9 months ago
HoABL Allots 1,419 Homes Online in Naigaon
HoABL, a big real estate company, gave out 1,419 homes in Naigaon, Mumbai, all through the internet.
They didn't need salespeople or visits to the site.
People could register, give their documents, and get their homes all online.
Most of the homes are one or two bedrooms.
The company has plans to finish the project early and start a second phase soon.
They also work with big banks to help people get loans.
HoABL is one of the biggest land buyers in India and has sold a lot of land in different cities.
HoABL allotted 1,419 homes in Naigaon, Mumbai, through a fully online process.
80% of the allotted apartments have received payments as per the scheduled timeline.
The homes consist of 51% one-bedroom and 49% two-bedroom units.
HoABL has partnered with major lenders for advance processing of home loans.
The company aims to deliver the project ahead of schedule and establish the online model as a benchmark for future developments.
- Who
- House of Abhinandan Lodha (HoABL)
- What
- Allotment of 1,419 homes through a fully online model
- Where
- Naigaon, Western Mumbai
- When
- January 1, 2026
- Why
- To establish a benchmark for future online housing models
Key facts
- Company
- House of Abhinandan Lodha (HoABL)
- Project Location
- Naigaon, Western Mumbai
- Homes Allotted
- 1,419
- Payment Received
- 80% of allotted apartments
- Housing Types
- 51% one-bedroom, 49% two-bedroom units
- Lenders
- SBI, HDFC Bank, Axis Bank, Bajaj Housing Finance, ICICI Home Finance, IIFL Housing Finance, Tata Capital Housing Finance
- Company Market Share
- 16% in 2025
- Land Sold
- 13 million square feet
- Land Under Development
- 34 million square feet
Quotes
Abhinandan Lodha
Chairman of The House of Abhinandan Lodha (HoABL)
“The entire booking and allotment process was conducted online. The company would focus on delivering this project ahead of schedule.”
CNBC TV 18
Sources
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