White Lotus Group Raises ₹150 Crore in Funding to Expand Luxury Real Estate Portfolio
Real estate company White Lotus Group has successfully raised an investment of ₹150 crore in a funding round led by the Dubai-based Luxe Port Group of Companies. This significant capital injection will be used to fuel the organization’s growth and further develop its luxury real estate offerings.
Building a 2.5 Million Sq Ft Pipeline of Luxury Projects
The funding will primarily be utilized to build a 2.5 million sq ft pipeline of luxury projects, strengthen the brand’s presence in Bengaluru, and expand into similar geographies in Hyderabad, Pune, Chennai, and other major cities, according to the company.
White Lotus Group, which operates in the luxury segment, has already developed projects in Bengaluru, with unit prices starting at ₹5 crore and above.
Creating Unparalleled Living Experiences
Pavan Kumar, Founder and CEO of White Lotus Group, believes that this funding serves as a catalyst in their journey, empowering the company to replicate and scale its success in the bespoke luxury segment. “By doing so, we are on the path to creating unparalleled living experiences and fulfilling the discerning desires of our esteemed clientele,” said Kumar.
Strategic Partnership with Luxe Port Group
Padma Kumar, MD and Chairman of Luxe Port Group, expressed that they were looking to diversify into other luxury lifestyle segments globally. “White Lotus Group emerged as a natural long-term strategic partner in luxury real estate. We are excited to join hands with the team,” said Kumar.
With this strategic partnership and funding, White Lotus Group is poised to make a significant impact on the luxury real estate market in India and provide clients with exclusive and luxurious living experiences.
Source: The Hindu Business Line
Orginal article: Link To Article – provided by Kansas City Realtors
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