Finance September 23, 2025

HoABL invests Rs 200 cr in affordable housing project, looks to develop 7 more sites in Mumbai

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HoABL invests Rs 200 cr in affordable housing project, looks to develop 7 more sites in Mumbai

House of Abhinandan Lodha is set to invest Rs 200 crore in Naigaon. This investment targets an affordable housing project. The company plans similar developments across metropolitan Mumbai. Seven sites are under consideration, including one near Navi Mumbai International Airport. The Naigaon project is a joint venture with Mittal Builders. Digital technology will be used to reduce costs for buyers.

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