Trusted place to find a home

Building Credibility On The Lineage Of 32 Years Trust.

The year 1992. The seed of trust was sown in the world of finance by Mr. Suresh Chand Kothari. In its 25 eventful years, the seed has spread its roots of credibility and success in automotive and property finance. And today, it stands imposingly as Lucky Mercantile Limited, the symbol of trust and credibility. Inspired by its success in the finance world and to cash on the growing opportunities in the world of property development, Lucky Mercantile Limited ventured into the world of property development by starting LML Homes in the year 2005.

Today, in just a span of just 20 years, LML Homes, headed by Mr. Mahesh Kothari, the Managing Director and the son of Chairman Mr.Suresh Chand Kothari, has emerged as one of the most trusted property development companies in Chennai pursuing excellence in construction by building a quality home at an affordable price. Truly, the lineage of trust continues in the world of LML. We are devoted to transforming local landscapes with global lifestyles: making living experiences refreshing and authentic while creating a positive impact on the society we live in. LML Homes, one of the best real estate companies in Chennai, balances simplicity and opulence across all its spaces by creating an environment that appeals to the senses, imagination and lifestyle of our customers across diverse segments.

We are one of the leading residential real estate development companies in South India, primarily focused on the mid-market and affordable housing categories. We are among the five largest residential real estate companies in South India, including specifically in Bengaluru and Chennai, in terms of number of aggregate units launched in the calendar years 2012 to 2017 and the six months ended June 30, 2018. We are also present in the mid-market premium and luxury housing categories, commercial and office space category as well as plotted development category.

We are part of the Shriram Group, which is a prominent business group with four decades of operating history in India and a well-recognized brand in the retail financial services sector and several other industries. We believe that our relationship with the Shriram Group provides us with strong brand recall and that we benefit, and will continue to benefit, from the trust and confidence that homebuyers, lenders, financial investors, landowners, development partners, contractors and other stakeholders place in the Shriram brand and its operational history.

We commenced operations in Bengaluru in the year 2000 and, have expanded our presence to other cities in South India, i.e., Chennai, Coimbatore and Visakhapatnam. In addition, we also have presence in Kolkata in East India, where we are developing a large mixed-use project. Bengaluru and Chennai are two key markets for us. These cities are two large residential housing markets in India, contributing to approximately 31.24% of the launches and 34.22% of the sold inventory in India’s seven cities (Bengaluru, Mumbai, Delhi, Chennai, Pune, Hyderabad and Kolkata), across calendar years 2016 to 2017 and the six months ended June 30, 2018.

As of November 30, 2018, we have 25 completed projects, representing 12.86 million square feet of Saleable Area, out of which our 20 completed projects in the cities of Bengaluru and Chennai accounted for 87.69% of our Saleable Area. Further, 81.88% of our total Saleable Area for completed projects were in the mid-market category and affordable housing category (with midmarket and affordable categories accounting for 48.02% and 33.86% respectively), and the remainder in the commercial and office space and luxury housing categories, as of November 30, 2018.

SHRIRAM PROPERTIES- A SEAL OF TRUST!

PART OF THE FINANCIAL CONGLOMERATE SHRIRAM GROUP
22000+ HAPPY FAMILIES
ECONOMIC TIMES BUSINESS EXCELLENCE AWARD 2020 WINNER: DEVELOPER OF THE YEAR (RESIDENTIAL)
PRIVATE EQUITY INVESTMENT BY GLOBAL PLAYERS MITSUBISHI, TPG KOTAK, WALTON STREET CAPITAL STARWOOD CAPITAL AND TATA CAPITAL

Milestone & Awards:

Real Estate Awards 2021 by Global Real Estate Congress:
Most Trusted Real Estate Brand
Mid-Segment Project of the Year – Codename Yuva
Customer Service Excellence Award

By ET Business Excellence 2020, Times of India Group (TOI)
Developer of the Year Residential

12th Reality + Conclave & Excellence Awards, South -2020
CXO of the Year
Integrated Township Project of the Year

Smart City Empowering India Award – 2020
Best Efficient & Sustainable – Smart Real Estate Project

Since 2019, Modern Spaaces has been crafting homes that go beyond architecture—designed to reflect your lifestyle and aspirations. From villas and apartments to plotted developments, every space is built with a commitment to quality, innovation, and technology. With over 1 million sq. ft. already delivered and 2 million sq. ft. under development, we’re on track to deliver more than 10 million sq. ft.—all built to the highest standards of design, quality, and comfort.