Mumbai-based realty firm The House of Abhinandan Lodha plans to acquire land in 13 new cities as part of its strategy to expand to 30 towns by March next year.
Founder Abhinandan Lodha stated the company aims to sell plots worth Rs 2,200 crore this financial year, targeting Rs 10,000 crore in annual sales by 2029-30.
The firm has already acquired land in 17 locations across Maharashtra, Goa, Uttar Pradesh, Punjab, and Himachal Pradesh, with development and sales underway in 10. Construction will commence in the remaining seven within six months.
Founded in 2021, the company has launched multiple plotted development projects spanning 1,000 acres across Maharashtra, Goa, and Uttar Pradesh. It exclusively sells plots online, aiding scalability.