The House of Abhinandan Lodha (HoABL) was founded in 2020 by Abhinandan Lodha and initially focused on land developments in the Konkan region of Maharashtra. The company grew rapidly: HoABL today reports 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. As of 2024, it reported operations across 16 locations in India, including Goa, Himachal Pradesh, Maharashtra, Punjab, and Uttar Pradesh.
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. That Naigaon launch set a measurable benchmark: the company's Growth Housing project witnessed strong demand at its launch, with 8,838 registrations received for 1,419 homes on offer. While that investment anchors HoABL's Mumbai city entry, the developer has also identified Kharghar as a pivotal node for future appreciation.
The Kharghar residential project — listed here as the HoABL Residential Project, Kharghar — represents the developer's first foray into Navi Mumbai's most established CIDCO-planned node. It offers 1, 2 and 3 BHK homes with amenities across all configurations. The project is positioned within Kharghar's expanding residential grid, at Kharghar East, in a rapidly developing growth corridor.
For most of its five-year history, HoABL operated as a branded land developer — curating RERA-registered plotted communities in locations such as Alibaug, Ayodhya, Goa, Nagpur, Neral, and Shimla. Every land parcel underwent rigorous legal due diligence, all projects were RERA-registered, and customers received complete legal documentation, ensuring a fully transparent and secure buying experience. The same compliance philosophy now carries into the vertical segment.
For its first vertical real estate project, HoABL utilised agentic artificial intelligence to drive sales operations. The company managed to save extra costs by not setting up sample flats or site offices, using AI and data for faster conversions, less manpower, parallel construction and vendor negotiations — a model it describes as Growth Housing. The intent is to close the gap between aspiration and affordability without reducing specification: all homes come with premium finishes such as marble-finished tiles, French windows, granite kitchens, and high-quality fittings, ensuring that first-time buyers can access design and quality typically associated with luxury developments.
With its Mumbai vertical entry, HoABL is pivoting from its success in branded land to high-rise developments, and Kharghar is a direct extension of that pivot into Navi Mumbai. The configurations — 1, 2 and 3 BHK — are calibrated to capture both end-users who have long been drawn to Kharghar's liveability and investors tracking the corridor's infrastructure-driven repricing.
Kharghar's appeal rests on a convergence of infrastructure milestones that have either recently opened or are in final construction. Three major infrastructure catalysts unlocked within 18 months: Atal Setu (MTHL) went live in January 2024, Metro Line 1 (Belapur–Pendhar) in September 2025, and Navi Mumbai International Airport (NMIA) began commercial operations in December 2025. For a Kharghar buyer, these are not future promises — they are operating infrastructure.
Kharghar remains one of the few places in the MMR where residents can live next to an 18-hole golf course and the 80-hectare Central Park. The area is also home to institutions including NIFT and NMIMS, which underpin a young professional and family-oriented demand base that aligns with HoABL's target buyer profile.
Flat rates in Kharghar have changed by approximately 17.9% over the last three years and 23.7% over the last five years. As of April 2026, the average property rate in Kharghar has climbed to approximately ₹17,500 per square foot, with premium Sector 12 touching ₹22,000 and above. At the transaction level, the average transaction rate stands at ₹16,203 per square foot, reflecting active real secondary market depth. For reference on configuration pricing in the broader market: 1 BHK flats are available in the range of ₹47 lakh to ₹75 lakh, while 2 BHK flats range from ₹1.05 crore to ₹1.65 crore.
Local end-users, investors, and NRI buyers are all converging on Kharghar simultaneously — a convergence that signals demand is not coming from one narrow segment that could exit all at once. The average rental yield in Kharghar stands at 4%, with higher-yielding segments in the professional rental belt near corporate parks.
For an HoABL buyer, this pricing context matters because the Kharghar project enters at a point where the market's infrastructure re-rating is already partially priced in — but for Upper Kharghar and airport-corridor pockets, appreciation is still in an active phase, with analysts forecasting 6–9% per year through 2025–2030 as remaining infrastructure milestones land.
Kharghar is not HoABL's only active location in the Mumbai Metropolitan Region. The company has assembled a cluster of MMR projects that collectively demonstrate its local market commitment. HoABL is launching projects in vertical real estate in Mumbai across locations including Marine Lines, Chowpatty, Naigaon, Kharghar, Nashik, Sion and other parts of Mumbai. The company has also formed a joint venture with Mittal Builders for a major township in Naigaon, worth approximately ₹2,000 crore.
On the land side, a 50-acre landmark plotted development is positioned 40 minutes from the Navi Mumbai International Airport, sitting within the broader airport-influence zone that also encompasses Kharghar. The developer's Neral project — described as India's first blue zone development — sits to the south-east, completing a ring of HoABL activity around the MMR's southern growth arc.
In 2023, HoABL formed a joint venture with HDFC Capital Advisors, investing ₹1,500 crore in plotted and low-rise developments across India, providing institutional capital backing that distinguishes its project pipeline from smaller regional developers. By late 2024, the firm reported additional investments totalling ₹3,000 crore for land acquisitions across Amritsar, Khopoli near Mumbai, Nagpur, Shimla, Varanasi, and Vrindavan.
The HoABL Residential Project in Kharghar is an upcoming new launch. The configurations span 1, 2 and 3 BHK homes. Resident amenities include robust security with CCTV and smart access, 24/7 security personnel, ample parking, rainwater harvesting, EV charging, solar lighting, and power backup. Layout philosophy follows HoABL's standard across its Growth Housing vertical: East and West facing residences that maximise natural light, vastu-aligned layouts, and sustainable green design.
All eligible plots and homes are RERA-approved, come with clear land titles, and are designed to be ready for both long-term investment and future construction, making them suitable for investors and end users alike. HoABL also offers full support to NRI property buyers, including virtual site visits, legal guidance, documentation assistance, and a dedicated relationship manager, with a digital-first platform that enables investment from anywhere in the world.
