Sri Lotus Developers And Realty Wins ₹550 Crore Shivaji Park Redevelopment

Sri Lotus Developers was appointed preferred developer for a Shivaji Park Beach Front residential redevelopment, estimated GDV ₹550 crore and saleable area of ~44,000 sq ft; commencement is expected by end-FY28/Q1 FY29, with completion in 3–3.5 years. Context: the previously undisclosed project now has initial scale and timing.