Mumbai, Sept. 8 -- The proposed project envisages the development of premium residential spaces featuring world-class design, unmatched amenities, and an address that embodies exclusivity and sophistication.

"This development is expected to further strengthen the company's presence in the luxury real estate segment enhance long-term stakeholder value," Sri Lotus Developers said in a statement.

Sri Lotus Developers & Realty is a Mumbai-based real estate developer focused on ultra-luxury and luxury residential and commercial projects in the western suburbs of the Mumbai Metropolitan Region (MMR).

The company reported 77% jump in net profit to Rs 46 crore on a 116% increase in total revenue to Rs 132 crore in Q1 FY27 as compared with Q1 F...