Sri Lotus Developers and Realty Ltd

Sri Lotus Developers & Realty will hold a meeting of the Board of Directors of the Company on 9 February 2026.Powered by Capital Market - Live

The expansion into GIFT City marks the company's first project in Gujarat and a significant milestone in its expansion beyond its core Mumbai market. The project will be undertaken through its subsidiary, Rise Root Projects, which has entered into a development agreement with Abhishek Bachchan having profit-sharing arrangement, enabling the company to leverage its core strengths in design, planning, development, and execution. The proposed development will comprise a thoughtfully planned mix of premium retail, Grade-A commercial office spaces and high-end residential units etc. The project is designed to address the growing demand from financial institutions, fintech firms and IT / ITeS companies. Supported by the company's strong execution capabilities and proven track record of timely delivery, the project is expected to be completed over a period of 4 years post launch of the project. Anand K Pandit, chairman & managing director, Sri Lotus Developers & Realty, said, 'We are pleased to announce our entry into the GIFT City Area, Gandhinagar with our flagship ultra luxury mixed use project. GIFT City is rapidly emerging as a premier global financial and business hub, supported by progressive policy initiatives, robust infrastructure development, and increasing interest from domestic and international investors. Our expansion into this market is driven by the objective of addressing the rising demand for premium and ultra-luxury residential and commercial spaces within the region.' Sri Lotus Developers & Realty is a Mumbai-based real estate developer focused on ultra-luxury and luxury residential and commercial projects in the western suburbs of the Mumbai Metropolitan Region (MMR). The company's consolidated net profit fell 8.4% to Rs 46.15 crore despite of 43.5% jump in net sales to Rs 176.11 crore in Q2 FY26 over Q2 FY25.Powered by Capital Market - Live

Sri Lotus Developers & Realty has announced its expansion into the GIFT City Area, Gandhinagar through a development agreement (DA) with Abhishek Bachchan. The project will have a built up area of over ~1 million sq. ft. The Company has made a strategic entry into the GIFT City Area, Gandhinagar with an ultra-luxury, mixed-use development on freehold land, marking Lotus' first project in Gujarat and a key milestone in its growth journey beyond its core Mumbai market. The project will be undertaken through subsidiary of the Company 'Rise Root Projects' which entered into a Development Agreement with Shri Abhishek Bachchan having profit sharing arrangement, enabling the Company to leverage its core strengths in design, planning, development, and execution. This asset-light approach is expected to enhance capital efficiency while allowing Lotus to scale its presence in a high-potential, emerging real estate market. The proposed development will comprise a thoughtfully planned mix of premium retail, Grade-A commercial office spaces and high-end residential units etc. The project is designed to address the growing demand from financial institutions, fintech firms and IT / ITeS companies. Supported by the Company's strong execution capabilities and proven track record of timely delivery, the project is expected to be completed over a period of 4 years post launch of the project.Powered by Capital Market - Live

Sri Lotus Developers & Realty has incorporated a wholly owned subsidiary in India namely 'RISE ROOT PROJECTS on 07 November 2025. The new subsidiary will be engaged in the business of real estate development. Powered by Capital Market - Live

Sri Lotus Developers & Realty will hold a meeting of the Board of Directors of the Company on 10 November 2025.Powered by Capital Market - Live

Sri Lotus Developers & Realty has been appointed as the developer for one more re-development project at the prestigious Bandstand, Bandra (West) location in Mumbai. Powered by Capital Market - Live

The brokerage note cited favorable industry dynamics, improving operating metrics, and a robust pipeline of projects as key drivers for the company's growth outlook. It said Sri Lotus is well positioned to capture the city's redevelopment wave. The report also underscored the developer's presence in high-demand micro-markets, its solid execution record, and its asset-light development model as competitive strengths. Additionally, the company's healthy balance sheet, low leverage levels, and disciplined approach to capital allocation were flagged as supportive factors for long-term growth. Sri Lotus Developers & Realty is a Mumbai-based real estate developer focused on ultra-luxury and luxury residential and commercial projects in the western suburbs of the Mumbai Metropolitan Region (MMR). The firm reported a consolidated net profit of Rs 227.41 crore and sales of Rs 549.68 crore for the twelve months ended on 31 March 2025. The stock made its market debut on 6 August 2025 at Rs 179.10, listing at a 19.4% premium to the issue price of Rs 150. The initial public offering of Sri Lotus Developers and Realty had garnered strong investor interest, with a subscription of 69.14 times. The IPO was open for bidding between 30 July and 1 August 2025, with a price band of Rs 140 to 150 per share. Of the net proceeds, Rs 550 crore will be infused into subsidiaries'Richfeel Real Estate, Dhyan Projects, and Tryksha Real Estate'to partly fund ongoing projects Amalfi, The Arcadian, and Varun. The balance will be allocated towards general corporate purposes. Powered by Capital Market - Live

With this project, the company aims to create an ultra-luxury development that will redefine premium living, offering world-class design, unmatched amenities, and an address that embodies exclusivity and sophistication,' the real estate developer said in a statement. Sri Lotus Developers & Realty is a Mumbai-based real estate developer focused on ultra-luxury and luxury residential and commercial projects in the western suburbs of the Mumbai Metropolitan Region (MMR). The firm reported a consolidated net profit of Rs 227.41 crore and sales of Rs 549.68 crore for the twelve months ended on 31 March 2025. Powered by Capital Market - Live

Sri Lotus Developers & Realty announced that the Annual General Meeting(AGM) of the company will be held on 26 September 2025.Powered by Capital Market - Live

Sri Lotus Developers & Realty will hold a meeting of the Board of Directors of the Company on 26 August 2025.Powered by Capital Market - Live