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The House of Abhinandan Lodha Plans ₹1,800 Cr Investment for Expansion

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The House of Abhinandan Lodha Plans ₹1,800 Cr Investment for Expansion
The House of Abhinandan Lodha Plans ₹1,800 Cr Investment for Expansion
As part of its expansion strategy, the House of Abhinandan Lodha would invest ₹1,800 crore for project building and land acquisition in the current fiscal year. The Mumbai-based company has started about ten planned development projects on 650 acres in Maharashtra, Goa, and Uttar Pradesh’s Ayodhya.

Approximately 550 crore of the overall expenditure will go towards building, with the remainder sum going towards purchasing land. Internal accruals will be used to finance the investment.

The business has selected 48 Indian cities to benefit from current or planned infrastructural developments as well as an increase in tourists. The House of Abhinandan Lodha also intends to start selling house plots in Shimla, Varanasi, and Amritsar.

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