Sri Lotus Developers launches Juhu and Versova projects with Rs 130 crore bookings, to launch Bandra project in Q3 FY26

Sri Lotus Developers & Realty Limited has announced the launch of two luxury residential projects — The Arcadian in Juhu and Amalfi in Versova — recording strong initial bookings worth ₹130 crore within the first week of launch.

The Arcadian project in Juhu achieved bookings of ₹92 crore, while Amalfi in Versova registered ₹38 crore. The Arcadian has an estimated gross development value (GDV) of ₹700 crore, and Amalfi is expected to generate ₹300 crore. Both projects are witnessing strong demand, driven by prime locations, a distinctive architectural theme, and the company’s track record of timely delivery.

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In addition, the company confirmed that it will launch Project Varun in Bandra in Q3 FY26. The ultra-luxury development is positioned in one of Mumbai’s most sought-after addresses and is expected to further strengthen the company’s premium segment presence.

Chairman and Managing Director Anand K Pandit highlighted that the projects align with the company’s growth outlook, which targets pre-sales of ₹1,100–1,300 crore, revenue growth of 75–85% year-on-year, and PAT growth of 30–35% year-on-year for FY26.