Sri Lotus Developers to Launch Ultra-Luxury Redevelopment in Mumbai's Bandra West
Sri Lotus Developers and Realty Ltd has been appointed to redevelop a prestigious ultra-luxury project in Bandra West, Mumbai, near the iconic Bandstand Promenade. The project aims to redefine premium living with world-class amenities and exclusive design.
Real EstateLuxury RedevelopmentBandra WestSri Lotus DevelopersMumbaiReal Estate MumbaiSep 09, 2025
The company stated, “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.” Additional details about the project, including design specifics and amenities, will be disclosed in due course.
Sri Lotus Developers is a Mumbai-based company that specializes in the development of residential and commercial properties. The company primarily focuses on redevelopment projects in the ultra-luxury and luxury segments in the western suburbs of Mumbai. Their strategy includes aggressive land aggregation via joint development agreements and MD models, with a strong emphasis on luxury redevelopment in high-value markets in Mumbai.
The company currently has 13 ongoing or upcoming projects in the western suburbs, with a total saleable area of 16.9 lakh square feet. About 54% of these projects are redevelopment projects, while the remaining 46% are greenfield projects. Sri Lotus Developers plans to expand its presence in other micro-markets in the southern and central regions of Mumbai, such as Nepean Sea Road and Prabhadevi.
The IPO funds will be used to accelerate the project pipeline over the next 24 months. This will enable the company to take on more high-value projects and continue its growth trajectory in the luxury real estate market. Shares of Sri Lotus Developers and Realty Ltd ended at ₹180.45, down by ₹2.40 or 1.31%, on the BSE on September 9.
Sri Lotus Developers is committed to delivering exceptional quality and value to its clients. The company’s focus on ultra-luxury and high-value markets positions it as a leader in the real estate sector in Mumbai. With the launch of this new project in Bandra West, the company aims to set new standards in premium living and further solidify its reputation in the industry.
Frequently Asked Questions
Where is the new ultra-luxury project located?
The new ultra-luxury project is located in Bandra West, Mumbai, near the iconic Bandstand Promenade.
What is the main focus of Sri Lotus Developers?
Sri Lotus Developers primarily focuses on redevelopment projects in the ultra-luxury and luxury segments in the western suburbs of Mumbai.
How many ongoing or upcoming projects does Sri Lotus Developers have?
Sri Lotus Developers currently has 13 ongoing or upcoming projects in the western suburbs of Mumbai, with a total saleable area of 16.9 lakh square feet.
What percentage of Sri Lotus Developers' projects are redevelopment projects?
54% of Sri Lotus Developers' projects are redevelopment projects, while the remaining 46% are greenfield projects.
What is the stock price of Sri Lotus Developers and Realty Ltd as of September 9?
Shares of Sri Lotus Developers and Realty Ltd ended at ₹180.45, down by ₹2.40 or 1.31%, on the BSE on September 9.
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