Mittal Builders Partner With HoABL To Build Rs 2000 Crore 11 Acre MMR Township

Mittal Builders has entered a joint development agreement with The House of Abhinandan Lodha (HoABL) to co-develop a 3 million sq ft integrated township in the Mumbai Metropolitan Region’s Naigaon area. The Rs 2,000 crore investment marks one of the largest private realty collaborations in suburban MMR in recent years.

The 11-acre township is envisioned as a large-format, self-sustaining urban ecosystem comprising over 4,600 residential units in high-rise towers and a dedicated high-street retail corridor. This urban enclave will be executed in phases over the next five years and is expected to generate a Gross Development Value (GDV) of more than Rs 3,000 crore. According to officials involved in the project, the development will focus on creating sustainable infrastructure, green urban spaces, and accessible amenities for diverse income groups. The initiative is seen as a step towards creating integrated communities that blend affordable living with future-ready infrastructure.

This partnership also signifies HoABL’s expanding footprint in vertical real estate development across Mumbai. The company, which has developed nearly 15 million sq ft of plotted land and holds 30 million sq ft of active projects across Maharashtra and northern India, recently forayed into Mumbai’s high-density development with projects in the south and now in the northern suburb. Mittal Builders, with a development legacy spanning more than 50 million sq ft across key Indian cities, including Pune, Thane, Hyderabad, and Delhi, holds a total of 70 acres in the Naigaon region. The broader land parcel has the potential to support over 6.5 million sq ft of future development, with a projected GDV exceeding Rs 8,000 crore.

With increasing demand for well-planned housing in MMR, this project promises to cater to the needs of a growing urban population while contributing to the vision of building equitable, climate-resilient, and transit-oriented townships.

Mittal Builders Partner With HoABL To Build Rs 2000 Crore 11 Acre MMR Township