Green Lotus Group

What Green Lotus Group does

Green Lotus Group is a privately held real estate developer based in Zirakpur, Punjab, India, operating primarily in the Tricity region (Chandigarh, Mohali, Panchkula). Founded in 2016, the company focuses on eco-luxury residential development, with a portfolio of three flagship projects — Green Lotus Avenue (the Tricity's first IGBC-certified green residential address), Green Lotus Saksham (IGBC Gold certified, ready-to-move), and Green Lotus Utsav (IGBC Platinum pre-certified, premium 3–6 BHK). The company's product suite spans 1 BHK to 6 BHK apartments, duplexes, penthouses, and SCOs, built using MIVAN construction technology and incorporating sustainability features including high-thermal mass insulation, Low-E glass, solar power integration, rainwater harvesting systems, sewage treatment plants, EV charging infrastructure, organic waste management, and low-VOC materials. Smart home features (digital locks, video door phones, smart meters, motorised curtains) are layered into units.

The business model is one-time residential property sales directly to end-user buyers, with pricing provided via inquiry-based quotes rather than public disclosure. Green Lotus generates revenue through field sales (site visits, sales offices, exhibitions) and inside sales (website inquiry forms, WhatsApp, email), supported by a digital marketing presence across Instagram, Facebook, YouTube, and a content blog. Customer segments include affluent multi-generational Indian families, NRI investors, and end-user homebuyers in the 1–6 BHK range. The company has reported 1,615+ happy customers, 35+ towers, 10+ years of legacy, and 5+ projects delivered, and is led by Managing Director Mr. Amit Mittal with a small disclosed leadership team covering sales, marketing, project management, HR, and home loan/collections functions. Notable outcomes cited include 20–30% energy savings, 40% water savings, 18–22% three-year capital appreciation, and ₹6,000 monthly utility savings for residents.

Name

Green Lotus Group

Legal name

Green Lotus Group

Website

https://greenlotusgroup.co

Company type

Private

Founded year

2016

Operating status

Operating

Short description

Green Lotus Group is a privately held eco-luxury residential real estate developer in Zirakpur, Punjab, building and selling IGBC-certified 1–6 BHK apartments, duplexes, penthouses, and SCOs across three projects using MIVAN construction and green building technologies, serving affluent Indian families and NRI buyers in the Tricity region.

Ownership category

akta.pro rank

Headquarters

HQ city

Mohali

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Property Sales: Primary revenue stream from selling residential apartments, duplexes, penthouses, and villa plots across multiple projects in Zirakpur. Revenue is generated through one-time property sales with no recurring revenue model mentioned. Properties range from 1 BHK to 6 BHK configurations with varying price points based on size and project tier.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

Core offering

Green Lotus Group develops and sells IGBC-certified eco-luxury residential real estate in Zirakpur, Punjab. Its portfolio consists of three flagship projects — Green Lotus Avenue, Green Lotus Saksham, and Green Lotus Utsav — offering 1 BHK to 6 BHK apartments, duplexes, penthouses, and SCOs built with MIVAN construction technology and integrated sustainability systems including solar power, rainwater harvesting, sewage treatment, EV charging, and smart home automation. The company sells these homes directly to end-buyers through its own sales offices, site visits, exhibitions, website inquiry forms, and WhatsApp.

Product overview

Green Lotus Group is an eco-luxury real estate developer offering a portfolio of three residential projects in Zirakpur, Punjab. The company's product suite consists of three distinct IGBC-certified residential developments: Green Lotus Avenue (Tricity's first IGBC-certified green residential project), Green Lotus Saksham (IGBC Gold certified ready-to-move homes), and Green Lotus Utsav (IGBC Platinum pre-certified ultra-premium project). The projects collectively offer 1 BHK to 6 BHK apartments, duplexes, penthouses, and SCOs, all built with sustainable construction practices including MIVAN technology, solar power integration, rainwater harvesting, and energy-efficient systems. The portfolio spans different market segments from affordable luxury to ultra-premium, unified by the brand's commitment to eco-conscious design and green living.

Differentiator

Problem solved

Functional benefit

Brands

• Green Lotus Utsav: Premium residential project featuring duplexes, apartments, and penthouses ranging from 3 to 6 BHK. IGBC Platinum certified eco-luxury development on PR-7 Airport Road, Zirakpur.
• Green Lotus Saksham
• Green Lotus Avenue

Products and services

• Green Lotus Utsav Premium residential project offering duplexes, apartments, and penthouses in configurations ranging from 3 to 6 BHK. IGBC Platinum pre-certified development built with MIVAN construction technology, located on PR-7 Airport Road, Zirakpur, targeted at affluent families and NRI investors seeking an ultra-premium eco-luxury address.
• Green Lotus Saksham Ready-to-move eco-friendly residential project offering 1, 2, 3, 3+1, 4 and 5 BHK apartments, penthouses, and SCOs. IGBC Gold certified, located on Patiala Road, Zirakpur, balancing luxury with sustainable living for end-user families and investors.
• Green Lotus Avenue Foundational eco-luxury residential project offering 1, 2, 3, 3+1, 4 and 5 BHK apartments, penthouses, and SCOs. Tricity's first IGBC-certified green residential address, located on PR-7 Airport Road, Zirakpur, establishing the company's pioneering sustainable development track record.

Quantifiable outcome

• 20-30% reduction in energy consumption through IGBC Platinum certification and passive cooling design
• +6 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature11 records

Partnerships

One partnership is on record.

• IGBC (Indian Green Building Council)coreOthersThird-party certification body providing independent verification of green building standards. IGBC certification is a core strategic element for Green Lotus, with Platinum and Gold ratings across projects. This certification validates the company's sustainability claims and provides third-party audited credentials for energy efficiency, water conservation, and indoor environmental quality.

Scale indicators10 records

Recent moves6 records

Expansion highlights4 records

Regional players

• Kolte-Patil Developers: Pune-based mid-sized real estate developer with a regional focus. Similar to Green Lotus as a mid-sized developer with regional concentration, but operates primarily in Maharashtra with a different product mix and price point.

Broad incumbents

• Oberoi Realty: Mumbai-focused luxury real estate developer with a strong premium positioning. Comparable to Green Lotus in its premium-luxury residential focus and quality emphasis, but with a much higher price point, larger projects, and concentration in the Mumbai metropolitan market.
• Godrej Properties: One of India's largest listed real estate developers with a national presence across residential segments. Comparable to Green Lotus in brand reputation and focus on construction quality, but with significantly more scale, multiple city operations, and broader product range.
• Tata Housing: A large Indian residential real estate developer with a strong sustainability mandate and green building focus. Comparable to Green Lotus in its commitment to eco-friendly construction and IGBC/LEED-equivalent certifications, but operates at a national scale with significantly more resources, a broader product portfolio, and parent-group financial backing.
• Mahindra Lifespaces: Sustainability-focused Indian real estate developer, part of the Mahindra Group. Similar to Green Lotus in prioritizing green building certifications and ESG principles, but operates across multiple cities with a much larger project pipeline, brand recognition, and institutional backing.
• Brigade Enterprises: South India-focused mid-large real estate developer with residential and commercial projects. Similar to Green Lotus in targeting middle and upper-middle class residential buyers with quality construction, but with a much larger geographic footprint and more diverse product mix.
• Lodha Group (Macrotech Developers): One of India's largest residential real estate developers, listed as Macrotech Developers. Similar to Green Lotus in targeting premium residential buyers, but with a national footprint, much larger project pipeline, and significantly higher revenue scale.
• DLF Limited: India's largest real estate developer with a national presence across residential, commercial, and retail segments. Operates at a significantly larger scale than Green Lotus, but comparable in targeting premium residential buyers across multiple cities and product types.
• Prestige Group: Large Indian real estate developer with a focus on premium residential projects. Comparable to Green Lotus in its premium positioning and quality emphasis, but operates at a national scale with a much broader product portfolio including commercial, hospitality, and retail assets.
• Sobha Limited: Large Indian real estate developer known for quality construction and backward integration. Comparable to Green Lotus in its emphasis on construction quality and in-house execution capabilities, but operates at a national scale with a much larger customer base and listed-company transparency.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@greenlotuszirakpur
• Facebookfacebook.com/GreenLotusZirakpur
• Instagraminstagram.com/greenlotus_group?igsh=dGxqMHNraGpkYTJu
• LinkedInlinkedin.com/company/green-lotus-zirakpur

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

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 Green Lotus Group