Latest news with #HouseofAbhinandanLodha
Hindustan Times
3 days ago
- Business
- Hindustan Times
HoABL sets Guinness World Record for largest floral mosaic logo in Vrindavan
Real estate developer House of Abhinandan Lodha (HoABL), known for its plotted land projects, has entered the Guinness World Records for creating the largest floral mosaic logo in Vrindavan, Uttar Pradesh. Spanning 100 sq metres, the logo was crafted from locally grown red and white carnations. House of Abhinandan Lodha (HoABL), known for its plotted land projects, has entered the Guinness World Records for creating the largest floral mosaic logo in Vrindavan. (Representational photo)(Pixabay) According to the company, this is the first global benchmark in a new Guinness World Record category, making HoABL the inaugural and sole titleholder for this floral mosaic format. 'Our objective is to recreate the Vrindavan that we all reminiscence and desire in the Vrindavan of today. It is not just about size, it's about symbolism. Each flower represents growth, sanctity, and timeless potential,' said Samujjwal Ghosh, chief executive officer, HoABL. 'To set a global benchmark from the soil of Vrindavan is a proud moment. This is the heart of our belief that land is not just real estate, it is legacy.' Present at the event, Rishi Nath, the official Guinness World Records adjudicator said 'It gives me great pleasure to confirm that The House of Abhinandan Lodha® has successfully achieved a new Guinness World Records® record for the Largest Fresh Flower Mosaic (Logo). Measuring 100 square meters and composed entirely of fresh flowers, the mosaic is a remarkable feat of scale, precision, and artistry.' Also Read: Amitabh Bachchan expands real estate portfolio in Ayodhya with 25,000 sq ft land purchase worth nearly ₹40 crore 'This momentous feat forms part of HoABL's development with the largest open spaces to date, with over 40% of the proposed development as open area and world class amenities,' said Saurabh Jain, chief marketing officer, HoABL. HoABL has so far delivered four projects totalling about 15 million of developed land and has around 40 million under active development. The company has expanded its footprint across prime locations such as Alibaug, Anjarle, Ayodhya, Dapoli, Goa, Khopoli, Nagpur, and Neral in Maharashtra, with upcoming developments in Amritsar, Shimla, Varanasi, and Vrindavan. It has plans to be in 48 cities nationwide.
Hindustan Times
31-07-2025
- Business
- Hindustan Times
House of Abhinandan Lodha forays into the hospitality sector, announces launch of Miros Hotels and Resorts in Goa
The House of Abhinandan Lodha (HoABL), led by Abhinandan Lodha, has announced the launch of Miros Hotels and Resorts in Goa. The company said that the property offers a luxury lifestyle hospitality brand crafted to serve a new generation of discerning travellers, and that its debut property under the brand of Miros is located in Central Goa. The House of Abhinandan Lodha (HoABL) said that the property is amidst lush Goan landscapes. (Picture for representational purposes only)(HoABL) According to the company, the property is amidst lush Goan landscapes, and has quickly emerged as a destination in its own right, earning near-perfect ratings on prominent online travel agency portals. The Goa property features the only vegetarian fine-dining restaurant, including vegan offerings, a spa, gym, indoor and outdoor sports and games, a swimming pool, and bespoke wellness and cultural experiences, all rooted in the ethos of luxurious simplicity and deep personal meaning, the company said in a statement. The company said that Miros is a name derived from a blend of 'miracle' and 'os' (Greek for island), embodying its promise: an island of wonder, where every guest experience is thoughtfully designed to inspire connection, discovery, and delight. 'With Miros, we are extending our belief in reimagining legacy industries. Just as we have made land ownership aspirational and accessible, we are now creating destinations that are rooted in emotion, curated with care, and designed to leave behind memories that last a lifetime," Abhinandan Lodha, Chairperson of HoABL, said. Also Read: Post court battle with sibling, Abhinandan Lodha renames firm Samujjwal Ghosh, Chief Executive Officer, HoABL, said, 'By integrating a luxury hospitality brand such as Miros into our branded land developments, we are bringing aspiration and access together. Miros allows us to add deep emotional and experiential value to the land we develop, creating destinations that are not only owned, but truly lived and felt." Also Read: HoABL forays into Mumbai's real estate market with the launch of three vertical projects, to invest ₹2500 crore Vertical projects After constructing plotted development projects in locations like Dapoli, Goa, Neral, near Mumbai, and Ayodhaya, the company earlier this year announced entering the Mumbai real estate market with vertical development projects. In July 2025, the HoABL and Mittal Builders announced the signing of a joint development agreement (JDA) to co-develop a three-million-square-foot integrated township project in Naigaon, near Mumbai. The company announced that the project will include the construction of 4,600 apartments along with high street retail space. It is scheduled to launch in the current quarter (Q2 FY26) and entails an investment of ₹2,000 crore. The project is expected to achieve a Gross Development Value (GDV) of ₹3,000 crore over the next three to five years.
Hindustan Times
11-07-2025
- Business
- Hindustan Times
HoABL and Mittal Builders partner for a township project in Naigaon near Mumbai, having ₹3,000 crore potential
The House of Abhinandan Lodha (HoABL) and Mittal Builders have inked a joint development agreement (JDA) to co-develop a three million sq ft integrated township project in Naigaon, near Mumbai. The House of Abhinandan Lodha (HoABL) and Mittal Builders have inked a joint development agreement (JDA) to co-develop a three million sq ft integrated township project in Naigaon. (Picture for representational purposes only)(Mehul R Thakkar/HT) The company announced that the project will include the construction of 4,600 apartments along with high street retail space. It is scheduled to launch in the current quarter (Q2 FY26) and entails an investment of ₹2,000 crore. The project is expected to achieve a Gross Development Value (GDV) of ₹3,000 crore over the next three to five years. In a joint statement, the companies said that the development will be delivered in phases over five years. This joint venture (JV) marks a significant milestone in the ongoing partnership between Mittal Builders and HoABL, which was announced earlier this year, it said. According to the statement, Mittal Builders has a 70-acre landholding in Naigaon with a potential of 6.5 million sq ft and a projected GDV exceeding ₹8,000 crore. Trustcap, a Mumbai-based investment bank, acted as the sole financial advisor for the transaction. Also Read: HoABL forays into Mumbai's real estate market with the launch of three vertical projects, to invest ₹2500 crore Rakesh Pai, Chief Operating Officer of The HoABL, said, 'The partnership between HoABL and Mittal Builders underscores our shared commitment to creating exceptional developments that truly resonate with the aspirations of today's discerning homebuyers." Together, we aim to deliver thoughtfully planned townships that prioritise quality construction, timely delivery, and a premium lifestyle. Our focus is on serving a broad community of buyers who value a seamless blend of comfort, reliability, and long-term value in their homes, Pai said. According to the statement, the project is located within 2 km of Naigaon railway station on the suburban western railway line. The statement said the development will also 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. Also Read: Abhinandan Lodha-led Lodha Ventures rebrands as Abhinandan Ventures 'Our commitment to Naigaon goes beyond real estate as we are building a thriving community. With 2 million sq ft of delivered residential space housing over 2,000 families, and a school educating more than 2,500 students in Naigaon, we have already enabled a strong residential and social ecosystem," said, Akshay Mittal, promoter, Mittal Builders. Also Read: Prestige Group buys 22,135 sq m of land in Mumbai for ₹291.6 crore "This next phase, in partnership with HoABL, will mark the beginning of a long-term partnership focused on creating large-scale, high-quality real estate developments in the region and beyond," Mittal said.
Time of India
10-07-2025
- Business
- Time of India
Mittal Builders, HoABL to invest ₹2,000 crore on 11-acre project in Mumbai region
NEW DELHI: Realty firm Mittal Builders has tied up with House of Abhinandan Lodha to develop a housing project in Mumbai Metropolitan Region with an investment of Rs 2,000 crore. In a statement on Thursday, Mittal Builders said it has entered into a Joint Development Agreement (JDA) with House of Abhinandan Lodha (HoABL) to co-develop an 11-acre project comprising 30 lakh sq ft, comprising over 4,600 apartments and high-street retail. The project is expected to be launched in the second quarter of 2025-26. "The JV project involves a planned investment of about Rs 2,000 crore and a GDV (gross development value) of over Rs 3,000 crore in the next 3-5 years," the company said. Rahul Mittal , Promoter, Mittal Builders, said, "Naigaon is fast emerging as a key growth centre in the MMR."* The formation of this JV with HoABL brings together two complementary strengths to accelerate Naigaon's evolution into a well-integrated urban destination, he added. Akshay Mittal , Promoter, Mittal Builders, said the company has already delivered 2 million sq. ft. of residential space housing over 2,000 families, and a school educating more than 2,500 students in Naigaon. Rakesh Pai, Chief Operating Officer at HoABL, said the Mittal Builders, which was founded in 1952, portfolio that exceeds 50 million sq. ft. across more than 2,000 buildings in Mumbai, Thane, Pune, Delhi, Bangalore, Hyderabad, and Nagpur. Established in 2020, HoABL has delivered 4 projects totalling about 15 million sq ft of developed land. It is mainly into plotted development and is now foraging into group housing.
Hindustan Times
08-07-2025
- Business
- Hindustan Times
Lodha Developers reports a 10% jump in pre-sales bookings to ₹4,450 crore in Q1FY26
Mumbai-based listed real estate developer Lodha Developers reported a 10% growth in pre sales bookings to ₹4,450 crore in the first quarter of FY26, compared to ₹4,000 crore during the same period last year. Mumbai-based listed real estate developer Lodha Developers reported a 10% growth in pre-sales bookings to ₹ 4,450 crore in the first quarter of FY26. (Picture for representational purposes only)(HT Files) In a regulatory filing, Lodha Developers said, "We achieved pre-sales of ₹4,450 crore in Q1, FY26, showing 10 per cent year-on-year growth." According to the company, the increase was despite the impact of geopolitical tensions in the first half of the quarter, which resulted in a 'loss' of activity for two weeks, which the company expects to make up over the course of the rest of the financial year. "With further strengthening of our launch pipeline for the current fiscal on the back of significant business development achieved during the June quarter, we remain on track to achieve FY26 pre-sales guidance of ₹21,000 crore," the company said. Also Read: Puravankara to redevelop eight housing societies in Mumbai's Chembur with a gross development value of ₹2,100 crore During the quarter, the firm added five new projects across the Mumbai Metropolitan Region, Pune, and Bengaluru with a combined GDV of ₹22,700 crore—already more than 90% of its full‑year GDV guidance of ₹25,000 crore. Also Read: Rustomjee Group adds three redevelopment projects worth ₹7,727 crore to its Mumbai portfolio The company said that the collections for the quarter stood at ₹2,880 crore, marking a 7% increase YoY and aligning with the company's business plan. The company said that despite considerable investment in business development, net debt remained at ₹5,080 crore, comfortably below the company's 0.5× net‑debt‑to‑equity cap. Rebranding of the company The company announced that Lodha Developers, formerly known as Macrotech Developers Limited, will rebrand as Lodha Developers Limited with effect from June 16. Abhishek Lodha-led firm Macrotech Developers Ltd received approval from the Registrar of Companies to change its name almost two months after settling the trademark dispute with the younger brother who owns the House of Abhinandan Lodha. They settled the dispute on April 14. Also Read: Macrotech Developers rebrands company's name to Lodha Developers Limited According to the agreement reached between the two brothers, the listed entity Macrotech Developers Ltd is the owner of and has the exclusive right to use the brand names 'Lodha' and 'Lodha Group'. Abhinandan Lodha is the owner of and has the exclusive right to use the brand name 'House of Abhinandan Lodha'. Lodha Group and 'House of Abhinandan Lodha' have no connection with each other, and both entities decided to communicate this widely, they had said in a statement.
