Sri Lotus Developers and Realty (LOTUSDEV) — Announcement

1 Announcement Neutral 📄 PDF

📢 Key Event
Appointed as preferred developer for Shivaji Park Beach Front redevelopment project

🔮 What's Next
commence by end of FY28 or Q1 FY29; completion within 3 to 3.5 years

💡 Investor Takeaway
The project adds a high-value redevelopment opportunity in a premium location, potentially boosting future revenue and market positioning.

Sri Lotus Developers and Realty Limited announced its appointment as the preferred developer for a residential redevelopment project at Shivaji Park Beach Front, Dadar, with an estimated gross development value of INR 550 crores. The project, targeting a saleable area of approximately 44,000 sq. ft., is expected to commence by the end of FY28 or Q1 FY29 and conclude within 3 to 3.5 years. The appointment underscores the company's growing brand strength and acceptance among housing societies in premium micro-markets. The press release also highlighted the company's focus on luxury and ultra-luxury redevelopments in Mumbai's western suburbs and emerging micro-markets.

2 Announcement Neutral 📄 PDF

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About Sri Lotus Developers and Realty Limited (LOTUSDEV)

Realty · Realty · Listed on NSE

Market Cap: ₹8,713.94 Cr P/E: 33.6 ROE: 28.2% ROCE: 33.6% Div Yield: 0.28%

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🔥 Also filed on 14 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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Sri Lotus Developers and Realty Limited (LOTUSDEV) — Announcement | 14 August 2026(2 announcements)

About Sri Lotus Developers and Realty Limited (LOTUSDEV)

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🔥 Also filed on 14 August 2026