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White Lotus Group Eyes Rs 1200 Cr Revenue in FY24, Plans 1 Million Sq ft Bespoke Luxury Villa Projects in North Bangalore
Bengaluru, March 14, 2024: White Lotus Group, on Thursday announced plans for its latest villa projects in North Bangalore Area. Led by IIT alumnus Pavan Kumar, the company estimates to generate a revenue of Rs 1200 crore from the project.
“Our vision has always been to craft homes that are more than just physical structures,” said Pavan Kumar, Founder and CEO of White Lotus Group. “With our new projects, we aim to continue elevating bespoke luxury living by ‘crafting personal sanctuaries rooted in Harmony’ that cater to the unique tastes of our elite clientele, including founders of successful start-ups and top executives who have experienced the finest living standards across the world.”
White Lotus Group recently secured a funding round of Rs 150 crore from Dubai-based Luxe Port Group of Companies. This capital injection will fuel the company’s growth plans, strengthen its brand presence in Bangalore, and facilitate expansion into other major cities like Hyderabad, Pune, and Chennai. The funds raised will also be invested in technological innovation, sustainability initiatives, and strengthening the company’s leadership team.
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