House of Abhinandan Lodha ties up with NITCO for Alibag project, to invest Rs 1,000 cr

House of Abhinandan Lodha plans to allocate Rs 1,000 crore for its latest project in Alibag, which will feature a blend of apartments, townhouses, and a luxury hotel. This venture, marking their second initiative in the area, is anticipated to contribute greatly to the revenue streams of the involved real estate companies. Notably, NITCO has secured a deposit of Rs 9 crore from its collaboration partner.