The House of Abhinandan Lodha (HoABL) Projects

The House of Abhinandan Lodha (HoABL) projects in Vrindavan, Mathura

HoABL's Entry into Braj Bhoomi

The House of Abhinandan Lodha chose Vrindavan for one of its most visible brand moments to date. On 5 August 2025, the company achieved a Guinness World Record for the largest fresh flower mosaic logo, measuring 100 square metres, in Vrindavan, Uttar Pradesh. The mosaic was made entirely from locally sourced red and white carnations, and the event doubled as the public unveiling of the company's residential land project in the city. HoABL had by then already delivered four projects totalling around 15 million sq. ft. of developed land and had roughly 40 million sq. ft. under active development, with its footprint spanning Alibaug, Anjarle, Ayodhya, Dapoli, Goa, Khopoli, Nagpur and Neral in Maharashtra. Vrindavan marked its first project in the Braj region.

Who HoABL Is

The House of Abhinandan Lodha is an Indian real estate company headquartered in Mumbai, Maharashtra, founded in 2020 by Abhinandan Lodha, and it develops 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, acquiring 51 acres in Ayodhya. In January 2023, the company announced a capital expenditure plan of ₹11,000 crore to be deployed over a four-year period, and by late 2024 it reported additional investments totalling ₹3,000 crore for land acquisitions in Amritsar, Khopoli near Mumbai, Nagpur, Shimla, Varanasi, and Vrindavan. The company develops and manages land projects in Maharashtra, Uttar Pradesh, Goa, Punjab and Himachal Pradesh, with a portfolio of over 1,000 acres of plotted developments, 13 million square feet of land sold and an additional 34 million square feet in the development pipeline. It is a plotted-land specialist rather than a conventional apartment builder, and its buyers have included named names elsewhere in its portfolio — property acquisitions in HoABL projects were made by Amitabh Bachchan at The Sarayu in Ayodhya and Kriti Sanon at Sol de Alibaug in 2024.

HOABL Plots Mathura (Vrindavan): The Product

The Vrindavan project sits within HoABL's template of branded, gated plotted townships rather than built apartments — buyers acquire titled land with planned infrastructure, and build or hold as they choose. Company statements around the launch describe an unusually open layout for the brand: the project was unveiled as HoABL's latest Vrindavan development, which the company says will feature the largest open spaces in its portfolio to date, with over 40% of the proposed development allocated to open areas, complemented by modern amenities. The initiative was designed to respect local sentiment while strengthening the company's identity as a modern, organised developer, and, as CMO Saurabh Jain noted, the Vrindavan project features the largest open spaces in the company's developments to date. The positioning follows HoABL's broader plotted-land approach — the company positions plotted land as a structured product backed by legal diligence, master planning and infrastructure readiness rather than fragmented parcels, and nearly 40% of its land parcels across projects are consciously reserved for common spaces and amenities.

Why Vrindavan, Specifically

Vrindavan's appeal to a branded land developer is rooted in scarcity and devotion rather than urban sprawl. Vrindavan, located in the Mathura district, holds immense cultural and religious importance as the place where Lord Krishna spent his childhood, attracting millions of pilgrims and tourists annually, and this spiritual significance, coupled with improved infrastructure and proximity to major cities like Delhi and Agra, has contributed to its growth as a real estate destination. The town's temple economy is dense and growing: alongside the Banke Bihari and ISKCON temples, the under-construction Vrindavan Chandrodaya Mandir is planned to rise to about 210 metres across 75 floors on a 260-hectare site, reinforcing the city's pull as a pilgrimage and tourism magnet for decades to come. Executives at HoABL frame this directly: the shift toward branded land in cities like Ayodhya, Vrindavan and Varanasi is being accelerated by infrastructure-led transformation, where public investment and connectivity are reshaping real estate potential.

The Connectivity and Demand Backdrop

A HoABL buyer in Vrindavan is underwritten by a specific set of infrastructure catalysts. The town is connected to Delhi NCR and Agra through the Yamuna Expressway, to Agra and Lucknow via the Agra-Lucknow Expressway, to Delhi, Mathura, Agra and Kanpur via NH-19, and to the wider rail network through Mathura Junction. The Noida International Airport at Jewar, one of Asia's largest airports, brings Vrindavan to roughly 1.5 hours away via the Yamuna Expressway, versus 3-plus hours from Delhi's IGI airport previously. On the temple-corridor side, renewed infrastructure such as the Banke Bihari Temple Corridor, the Vraj Vikas Yojana and smart city plans, alongside connectivity to NH-44 and the Yamuna Expressway, is creating favourable conditions for a flourishing real estate market. Tourism volumes underline the demand case: the Mathura-Vrindavan region drew 7.9 crore tourists in 2023 and is projected to reach 14.7 crore visitors by 2030, an 86% increase.

Price Trends in the Micro-Market

Land values in Vrindavan have moved meaningfully in recent years, though more steadily than in some newer pilgrimage markets. Vrindavan has recorded steadier growth than Ayodhya, with residential prices rising by about 8.2% year-on-year to nearly Rs 7,407 per sq. ft, while residential plot prices in the town typically range from Rs 40,000 to Rs 70,000 per square yard, largely influenced by proximity to major temples and pilgrimage corridors. In the immediate temple belt the appreciation has been sharper still: land values behind Prem Mandir and along Radha Kund Road have surged over three times in five years, driven by projects such as the Banke Bihari Corridor, the Vrindavan Chandrodaya Mandir, the new bypass, and the Yamuna Jal Marg. Analysts note the market's character is different from a boomtown like Ayodhya: Vrindavan's real estate growth remains measured and heritage-led, anchored in sustained pilgrim footfalls and regional development rather than rapid urban expansion. For HoABL, whose model is built around long-hold, legally clean land parcels rather than speculative flipping, that steadier trajectory aligns with its stated pitch of intergenerational land ownership rather than short-term arbitrage.

Where This Fits in HoABL's National Map

Vrindavan is one node in a portfolio that spans coastal Maharashtra, Goa, and now UP's pilgrimage cities. The company develops and manages land projects across Maharashtra (Alibaug, Anjarle, Dapoli, Khopoli, Nagpur and Neral), Uttar Pradesh (Ayodhya and Vrindavan), Goa, Punjab (Amritsar) and Himachal Pradesh (Shimla). Its Ayodhya project, The Sarayu, gives a sense of how HoABL treats heritage cities as a category — the company partnered with The Leela Palaces Hotels & Resorts to develop a hotel within The Sarayu in Ayodhya, pairing land sales with hospitality tie-ups. Vrindavan follows a similar script: a Guinness World Record launch event, an emphasis on open space and amenity planning, and a pitch built on faith-linked, long-term land value rather than short-cycle speculation.

Frequently Asked Questions

What is HOABL Plots Mathura in Vrindavan?+
It is a residential plotted land development by The House of Abhinandan Lodha (HoABL) in Vrindavan, within Mathura district. It marks HoABL's first project in the Braj region, unveiled in August 2025 alongside a Guinness World Record floral mosaic installation, and is positioned as a gated, master-planned township with a large share of open space.
Why is HoABL investing in Vrindavan specifically?+
Vrindavan draws millions of pilgrims annually as Lord Krishna's childhood home, and its real estate market is benefiting from infrastructure such as the Banke Bihari Corridor, the Vraj Vikas Yojana, and improved connectivity via the Yamuna Expressway and Jewar airport. HoABL has cited this infrastructure-led transformation as a reason for entering heritage cities like Ayodhya, Varanasi and Vrindavan.
How well connected is Vrindavan to Delhi NCR and other cities?+
Vrindavan connects to Delhi NCR and Agra via the Yamuna Expressway, to Lucknow via the Agra-Lucknow Expressway, and to Delhi, Mathura, Agra and Kanpur via NH-19, with Mathura Junction providing rail access. The Noida International Airport at Jewar brings the town to roughly 1.5 hours from an international air link, down from over 3 hours via Delhi's IGI airport.
What has land appreciation looked like in Vrindavan?+
Residential prices in Vrindavan rose about 8.2% year-on-year to nearly Rs 7,407 per sq. ft, with plot rates generally ranging Rs 40,000 to Rs 70,000 per square yard depending on proximity to temples. Land near Prem Mandir and Radha Kund Road has reportedly tripled in value over five years on the back of corridor and connectivity projects.
Is HoABL an established developer or a new entrant?+
HoABL was founded in 2020 by Abhinandan Lodha and started with land developments in Maharashtra's Konkan belt before expanding into Goa, Ayodhya, Amritsar, Shimla, Varanasi and Vrindavan. By 2024 it reported a portfolio of over 1,000 acres, 13 million sq. ft. of land sold, and an announced capex plan of ₹11,000 crore.
Does HoABL have other projects in Uttar Pradesh besides Vrindavan?+
Yes. HoABL's other major Uttar Pradesh project is The Sarayu in Ayodhya, where it acquired 51 acres and partnered with The Leela Palaces Hotels & Resorts for a hospitality component, following a similar heritage-city, land-plus-lifestyle approach now being extended to Vrindavan.
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