Lotus Greens

What Lotus Greens does

Lotus Greens Construction Pvt Ltd is a privately held real estate developer headquartered in Noida, Uttar Pradesh, with additional operations in Gurgaon, India. Founded in 2013, the company is best known as the original allottee of the Sports City development in Noida's Sector 150, a large-scale mixed-use project originally valued at over Rs 2,300 crore that combines residential, commercial, and sports infrastructure across nearly 20 million square feet and over 12,000 units. The company generates revenue through one-time sales of residential and commercial property to mid-market homebuyers and commercial buyers, operating via direct on-site sales channels and a network of joint development partners including Sam India, County Group, Gaurs Group, and Bhutani Group.

The company's core product is the integrated Sports City township concept, in which residential and commercial components are co-located with dedicated sports facilities — a model originally allotted by the Noida Authority in 2014. Following a Comptroller and Auditor General audit in 2021 that flagged irregularities, a blanket construction ban was imposed across all Sports City projects, halting deliveries for nearly three years. In November 2025, the Supreme Court approved a revival framework requiring Lotus Greens to complete sports facilities within three years and remaining components within five years, conditional on structured repayment of Rs 4,177 crore in dues to Noida Authority. Construction restart was cleared in March 2026, with the company entering joint development agreements to resume delivery across its 20 million sq ft footprint.

The firm operates with 501–1,000 employees and serves middle-income and upper-middle-income residential homebuyers along with commercial buyers and retail investors in the Delhi-NCR region. Ownership is concentrated with private stakeholders; founder Nirmal Singh is identified as the founder and owner. The company has no identified institutional investors beyond a 2014 Brand Capital relationship and no public listing. Beyond the Sports City revival, the company maintains an additional general office presence in Gurgaon, though the input data does not detail separate Gurgaon-based project pipelines.

Name

Lotus Greens

Legal name

Lotus Greens Construction Pvt Ltd

Website

https://lotusgreens.in

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Lotus Greens Construction Pvt Ltd is a Noida-based real estate developer operating the Sports City mixed-use project in Sector 150, delivering integrated residential, commercial, and sports infrastructure to mid-market homebuyers and commercial buyers across the Delhi-NCR region.

Ownership category

akta.pro rank

Headquarters

HQ city

Noida

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Supply Chain

Revenue model

1. Real Estate Development Sales: Revenue generated from development and sale of residential and commercial properties through joint development agreements and direct development projects. The company develops large-scale mixed-use projects including Sports City developments, selling units to homebuyers and commercial buyers.

Distribution channels1 record

Marketing channels1 record

Core offering

Lotus Greens develops and sells large-scale mixed-use real estate projects, primarily the Sports City development in Noida's Sector 150. The offering includes residential units, commercial spaces, and integrated sports and recreational facilities spanning nearly 20 million sq ft. The company leverages joint development agreements with co-developers including Sam India, County Group, Gaurs Group, and Bhutani Group to execute projects under a Supreme Court-approved revival framework.

Product overview

Lotus Greens is a real estate developer operating in Noida and Gurgaon, India. The company's primary offering is the Sports City project in Noida's Sector 150, a large-scale mixed-use development comprising residential and commercial real estate spanning nearly 20 million sq ft. The company operates as an allottee/developer with joint development agreements with other builders including Sam India, County Group, Gaurs Group, and Bhutani Group. The company has faced regulatory challenges including a Supreme Court-ordered revival framework and construction freezes following CAG audit irregularities flagged in 2021.

Differentiator

Problem solved

Functional benefit

Products and services

• Sports City SC-02 A major mixed-use real estate development project in Noida's Sector 150 spanning residential and commercial components, originally allotted in 2014 with an estimated project value of over Rs 2,300 crore. Targeted at homebuyers and commercial buyers seeking integrated sports-city township amenities.
• Lotus Greens Sports City Project Original project designation for the Sector 150 development area covering approximately 24 plots under the Supreme Court revival framework, with Rs 4,177 crore in outstanding dues to the Noida Authority. Encompasses residential, commercial, and integrated sports facilities within a master-planned township.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• Sam IndiacoreStrategic or Co-development Partner · 1 January 2026Entered joint development agreement with Lotus Greens to develop stalled Sports City projects. Sam India is collaborating as an original allottee to resume construction on residential and commercial units in Noida's Sector 150 Sports City development.
• County GroupcoreStrategic or Co-development Partner · 1 January 2026Entered joint development agreement with Lotus Greens to develop Sports City projects. County Group is one of several developers brought in to complete stalled projects through joint development arrangements.
• Gaurs GroupcoreStrategic or Co-development Partner · 1 January 2026Entered joint development agreement with Lotus Greens to develop Sports City projects. Gaurs Group is collaborating as a development partner to resume construction at the stalled Noida Sports City development.
• Bhutani GroupcoreStrategic or Co-development Partner · 1 January 2026Entered joint development agreement with Lotus Greens to develop Sports City projects. Bhutani Group joined as a co-developer to complete portions of the stalled Sports City project in Noida.

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• DLF Limited: India's largest listed real estate developer with deep Delhi-NCR presence, including large-scale integrated townships and mixed-use developments in Gurgaon. Comparable in scale, geography, and integrated master-planned community focus.
• Godrej Properties: Large listed Indian real estate developer active across major markets including Delhi-NCR, with a mixed-use and township portfolio comparable to Lotus Greens' integrated Sports City approach. Comparable on residential + commercial product mix and RERA-era institutional developer positioning.

Direct peers

• Supertech Limited: Noida-headquartered developer of large residential townships and high-rises with a history of regulatory scrutiny and project-stagnation episodes. Directly comparable on product, geography, and risk profile around regulatory and delivery challenges.
• Sam India (JDA partner): Delhi-NCR focused construction and development firm that entered a JDA with Lotus Greens for Sports City. Comparable as a co-developer on the same project and as a regional mid-scale residential player in Noida.
• Gaurs Group: Large Delhi-NCR developer (Noida, Greater Noida, Ghaziabad) and a Lotus Greens JDA partner for Sports City. Comparable on residential + commercial mixed-use product, scale, and Noida buyer segment.
• Bhutani Group: Noida-based commercial and mixed-use developer and a Lotus Greens JDA partner on Sports City. Comparable on commercial real estate focus and Noida Sector geography.
• Amrapali Group: Noida-based residential developer whose projects were taken over by the Supreme Court following delivery failures and forensic audit findings — a directly comparable regulatory and stalled-project trajectory to Lotus Greens' Sports City experience.
• County Group (Lotus Greens JDA partner): A Noida- and Gurgaon-focused real estate developer and one of Lotus Greens' four JDAs on the Sports City revival. Directly comparable on geography, mid-premium residential product, and joint-development execution model.
• ATS Group: Noida-anchored developer with a strong track record in large-scale residential and integrated township projects in the Delhi-NCR region. Directly comparable as a Noida-rooted developer competing for the same mid-premium buyer segment.
• Unitech Limited: Historic Noida-Gurgaon developer with a long-running insolvency and stalled-project history. Comparable as a cautionary parallel on Delhi-NCR developers facing severe delivery, regulatory, and capital-structure challenges.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/3693858

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lotus Greens