White Lotus Group, a Bengaluru-based real estate firm, will invest approximately Rs 700 crore to develop three new luxury residential projects in the city during the current 2025–26 financial year, as part of its growth strategy.
The company has already entered into partnerships with landowners for these upcoming projects.
“We are planning to launch three luxury housing projects this fiscal year comprising 20 lakh sq feet of saleable area,” said White Lotus Group founder and CEO Pavan Kumar in a statement to PTI.
Of the three developments, two will feature around 215 high-end villas, while the third, spread over 45 acres, will offer 330 villa plots for sale.
“The total investment to develop these three projects, excluding land costs, is estimated at around Rs 700 crore,” added Kumar, an alumnus of IIT. He noted that the funding will primarily come from internal accruals.
“Our vision of crafting life experiences is taking shape in a big way in North Bengaluru, where we are launching over Rs 2,000 crore worth of luxury real estate across villas and plotted estates,” Kumar said.
The White Lotus Group has completed five real estate projects to date, with one currently under construction. In the last financial year, the company reported property sales worth Rs 175 crore.
Kumar emphasized that the company follows an asset-light model, focusing on Joint Development Agreements (JDAs) with established landowners.
Market data shows strong momentum in Bengaluru’s housing sector. According to real estate analytics firm PropEquity, residential sales in the city rose by 10% in January–March 2025, reaching 18,508 units compared to 16,768 units in the same period the previous year.
A recent report by India Sotheby’s International Realty and CRE Matrix highlighted that luxury housing sales (priced at Rs 10 crore and above) in Bengaluru reached Rs 1,000 crore in 2024–25, up from Rs 627 crore the year before. In terms of units, 78 luxury homes were sold, compared to 51 in the previous year.