HOABL VARANASI PLOTTED DEVELOPMENT — New Project Coming Up in Varanasi, Varanasi
HOABL Varanasi Plotted Development
The House of Abhinandan Lodha (HoABL) announced a ₹3,000 crore investment to expand its footprint in six new cities including Varanasi as part of a major expansion strategy. The Varanasi plotted development spans 75 acres and represents the company's entry into one of Uttar Pradesh's historically and spiritually significant cities.
About the Developer
Founded in 2020 by Abhinandan Lodha, the company develops residential plotted land projects. As of 2024, it 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.
The developer operates across high-growth corridors and has established a track record in large-scale, branded plotted developments. The company was founded in 2020, so its delivery record is shorter than that of long-established developers.
Varanasi as a Development Destination
With major infrastructure developments, Smart City initiatives, and a steady influx of pilgrims and tourists, the Varanasi real estate market is poised for significant growth over the next five years (2025–2030). From the Kashi Vishwanath Corridor to Ganga Riverfront Beautification Projects, the city is undergoing a transformation. The upcoming Varanasi Ring Road, four-lane highways, and plans for metro rail connectivity are improving regional accessibility and creating new real estate hotspots in areas that were previously considered outskirts.
Varanasi's high tourist footfall and influx of students create a strong rental market, particularly in areas close to universities and tourist spots. Vacation rentals and student accommodations are becoming a lucrative sector for investors, providing a consistent stream of rental income.
Project Format
The development follows HoABL's plotted model, offering villa plots for individual customization rather than pre-built units. This plotted development allows residents to build homes that suit their tastes, preferences, and requirements. The available plot sizes cater to diverse needs, whether you're looking to build a sprawling villa, a cozy family home, or a contemporary multi-story residence.
Strategic Location
Located in a strategic area of Varanasi, HOABL's plotted development offers residents close proximity to the city's major landmarks, including the revered ghats, temples, educational institutions, healthcare centers, and shopping destinations. With seamless connectivity to both Varanasi Junction and Lal Bahadur Shastri International Airport, as well as efficient road networks, residents will find traveling to nearby cities and regions hassle-free.