is among the infrastructure projects cited as supporting continued growth momentum along this corridor.
HOABL Thane Township sits in Kavesar on Ghodbunder Road and is positioned around 1, 2 and 3 BHK residences, in keeping with the format HoABL has used for its other North MMR launches. Buyers evaluating this address are effectively evaluating two things together: HoABL's own transition into vertical residential delivery, following its ₹2,500 crore Mumbai foray and its Naigaon township with Mittal Builders, and Kavesar's standing as one of the established housing pockets along Ghodbunder Road, in the company of Anand Nagar, Kasarvadavali and Hiranandani Estate. As with any of the developer's early-stage vertical launches, buyers should track the project's RERA registration and construction milestones as they are published, in line with HoABL's own stated practice of routing all its land and housing transactions through a fully documented, RERA-registered process across its projects nationally.
