The House of Abhinandan Lodha spends about ₹1200 crore on a 51-acre land piece in Ayodhya(near Ayodhya Ram Mandir), with NRIs from the UK, US, and South East Asia showing interest.
House of Abhinandan Lodha (HOABL), a real estate developer has invested Rs 1200 crore for 51-acre land in Ayodhya. The investment has been made to plan project near Ayodhya Ram Mandir, Phase 1 of its luxury project is currently underway. Approximately 250 plots has been launched. The project is located at a distance of 12 to 15 minutes from the Ram Temple of Ayodhya.
The House of Abhinandan Lodha is going to invest rs 3000 crore in Uttar Pradesh in upcoming 3 to 4 years.
Bollywood actor Amitabh Bachchan has bought a property at The Sarayu, a 7-star mixed-use development in Ayodhya by Mumbai-based developer The House of Abhinandan Lodha (HoABL). According to real estate industry insiders, Bachchan plans to build a residence on a 10,000-square-foot property worth ₹14.5 crore.
In addition to domestic demand from Mumbai, Delhi-NCR, Lucknow, Kanpur, and Meerut for the project in Ayodhya, the business has received requests from non-resident Indians (NRIs) living in the UK, US, and South East Asia. Samujjwal Ghosh, CEO of HOABL, told Hindustan Times Digital.
The company’s expansion ambitions include locations in Rishikesh, Amritsar, Shrinathji, Varanasi, Mathura, and Vrindavan. “This expansion strategy reflects our dedication and commitment to the development and growth of these regions, aligning with HoABL’s vision to democratize land,” Ghosh(CEO f HOABL) said.