Archive · 28 Nov 2025
Lancor Holdings Aims for ₹2,300 Crore Revenue from Sriperumbudur Township
Lancor Holdings is building a big new township in Sriperumbudur.
They think it will make them a lot of money, around ₹2,300 crore.
The township will have houses and plots for people to buy.
Some houses are already being lived in, and more are being built.
The company also started a special place for older people to live, called Harmonia Pavilion.
They want to make even more money in the next few years by building more projects.
Right now, their stock price went down a little bit.
Lancor Holdings expects ₹2,100-2,300 crore revenue from its 90-acre township in Sriperumbudur.
The project, Lancor Town & Country, will have around 2,000 units upon completion in 6-7 years.
Harmonia Pavilion Senior Living Apartments, part of the township, offers luxury villas and plots.
Current fiscal revenue is projected at ₹186 crore, with a target of ₹333 crore by 2027.
The company's share price on NSE closed at ₹25.06, down by ₹1.31.
- Who
- Lancor Holdings, a Chennai-based real estate developer
- What
- Launch of an integrated township project in Sriperumbudur
- When
- Project completion expected in 6-7 years; Harmonia Pavilion Senior Living Apartments to be completed in a year
- Where
- Sriperumbudur, near Chennai
- Why
- To generate revenue and meet the growing demand for senior living and premium urban homes
- Project Name
- Lancor Town & Country
- Project Area
- 90 acres
- Expected Units
- 2,000
- Revenue Target
- ₹2,100-2,300 crore
- Current Fiscal Revenue
- ₹186 crore
- Projected Revenue by 2027
- ₹333 crore
- Share Price (NSE)
- ₹25.06 (down ₹1.31)
