L&T Consolidates Its Realty Operations Under One Entity

09 Dec 2025 CW Team

Larsen & Toubro has approved the transfer of its Realty Business Undertaking to its wholly-owned subsidiary, L&T Realty Properties Ltd, through a slump-sale via a Scheme of Arrangement. This marks the first phase of a broader consolidation strategy aimed at placing all real estate assets under L&T Realty, creating a single, future-ready development arm capable of leveraging India’s expanding property market.

The unified structure is expected to enhance scale, agility and financial resilience as L&T Realty expands its project pipeline, strengthens land acquisition and accelerates joint development opportunities. Chairman & Managing Director S N Subrahmanyan said the restructuring will allow the business to grow independently, supported by periodic capital infusion and a sharper corporate identity.

Established in 2007, L&T’s real estate arm has delivered premium residential, commercial and mixed-use projects across major metros, including the landmark Seawoods Transit-Oriented Development. Regulatory changes such as RERA and GST, along with rising institutional investment, have strengthened the company’s positioning in the market.

L&T Realty now operates with a development potential of about 65 million sq ft across Mumbai, Navi Mumbai, Bengaluru, NCR, Chennai and Hyderabad. With its integrated approach combining design, engineering and premium brand ethos, the company aims to shape the next phase of India’s urban development.

Infrastructure Transport

09 Dec 2025

India Opens Longest Precast Cut-and-Cover Tunnel

India has inaugurated its longest precast cut-and-cover tunnel, a 920-metre structure located at an altitude of 12,300 ft (3,750 m) in a sensitive border region. The project was formally opened on 7 December 2025 by Defence Minister Rajnath Singh. The tunnel is designed to improve troop movement, strengthen supply lines and bolster operational readiness in challenging high-altitude terrain. The company has expressed gratitude to the Ministry of Defence and the Border Roads Organisation for their support and guidance, noting that it is honoured to contribute to a project of such strategic sign..

Thermax Marks 30 Years of Listing on NSE

Thermax has celebrated 30 years of its listing on the National Stock Exchange with a ceremonial bell-ringing event held in Mumbai. The occasion brought together NSE MD & CEO Ashishkumar Chauhan, Thermax Chairperson Meher Pudumjee, Managing Director and CEO Ashish Bhandari, board members, senior leaders and key stakeholders who have supported the company’s journey. Listed on 30 August 1995, Thermax has evolved from a packaged boiler and heating equipment manufacturer into a global provider of energy transition and sustainability solutions. Established in 1966 as Wanson India by the late A S ..

Torrent Power Signs 10-Year LNG Supply Deal with JERA

Torrent Power has entered into a long-term Sale and Purchase Agreement with JERA Co., Inc., Japan’s largest power producer and a major global player in the LNG value chain, for the supply of up to 0.27 MMTPA of LNG over a 10-year period beginning in 2027. The company plans to use this LNG to operate its 2,730 MW combined-cycle gas-based power plants, support rising national power demand, manage peak loads and balance renewable generation. The agreement will also cater to the growing LNG needs of Torrent Gas Ltd, the group’s city gas distribution business, ensuring reliable supply for resi..