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Sri Lotus Developers and Realty Ltd, incorporated in 2015, is a Mumbai-based luxury and ultra-luxury real estate developer. Operating under an asset-light model, it focuses on redevelopment projects in the western suburbs, with its Lotus Developers brand enjoying a 22% pricing premium in the Juhu micro-market.
Sri Lotus Developers and Realty has finalized its strategic investment, completing the acquisition of additional equity shares in its three wholly-owned subsidiaries: Veera Desai Projects, Dhiti Projects, and Prasati Projects. The company injected a total of ₹4.91 Cr through a rights issue, subscribing to shares at ₹10 each. This capital...
Sri Lotus Developers is boosting its real estate footprint by investing a total of ₹4.91 Cr into its three wholly-owned subsidiaries: Veera Desai Projects, Dhiti Projects, and Prasati Projects. This capital infusion, provided through rights issues, maintains the company's 100% ownership in each entity. The funds will primarily support the...