Neral plots priced at ₹49.95 lakh face reported ₹10 lakh increase

A report dated 25 October 2026 says plots of about 1,400 sq ft in HoABL's Neral project are priced at ₹49.95 lakh all-in and face a ₹10 lakh increase. The project, HoABL Mission Blue Zone – Neral, is also marketed as ForeverLand. It covers 80 acres in Neral, a town in Raigad district, and offers villa plots. We found no official notice of the increase from the developer or any regulator. The developer's own pages mention a price rise but do not give its size or date.

Conflicting prices, dates and registration numbers

The developer's project page lists 1,248 sq ft plots from ₹49.00 lakh, 1,550 sq ft from ₹56.50 lakh and 1,862 sq ft from ₹67.50 lakh. Other HoABL-linked pages give lower starting prices for similar sizes, and one page quotes ₹74.61 lakh for 1,500 sq ft. Buyers should treat the price band as unsettled until the developer issues a current price sheet.

Possession dates also differ. The pages give December 2026, mid-2027 and June 2029. The project is listed as launched in January 2026 and under construction. Several pages cite MahaRERA registration number P52000077814, while another developer-run page cites P52000078507. Buyers should search the MahaRERA portal for the project and check the registration number, possession date and sanctioned layout before signing any agreement.

What the 5X estimate is

The report attributes a 5X appreciation potential over 10 years to Liases Foras, a research firm. The firm describes itself as an independent, non-broking real estate research company with no brokerage or development interests. The estimate is a forecast. It is not a guaranteed return, and the report does not set out the assumptions behind it. HoABL has said more than ₹4 lakh crore has been committed to Mumbai 3.0. A June research release from Liases Foras cited a ₹4.04 lakh crore infrastructure pipeline. The two figures measure different things, and this article uses only the developer's figure, as attributed.

Infrastructure in the area is at different stages. Atal Setu, the Mumbai Trans Harbour Link, has been open since 12 January 2024 and runs 18.2 km from Sewri to Chirle. Navi Mumbai International Airport began commercial operations on 25 December 2025, and international flights began on 15 July 2026. The airport has no direct metro or rail service. Three road bridges, SBR-9, BR-4 and BR-5, are planned by CIDCO across Panvel Creek and the Gadhi River, and no completion date has been announced. Corridor projects such as Metro Line 8 and the Panvel-Karjat rail line are listed in research material, but the sources give no dates for them.

HoABL was founded in 2020 by Abhinandan Lodha and is headquartered in Mumbai. In January 2023 it announced a capital expenditure plan of ₹11,000 crore over four years. A business newspaper report from April, with the year not shown, says the company plans to invest ₹2.5K crore across three high-rise projects in Mumbai.

What buyers should check

Some pages on the project are sales pages, and one states that the company is an authorised marketing partner for the project. Their claims on prices, returns and connectivity should be read as the developer's own position. Before paying a booking amount, buyers should get the current price sheet in writing, confirm the registration number on the MahaRERA portal, and compare the possession date in the agreement with the dates on the website. The next checkpoints are a formal price notice from the developer and the MahaRERA listing for the project. Neither has been published in the material reviewed for this article.