The House of Abhinandan Lodha built its identity between 2020 and 2024 almost entirely around plotted land. The House of Abhinandan Lodha (HoABL) is an Indian real estate company headquartered in Mumbai, Maharashtra, founded in 2020 by Abhinandan Lodha, developing residential plotted land projects. As of 2024, it reported operations across 16 locations in India, including Goa, Himachal Pradesh, Maharashtra, Punjab, and Uttar Pradesh. That changed in 2025. HoABL announced its entry into the vertical real estate sector with an investment of ₹2,500 crore across three projects, after operating in the horizontal real estate sector since its inception. The Kavesar development on Thane's Ghodbunder Road is a direct outcome of that pivot, alongside HoABL's separate joint venture with Mittal Builders. HoABL and Mittal Builders entered a joint development agreement to co-develop an integrated township in Naigaon in the MMR, spanning 3 million square feet with over 4,600 apartments and high-street retail. Read together, these moves show a developer that spent its first five years assembling a land-parcel brand and is now applying the same playbook—legal clarity, curated design, digital-first sales—to apartment towers in Mumbai's outer suburbs.
The project sits on Ghodbunder Road in Thane West, in the Kavesar micro-market. It is planned across four soaring 40-storey towers on a 6-acre land parcel, positioned to offer a gated, low-density living environment. The homes on offer are ultra-premium 1, 2, and 3 BHK residences with carpet areas up to 1,230 sq ft. The development is roughly 0.8 km, about a 3-minute drive, from the Kasarvadavali Metro Station on Line 4. Possession for the project is anticipated in December 2029. This positions HoABL's Thane entry as a multi-year, high-rise commitment rather than a quick-turnaround launch, consistent with the phased delivery timelines the company has used at Naigaon and elsewhere.
| Attribute | Detail |
|---|---|
| Location | Ghodbunder Road, Kavesar, Thane West |
| Configuration | 1, 2 and 3 BHK residences |
| Scale | 4 towers, 40 storeys, on a 6-acre parcel |
| Nearest metro | Kasarvadavali Station, Line 4 (approx. 0.8 km) |
| Possession | December 2029 |
Kavesar is one of several micro-markets strung along the 20-kilometre Ghodbunder Road corridor, which connects the Eastern and Western Express Highways and links Thane to Mumbai as State Highway 42. Kavesar enjoys connectivity to both the Eastern and Western Express Highways via Thane Road, with neighbouring localities including Waghbil, Koliwada, Dongripada, and Patlipada. The bigger structural change underway is the Thane-Borivali link: an 11.84-km twin tunnel will directly connect Ghodbunder Road in Thane to Borivali East via the Western Express Highway, cutting travel time from up to 90 minutes to roughly 15-20 minutes. Kasarvadavali, Kavesar, Brahmand, Owale, and Gaimukh are named among the locations expected to benefit from this improved connectivity. For a HoABL buyer at Kavesar, this means the address is positioned to gain from both an operational metro line at its doorstep and a tunnel project designed to compress the commute to Mumbai's western suburbs.
Ghodbunder Road's residential growth has tracked its employment base. The corridor offers employment opportunities from nearby industrial and commercial hubs including Kolshet Industrial Area, Wagle Industrial Estate, Lodha iThink Techno Campus, and G Corp Tech Park, with companies such as Tata Consultancy Services, C-Edge Technologies, Concentrix, and Voltas operating within easy access. This corporate density is one reason rental demand along the belt stays consistent, a relevant factor for buyers evaluating a HoABL apartment at Kavesar as both a home and a leased asset.
Pricing across this stretch varies by pocket. Kavesar's average residential prices have ranged from roughly Rs 8,600 to Rs 10,500 per square foot in prior cycles, while the broader Ghodbunder Road corridor has moved higher more recently, with average property prices around Rs 14,950 per sq ft for 2 BHK and 3 BHK apartments as of 2026. Momentum has been driven by infrastructure delivery: the corridor has seen capital appreciation of 15% to 22% over the preceding 24 months, among the highest in the Mumbai Metropolitan Region, and experts have projected an additional 15-20% price boost tied to metro completion. For a project positioned near an active metro station, as HoABL's Kavesar development is, this is the underlying appreciation thesis investors typically weigh.
Kavesar's day-to-day livability is already fairly built out. The area has schools including Rainbow Preschool, Ryan International School, and Pratap Sarnaik International School, while the wider Ghodbunder Road stretch adds reputed institutions like Podar International and Hiranandani Foundation School, along with hospitals such as Hiranandani Hospital. Retail is anchored by malls including Viviana Mall, Korum Mall, DMart, and R Mall, and closer to Kavesar itself, The Walk functions as a popular shopping destination. This combination of schools, healthcare, and retail within a short radius is part of why HoABL has chosen this specific pocket of Ghodbunder Road for its first Thane high-rise, rather than a more peripheral stretch of the corridor.
Buying into HoABL's Kavesar project means buying into a developer mid-transition: a brand built on legal-clarity land sales now applying that same discipline to a 40-storey vertical format, in a locality where a metro station is already three minutes away and a tunnel project is expected to materially shorten the commute to Mumbai's western suburbs over the life of the project's possession timeline.
