House Of Abhinandan Lodha Returns ₹1,100 Crore To HDFC Capital, Facilitates Early Exit Across Five Projects
Mumbai: The House of Abhinandan Lodha (HoABL), the largest branded land developer in the country, announced a successful exit for one of its leading investors, HDFC Capital Advisors Limited. The successful exit reflects HoABL’s focus on creating long-term value through strategic real estate investments, disciplined asset management and execution-led growth. In 2023, HoABL partnered with HDFC…
The House of Abhinandan Lodha (HoABL), India's leading branded land developer, has successfully facilitated an early exit for one of its key investors, HDFC Capital Advisors Limited, returning ₹1,100 crore to the investor. This significant milestone underscores HoABL's commitment to creating long-term value through strategic real estate investments and disciplined asset management.
In 2023, HoABL partnered with HDFC Capital to set up a joint investment platform for plotted developments and low-rise projects in metropolitan cities, Tier II cities, and emerging markets across India. HDFC Capital has committed approximately ₹1,500 crore to the platform, across 11 projects. Earlier than expected, the completion of certain projects has generated strong cash flows, enabling HoABL to provide an exit before the scheduled date to HDFC Capital for five projects.
Vipul Roongta, CEO of HDFC Capital, praised HoABL for its differentiated real estate niche and strong partnerships, expressing hope for continued collaboration. Abhinandan Lodha, Chairman of HoABL, expressed satisfaction with the successful exit, highlighting the company's focus on high-potential opportunities and value creation throughout the investment lifecycle. TrustCap served as the sole financial advisor for the transactions.
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