Overview
- The agreement marks Abhishek Bachchan’s first direct entry into real-estate development.
- Sri Lotus Developers will execute the venture via its subsidiary Rise Root Projects Pvt. Ltd.
- The development pact was officially registered by ABCL managing director Rajesh Yadav.
- Plans include premium residences, Grade-A offices and retail exceeding one million square feet to serve finance, fintech and IT/ITeS demand in GIFT City.
- Developers outline a roughly four-year completion timeline on land originally purchased by Amitabh Bachchan about 15 years ago.