HOABL NAIGAON PHASE 2 — New Project Coming Up in Naigaon East, Mumbai
HOABL Naigaon Phase 2 Launches in Mumbai's Emerging Suburban Corridor
Following a historic Phase 1—which saw 8,800 Expressions of Interest and the swift allocation of 1,580 residences—The House of Abhinandan Lodha has officially announced Phase 2 at Naigaon East. Phase 2 is a meticulously engineered 14-acre landmark, marking the developer's continued expansion into vertical residential developments in the Mumbai Metropolitan Region.
Project Composition and Scale
Phase 2 is defined by 9 iconic high-rise towers, each soaring to G + 2 Podium + 35 storeys. The project features 9 elegantly designed towers offering 1 & 2 BHK homes with smart, efficient layouts. The broader Naigaon project, where HoABL has partnered with Mittal Builders, is spread over 12 acres and will be built in two phases over the next five years, with HoABL investing Rs 200 crore.
Pricing and Configuration
The 1 BHK flats at HoABL Naigaon start from approximately ₹32.99 lakhs, while 2 BHK flats are priced from around ₹49.99 lakhs (prices vary depending on size, floor, amenities, and offer phase).
Location and Connectivity
Naigaon East is a rapidly developing suburban locality situated in the northern fringes of Mumbai, within the Mumbai Metropolitan Region, nestled adjacent to the Vasai-Virar belt. The location offers layered connectivity benefits. The project is located within 2 km of Naigaon railway station on the suburban western railway line. It provides a direct lifeline to Churchgate and beyond. The area is strategically located along Mumbai-Ahmedabad Highway (NH-48) with Naigaon East-Vasai Link & Naigaon-Juchandra roads serving as key links.
Future connectivity infrastructure is also planned. The development will benefit from the upcoming Metro Line 13 extension (Mira-Bhayandar to Virar), the proposed Vasai-Virar-Panvel rail corridor, and feeder access to the Mumbai–Delhi Expressway.
Regulatory Status
The project is RERA registered under MahaRERA (registration number P99000080106), ensuring all legal and regulatory approvals are in place.
About the Developer
The House of Abhinandan Lodha (HoABL) is an Indian real estate company headquartered in Mumbai, 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. HoABL has announced its strategic entry into Mumbai's vertical real estate market with an investment of ₹2,500 crore across three landmark projects, marking a significant shift from the company's traditional focus on horizontal developments to high-rise constructions.
The Broader Naigaon Township
The House of Abhinandan Lodha and Mittal Builders have inked a joint development agreement to co-develop a three million sq ft integrated township project in Naigaon, which will include the construction of 4,600 apartments along with high street retail space. The project is expected to achieve a Gross Development Value of ₹3,000 crore over the next three to five years.
Area Context
In Naigaon, ongoing infrastructural developments such as the Naigaon East-West Bridge, the extension of the Mumbai Metro Line 9, and the upcoming Virar-Alibaug Multimodal Corridor have caught the attention of both domestic and foreign investors. The locality is equipped with essential amenities such as schools, colleges, healthcare facilities, shopping centers, supermarkets, and recreational facilities.