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HOABL ONE GOA - THE CRESCENDO — New Project Coming Up in Bicholim, Goa

HOABL Introduces THE CRESCENDO to Bicholim's Emerging Market

The House of Abhinandan Lodha (HoABL), founded in 2020 by Abhinandan Lodha, develops residential plotted land projects across India. The company now expands its Goa footprint with HOABL ONE GOA - THE CRESCENDO, a new launch in Bicholim, marking another entry into one of North Goa's fastest-growing micro-markets.

As of 2024, HoABL reported operations across 16 locations in India, including Goa, Himachal Pradesh, Maharashtra, Punjab, and Uttar Pradesh. According to company reports, HoABL has 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.

Location and Market Context

Bicholim, known for its central location and relatively tranquil inland character, is emerging as one of Goa's most promising growth corridors. Bicholim and the broader east-of-NH-66 belt are identified as the next phase of real estate expansion in North Goa, driven by ongoing infrastructure upgrades, improving regional connectivity, and a structurally limited supply of developable land.

Land rates in and around Bicholim have more than doubled over the past five years, rising 2.12 times and recording a historical CAGR of about 16%. The report projects that prices could increase by a further 3.17 times over the next six to seven years, indicating an estimated CAGR of nearly 18%.

Infrastructure and Connectivity

Major triggers include the Manohar International Airport (MOPA) as a continuing connectivity engine for North Goa, upgrades to the NH-66 Mumbai–Goa highway, the Bicholim and Assonora bypasses aimed at easing intra-regional congestion, and the proposed Shaktipeeth Expressway, which is expected to further strengthen long-haul access into the state over the medium term.

Goa's Tourism-Driven Economy

The growth outlook is placed within the context of Goa's structurally resilient, tourism-led economy. In 2025, the state attracted approximately 1.08 crore tourists, supported by a 70.6% rise in domestic tourism and a near 60% recovery in international arrivals. The steady tourist inflow supports year-round demand for holiday homes and premium rental properties.

HOABL's Development Philosophy

The firm's business model utilizes a digital-only model, where all transactions are conducted through virtual platforms. Every land parcel offered by The House of Abhinandan Lodha undergoes rigorous legal due diligence. All projects are RERA-registered, and customers receive complete legal documentation, ensuring a fully transparent and secure buying experience.

Related: HOABL ONE GOA - THE CRESCENDO

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