The House of Abhinandan Lodha (HoABL), a division of Lodha Ventures, will be investing over Rs 11,000 crore towards plotted development and land investments in the next three to four years.

Of the total outlay, over Rs 3,500 crore will be spent on acquisition of land parcels spread over at least 3,000 acres in key locations, with the rest of the funds being utilised for development and operations.

Apart from the company's four plotted developments launched at Goa, Dapoli, Anjarle and Nanjarle and Neral, the roll out of 11 new projects planned in FY24 will cover Alibaug near Mumbai, Goa, Ayodhya, Lonavala and two more locations in the Konkan region.

Based on the total planned investment for the next four years, the firm has allocated a dedicated budget of Rs 3,000 crore for real estate activity in Uttar Pradesh and out of this, Rs 1,200 crore is to be invested in Ayodhya alone.