Demand Soars: Abhinandan Lodha's Growth Housing Allots 1,419 Naigaon Homes

• Abhinandan Lodha-backed Growth Housing completed allotment of 1,419 homes in Phase 1 of its Naigaon affordable housing project.
• The project, part of the Great Western Mumbai development, saw high demand, with the next sales phase planned for February.
• Growth Housing received 80% payments for allotted flats from banks like SBI, Axis Bank, ICICI Home Finance, and Bajaj Housing Finance.
• The firm is developing the project in joint partnership with Mittal Builders, offering 1-BHKs from Rs 33 lakh.
• HoABL employs cost-cutting measures like online processes, AI, and no sales teams to make affordable housing viable.

Why It Matters: Abhinandan Lodha's Growth Housing successfully allotted 1,419 affordable homes in Naigaon, with high demand and future expansion plans.