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Friday, January 09, 2026 , BSE Sensex : 83,767.98 83,767.98(-0.49%) , Adani Ports : 1,438.90 1,438.90(-1.76%) , Asian Paints : 2,819.55 2,819.55(1.18%) , Axis Bank : 1,274.05 1,274.05(-0.99%) , Bajaj Finance : 966.25 966.25(-0.57%) , Bajaj Finserv : 1,987.95 1,987.95(-1.04%) , Bharat Electron : 419.75 419.75(0.99%) , Bharti Airtel : 2,053.45 2,053.45(-0.62%) , Eternal : 288.60 288.60(1.80%) , HCL Technologies : 1,669.80 1,669.80(1.31%) , HDFC Bank : 940.30 940.30(-0.67%) , Hind. Unilever : 2,369.40 2,369.40(-0.72%) , ICICI Bank : 1,403.90 1,403.90(-2.19%) , Infosys : 1,619.45 1,619.45(0.39%) , Interglobe Aviat : 4,857.25 4,857.25(-0.96%) , ITC : 338.00 338.00(-0.85%) , Kotak Mah. Bank : 2,121.65 2,121.65(-0.53%) , Larsen & Toubro : 4,023.10 4,023.10(-0.12%) , M & M : 3,704.35 3,704.35(-0.53%) , Maruti Suzuki : 16,455.00 16,455.00(-1.25%) , NTPC : 340.45 340.45(-1.06%) , Power Grid Corpn : 260.15 260.15(0.25%) , Reliance Industr : 1,468.50 1,468.50(-0.12%) , SBI : 1,003.80 1,003.80(0.60%) , Sun Pharma.Inds. : 1,744.75 1,744.75(-0.95%) , Tata Steel : 180.10 180.10(-0.06%) , TCS : 3,212.00 3,212.00(0.24%) , Tech Mahindra : 1,587.90 1,587.90(0.66%) , Titan Company : 4,219.25 4,219.25(-0.66%) , Trent : 3,970.10 3,970.10(-0.47%) , UltraTech Cem. : 11,911.00 11,911.00(-1.23%) ,

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07-Jan-2026     15:15
Sri Lotus Developers forays into GIFT City Area, Gandhinagar
Sri Lotus Developers & Realty has announced its expansion into the GIFT City Area, Gandhinagar through a development agreement (DA) with Abhishek Bachchan. The project will have a built up area of over ~1 million sq. ft.

The Company has made a strategic entry into the GIFT City Area, Gandhinagar with an ultra-luxury, mixed-use development on freehold land, marking Lotus' first project in Gujarat and a key milestone in its growth journey beyond its core Mumbai market. The project will be undertaken through subsidiary of the Company 'Rise Root Projects' which entered into a Development Agreement with Shri Abhishek Bachchan having profit sharing arrangement, enabling the Company to leverage its core strengths in design, planning, development, and execution. This asset-light approach is expected to enhance capital efficiency while allowing Lotus to scale its presence in a high-potential, emerging real estate market.

The proposed development will comprise a thoughtfully planned mix of premium retail, Grade-A commercial office spaces and high-end residential units etc. The project is designed to address the growing demand from financial institutions, fintech firms and IT / ITeS companies. Supported by the Company's strong execution capabilities and proven track record of timely delivery, the project is expected to be completed over a period of 4 years post launch of the project.

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