LOTUSDEV Launches Two Projects with ₹130 Crore Bookings, Plans Q3 FY26 Bandra Launch
The announcement signifies a substantial increase in the company's project pipeline and potential revenue generation, with initial bookings of ₹130 crore and estimated GDVs of ₹1,000 crore from two projects. The positive financial guidance for FY26 (₹1,100-1,300 crore pre-sales, 75-85% revenue growth, 30-35% PAT growth) indicates a significant positive impact on the company's future financial performance and market position.
The company announced successful launches of two new projects with significant initial bookings of ₹130 crore, strong estimated GDVs, and a planned launch of another ultra-luxury project. Management expressed confidence in demand and provided robust financial guidance for FY26, including substantial growth in pre-sales, revenue, and PAT.
* Sri Lotus Developers and Realty Limited (LOTUSDEV) announced the successful launch of two new luxury residential projects in Mumbai: The Arcadian in Juhu and Amalfi in Versova. * The Arcadian (Juhu), launched in September 2025, achieved bookings worth ₹92 crore within its first week and has an estimated Gross Development Value (GDV) of ₹700 crore. * Amalfi (Versova), also launched in September 2025, secured bookings of ₹38 crore in its first week, with an estimated GDV of ₹300 crore. * The combined initial bookings for these two projects total ₹130 crore. * The company is also progressing with Project Varun in Bandra, an ultra-luxury development, which is slated for launch in Q3 FY26. * Mr. Anand K Pandit, Chairman & Managing Director, stated that the strong response reflects the continuing demand uptick in the luxury real estate segment and the trust homebuyers place in the Lotus brand. He also highlighted the company's guidance for FY26, projecting Pre-Sales of ₹1,100-1,300 crore, Revenue growth of 75-85% Year-on-Year (YoY), and Profit After Tax (PAT) growth of 30-35% YoY. * Lotus Developers specializes in luxury and ultra-luxury residential and commercial projects in Mumbai, with a focus on redevelopment. The company has completed 4 projects aggregating over 4.2 lakh sq. ft. of carpet area, and has 5 ongoing and 11 upcoming developments covering approximately 25.5 lakh sq. ft. of carpet area.
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Sri Lotus Developers and Realty Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Sri Lotus Developers and Realty Limited. Read the original for the full detail.