Archive · 8 Jan 2026
Bachchan Family Partners with Sri Lotus for GIFT City Project
The Bachchan family has teamed up with a real estate company called Sri Lotus Developers to build a big project in GIFT City, Gujarat.
This project will have fancy homes, offices, shops, and even hotels.
Amitabh Bachchan bought the land a long time ago, and now his son Abhishek is helping with the deal.
The project is expected to take about four years to finish.
Amitabh Bachchan is also an investor in Sri Lotus, which has built homes for other famous Bollywood actors.
This project is special because it's Sri Lotus's first in Gujarat and will serve businesses like banks and tech companies.
The Bachchan family has partnered with Sri Lotus Developers for a mixed-use project in GIFT City, Gujarat.
The project will include high-end residential units, commercial offices, retail spaces, and hospitality components.
Amitabh Bachchan acquired the land nearly 15 years ago, and his son Abhishek is the counterparty in the agreement.
Sri Lotus Developers will manage the project through its subsidiary, Rise Root Projects, under a profit-sharing model.
The project is expected to take approximately four years to complete, subject to regulatory approvals and market conditions.
- Who
- Bachchan family and Sri Lotus Developers & Realty Ltd
- What
- Development of a mixed-use real estate project in GIFT City
- When
- Development agreement executed (exact date not specified, published on January 7, 2026)
- Where
- GIFT City, Gandhinagar, Gujarat, along the Sabarmati riverfront
- Why
- To advance the development of a land parcel acquired by Amitabh Bachchan nearly 15 years ago and to expand Sri Lotus's market presence
- Parties Involved
- Bachchan family and Sri Lotus Developers & Realty Ltd
- Project Location
- GIFT City, Gandhinagar, Gujarat
- Land Area
- 23,000 square metres
- Project Size
- Over 1 million square feet of built-up area
- Project Duration
- Approximately 4 years (subject to approvals)
- Key Investor
- Amitabh Bachchan (pre-IPO investor in Sri Lotus)
- Project Components
- High-end residential, Grade-A commercial, premium retail, hospitality, serviced apartments