When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
Bollywood actor Amitabh Bachchan has purchased a 2.67-acre land parcel in Ayodhya for INR 35 crore from real estate developer House of Abhinandan Lodha (HoABL). The transaction was executed by Rajesh Yadav on behalf of AB Corp Ltd. The land is located near HoABL's 75-acre luxury plotted development The Sarayu, where Bachchan had earlier purchased land parcels in 2024. This marks the actor's third investment in Ayodhya through HoABL and his fourth overall investment in the city. The deal highlights growing investor interest in Ayodhya's real estate market amid ongoing infrastructure development and rising demand for plotted land in emerging religious and tourism destinations.
Real estate developer House of Abhinandan Lodha (HoABL) on Friday announced the sale of a 2.67-acre land parcel in Ayodhya to Bollywood star Amitabh Bachchan for INR 35 crore.
According to the company, the transaction was executed by Rajesh Yadav, managing director of AB Corp Ltd, which represents Bachchan's business interests.
The land parcel is located near HoABL's 75-acre luxury land development project The Sarayu, where Bachchan had previously purchased plots in January 2024. The latest acquisition represents the actor's third investment in Ayodhya through HoABL and his fourth investment in the city overall.
Bachchan has also invested in HoABL's Sol de Alibaug project through the purchase of a 10,000 sq ft plot in Alibaug.
Commenting on the transaction, Abhinandan Lodha said the investment reflects a shared belief in land as a long-term, intergenerational asset.
Mr Bachchan's investment reflects a shared belief in land as an inter-generational asset that preserves value over the long term. Faith in Ayodhya is a legacy shared by generations, he said. Lodha added that strong infrastructure development and public investment are positioning Ayodhya as an attractive destination for long-term land ownership and value creation.
Founded in 2020, HoABL is one of India's largest branded land developers and focuses on technology-driven and transparent land ownership models. The company has sold more than 13 million sq ft of developed land within five years and currently has around 34 million sq ft under active development.
HoABL currently operates in locations including Alibaug, Anjarle, Ayodhya, Vrindavan, Dapoli, Goa, Khopoli, Nagpur and Neral, with upcoming developments planned in Amritsar, Shimla and Varanasi.
The company aims to expand to 48 cities across India, capitalising on rising demand for plotted developments in infrastructure-led destinations and tourism-driven markets. It has also recently entered vertical real estate development with three residential projects in Mumbai totalling 3.1 million sq ft.
Source - PTI
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023