Real estate developer House of Abhinandan Lodha (HoABL) has sold a 2.67-acre plot in Ayodhya to Bollywood icon Amitabh Bachchan for Rs 35 crore. According to the company, the deal was completed on Friday by Rajesh Yadav, managing director of AB Corp Ltd.

The land is situated close to HoABL’s 75-acre luxury development project, The Sarayu. In January 2024, Bachchan had already purchased plots within the same project. This marks his third investment in Ayodhya through HoABL and his fourth investment in the city overall.

Previously, Bachchan also bought a 10,000-square-foot plot in HoABL’s Sol de Alibaug project.

Abhinandan Lodha, chairman of HoABL, said Bachchan’s investment highlights the belief that land is a long-term asset capable of preserving value for future generations. He added that Ayodhya is gaining attention as a promising location for land ownership due to continued infrastructure development and public investment.

Established in 2020, HoABL has grown into one of India’s major branded land developers, focusing on transparent, technology-driven land transactions. Over the past five years, the company has sold more than 13 million square feet of developed land and currently has around 34 million square feet under development.

HoABL operates projects in several locations including Alibaug, Anjarle, Vrindavan, Dapoli, Goa, Khopoli, Nagpur and Neral.

The developer also plans to launch new projects in Amritsar, Shimla and Varanasi. Looking ahead, HoABL aims to expand its presence to 48 cities across India to meet growing demand for plotted developments in areas driven by infrastructure growth and tourism.

Recently, the company also entered the vertical real estate segment, launching three residential projects in Mumbai with a combined development area of about 3.1 million square feet.