The House of Abhinandan Lodha is not a known real estate developer coming up with new plots project in Ayodhya.U.P.
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Witness a remarkable display of dedication towards Ayodhya’s development as The House of Abhinandan Lodha (HoABL) makes a groundbreaking announcement. With an astounding investment of Rs 1,200 crore solely devoted to the city, HoABL aligns with the government’s vision to establish Ayodhya as a global spiritual capital, as proclaimed during the UP Global Investor’s Summit in February 2023.
Under the leadership of CEO Samujjwal Ghosh and MD of Lodha Ventures, Mr Abhinandan Lodha, The House of Abhinandan Lodha has diligently conducted extensive fieldwork for over a year, paving the way for their upcoming project launch.
A significant milestone is reached as the new office in Ayodhya is inaugurated by The House of Abhinandan Lodha. This investment powerhouse’s unwavering commitment to the city’s growth and prosperity shines through, and the establishment of their office serves as a testament to their dedication and a base for their operations in the region.
Samujjwal Ghosh, CEO of The House of Abhinandan Lodha, enthusiastically expressed his optimism for Ayodhya’s future. He stated, “Our commitment of Rs 1,200 crore investment in Ayodhya marks a significant milestone in our dedication to the region’s growth and development. The opening of our office here stands as a testament to our unwavering commitment to fostering progress and prosperity in this historic city. It will not only serve as a base for our operations but also symbolize our deep-rooted belief in Ayodhya’s immense potential. We aim to catalyse economic opportunities, empower local communities, and contribute to the historic transformation of this city.”
In addition to Ayodhya, India’s largest branded land developer has pledged a remarkable Rs 3,000 crore investment in the state, further solidifying their commitment to progress.
As business operations commence in Ayodhya, Sanjeev S Ralhan, CSO of The House of Abhinandan Lodha, emphasized the city’s cultural heritage and visionary efforts by the government, which are poised to attract a significant influx of tourists and visitors. He stated, “Our investment of Rs 1,200 crore in Ayodhya is a strategic move to capitalize on this growth and contribute to the city’s development. We are excited to introduce our innovative projects that will provide exceptional residential and commercial spaces, catering to the evolving needs of both the local community and the discerning global clientele. Ayodhya’s transformation into a global spiritual capital opens doors to new avenues for success, and we are eager to be at the forefront of this exciting journey.”
The inauguration of the new office in Ayodhya witnessed the presence of esteemed guests and dignitaries, including Shri Champat Rai, General Secretary of Shri Ramjanmbhoomi Teerth Kshetra Ayodhya, and Shri Girishpati Tripathi, Mayor of Ayodhya, who graced the occasion as Chief Guests. Notable personalities such as Shri Gaurav Dayal, Divisional Commissioner & Chairman of Ayodhya Development Authority, and Shri Vishal Singh, Vice-Chairman of Ayodhya Development Authority & Commissioner of Nagar Nigam Ayodhya, were also in attendance.
Shri Champat Rai expressed his delight, acknowledging The House of Abhinandan Lodha’s substantial commitment towards Ayodhya’s development. He stated, “We are delighted to witness such a substantial commitment by The House of Abhinandan Lodha towards the development of Ayodhya. Their acknowledgement and dedication are a testament to the immense potential of our city as a global spiritual capital. This investment will undoubtedly contribute to Ayodhya’s growth and transformation, further solidifying its significance on the world stage.”
Shri Girishpati Tripathi, Mayor of Ayodhya, commended HoABL for establishing a strong presence in Ayodhya. He stated, “Ayodhya’s journey to becoming a world-class spiritual and cultural destination requires collaborations with visionary partners like The House of Abhinandan Lodha. Their substantial investment demonstrates a shared vision for Ayodhya’s growth and development. We welcome them wholeheartedly and look forward to the positive impact this partnership will bring to our city.”
Shri Gaurav Dayal, Divisional Commissioner and Chairman of Ayodhya Development Authority, expressed his excitement about the investment and its potential impact on Ayodhya. He said, “The House of Abhinandan Lodha’s commitment to investing Rs 1,200 crore in Ayodhya is a significant milestone for the city’s development. This partnership reflects the confidence and belief in Ayodhya’s potential as a global spiritual capital. With their expertise and investment, we are confident that Ayodhya will flourish and become a world-class destination.”
Shri Vishal Singh, Vice-Chairman of Ayodhya Development Authority and Commissioner of Nagar Nigam Ayodhya, echoed Mr. Dayal’s sentiments. He added, “The House of Abhinandan Lodha’s investment aligns perfectly with the ongoing infrastructure projects and the government’s vision for Ayodhya. Together, we can create a vibrant and inclusive city that offers a world-class experience to residents and tourists alike. This investment will undoubtedly catalyze Ayodhya’s growth and elevate its global standing.”
With the investment by The House of Abhinandan Lodha perfectly timed to coincide with the anticipated increase in tourist footfall following the inauguration of the Ram Temple by January next year, the Uttar Pradesh Cabinet, led by Chief Minister Yogi Adityanath, recently approved projects worth Rs 465 crore for the development of world-class infrastructure in Ayodhya. These projects include the expansion and beautification of the 2-km “Dharma Path” road, the development of tourist amenities and resting places, as well as the expansion of the Pancha Kosi Parikrama Marg and the 14 Kosi Parikrama Marg. Additionally, the ongoing construction of the Ayodhya airport is expected to be completed by September 2023, further enhancing the accessibility and connectivity of the region.
Samujjwal Ghosh, reflecting on the promising future of Ayodhya, stated, “The government’s vision for Ayodhya aligns perfectly with our investment plans. With the upcoming infrastructure developments and the inauguration of the Ram Temple, Ayodhya is set to become a global destination. We are proud to be a part of this transformative journey and look forward to contributing to Ayodhya’s prominence on the world map.”
The House of Abhinandan Lodha’s investment, combined with the government’s visionary efforts and the ongoing infrastructure projects, is poised to position Ayodhya as a prominent global spiritual capital in the near future. The company’s commitment to the city’s growth reflects its confidence in Ayodhya’s potential as a thriving economic and cultural center.
As The House of Abhinandan Lodha takes its first steps towards realizing its ambitious projects in Ayodhya, the city eagerly anticipates the positive impact this investment will have on its development and the fulfillment of its global aspirations.
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- Ayodhya: The project is named after the ancient city of Ayodhya, which is considered the birthplace of Lord Rama in Hindu mythology.
- Proximity to Ram Temple: It mentions that the development is close to the Ram Temple, referring to the recently constructed temple in Ayodhya dedicated to Lord Rama.
- Gated community: The project is described as a gated community, which typically implies a residential area with controlled access and shared amenities.
- NA Plots with demarcation: “NA” stands for Non-Agricultural, suggesting that the plots are designated for non-agricultural purposes. “Demarcation” means that the boundaries of the plots are clearly defined.
- World-class amenities: The project is said to offer high-quality amenities and facilities.
- EOI – 9.99L (100% refundable): “EOI” likely stands for Expression of Interest, indicating a preliminary commitment or reservation for a plot in the project. The amount mentioned, 9.99L, could refer to the price or fee associated with expressing interest. The statement further states that the amount is fully refundable, meaning it can be returned if the buyer decides not to proceed.