Sri Lotus Developers has announced a strong start to the quarter with its ultra-luxury residential projects, The Arcadian in Juhu and Amalfi in Versova, securing a combined ₹130 crore in bookings within the first week of launch. The Arcadian contributed ₹92 crore to the initial bookings, with an estimated Gross Development Value (GDV) of ₹700 crore. Amalfi, with a GDV of ₹300 crore, achieved ₹38 crore in bookings during the launch week. These projects showcase the company’s commitment to delivering thoughtfully designed, high-quality, and ultra-luxury developments.
Anand K Pandit, Chairman & Managing Director, Sri Lotus Developers & Realty Limited, said, “We are delighted with the overwhelming response to The Arcadian in Juhu and Amalfi in Versova. Achieving ₹130 crore in bookings within a week is a testament to the strength of Mumbai’s ultra-luxury housing market and the trust that homebuyers place in our brand.” The company is preparing to launch its next marquee development, Project Varun in Bandra, in Q3 FY26, which is poised to further strengthen its footprint in the city’s ultra-luxury segment.
With the upcoming launch of Project Varun, Sri Lotus Developers expects FY26 to be a defining year marked by significant growth in both pre-sales and revenues. The company’s projects are thoughtfully crafted spaces that bring together design, community, and luxury, reflecting its core philosophy of combining prime locations, lifestyle-oriented design, and meticulous execution to create residences that endure as timeless landmarks.
Image Courtesy: Business Standard
