India, Aug. 4 -- Sri Lotus Developers & Realty Limited has been appointed, through its subsidiary, as the developer for a large-scale commercial-cum-retail redevelopment project in Juhu, Mumbai, with an estimated Gross Development Value (GDV) of Rs 1,600 crore.
The project involves the redevelopment of one of Juhu's prominent commercial shopping complexes into a premium commercial and retail destination. The proposed development will have an estimated carpet area of around 3.46 lakh sq. ft. and is expected to commence in Q3 FY28, with completion targeted within 3–4 years from the start of construction.
The appointment further strengthens Sri Lotus Developers' redevelopment portfolio and enhances its presence in Mumbai's premium comm...