L&T Realty signs three cooperative agreements in Mumbai

19 Jul 2022 CW Team

A legally binding agreement has been reached by L&T Realty, the real estate division of Larsen & Toubro, to jointly construct projects worth Rs 8,000 crore in Thane, the western suburbs of Mumbai, and South Mumbai.

These initiatives will aid the business in growing by enhancing its portfolio, which has a total development potential of 4.4 million square feet.

The company has a larger strategy that includes increasing its footprint in key metro areas by about 5 million square feet each year for the next five years.

Out of these projects, the south Mumbai project will be built on a five-acre block of land with a clear harbour view and good access to all of Mumbai. Twin towers of 50 stories each will house premium facilities and retail space in this residential development.

Also read:
L&T Realty, Ascendas in talks to buy planned office assets
Coimbatore: CCMC invites bids to install smart water supply system

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..