The House of Abhinandan Lodha makes mega Rs-3000 cr investment in 6 cities, plots to be launched by June 2025

Projects are also coming up in cities such as Amritsar, Shimla, Nagpur, and Khapoli, near Mumbai, he told reporters in Gurgaon.

“We have identified 48 locations across the country and are entering six new locations. The group will launch the plots in these cities by June 2025,” Lodha said, adding that it is the first real estate business to go online.

Lodha said that the firm has acquired 75 acres of land from 1,400 farmers in Ayodhya and the customers to whom the land has been resold include Indians from across the world, especially West and Southeast Asia.

The realty firm, which was formed in 2021, currently has projects in Maharashtra, Goa, and Uttar Pradesh and has launched plotted development projects totalling 850 acres, of which 150 acres have been delivered.

The chairman further said that based on the company’s acquisition, the revenue potential is pegged at USD 1 billion and the project will be funded through internal revenue and from its platform with HDFC Capital.

Revised circle rate in Ayodhya

In view of the revision of circle rate in Ayodhya, Lodha said that the government sets the rate and they might have their reasons for it.

The Indian Express has reported that the circle rate was revised after a gap of seven years.

One of the farmers in Ayodhya, Durga Prasad Yadav, had sought a hike in circle rate and approached the Lucknow bench of the Allahabad High Court on October 5, 2021. The matter is yet to be listed.

Regarding the issue he said, “When we acquired land in Ayodhya, we paid five to 10 times more than the market price. Farmers have greatly benefited from the investment.”

Circle rate is the minimum price at which a property can be legally sold or transferred in a given area.

In Tihura Manjha where the circle rate for ‘agriculture’ land since August 2017 ranges from Rs 11 lakh to Rs 23 lakh per hectare, the proposed rates range between Rs 33 lakh and Rs 69 lakh per hectare. Tihura Manjha is a village where the House of Abhinandan Lodha has purchased land.

New office opened in Gurgaon

The company also opened its first office in Gurgaon on Friday. “The opening of our new Gurgaon office marks a pivotal moment in our mission to reshape land ownership in India. This expansion isn’t just about scaling operations. It is about driving a paradigm shift in how Indians perceive land as an investment,” Lodha said.

He said land is more than a commodity as it is a catalyst for long-term growth and community empowerment.

“With over Rs 1,000 crores invested in strategic acquisitions across key growth markets, we are not only unlocking premium land for investors but also transforming these regions into thriving destinations. Our vision is to make Grade-A land ownership accessible, secure, and a cornerstone of wealth creation for generations to come,” he added.