L&T Realty develop projects worth Rs 80 bn in Mumbai
Real Estate

L&T Realty develop projects worth Rs 80 bn in Mumbai

A binding agreement has been reached by L&T Realty, the real estate division of Larsen & Toubro, to jointly construct projects in Thane, South Mumbai, and the Western Suburbs for a total of Rs 80 billion, with a development potential of 4.4 million sq ft.

This is a part of the company's bigger strategy to increase its square footage in key metro areas by roughly 5 million sq ft annually over the following five years.

Five acres of land will be used to create the residential complex in South Mumbai, which would include twin towers with 50 stories each. The residential development in Andheri's Western Suburb would have 20 storeys and a shopping centre.

Six acres of land will be used to create the Thane project. L&T Realty is currently present in Mumbai, Navi Mumbai, Bengaluru, Chennai, and to a lesser extent in NCR and Hyderabad. Its portfolio spans 70 million sq ft across residential, commercial, and retail complexes.

A binding agreement has been reached by L&T Realty, the real estate division of Larsen & Toubro, to jointly construct projects in Thane, South Mumbai, and the Western Suburbs for a total of Rs 80 billion, with a development potential of 4.4 million sq ft. This is a part of the company's bigger strategy to increase its square footage in key metro areas by roughly 5 million sq ft annually over the following five years. Five acres of land will be used to create the residential complex in South Mumbai, which would include twin towers with 50 stories each. The residential development in Andheri's Western Suburb would have 20 storeys and a shopping centre. Six acres of land will be used to create the Thane project. L&T Realty is currently present in Mumbai, Navi Mumbai, Bengaluru, Chennai, and to a lesser extent in NCR and Hyderabad. Its portfolio spans 70 million sq ft across residential, commercial, and retail complexes.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code