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.

Next Story
Infrastructure Transport

Indian Railways Races Ahead with Vande Bharat Trains and Kavach Tech

Indian Railways is set to revolutionize its network under PM Gati Shakti and Atmanirbhar Bharat with initiatives like manufacturing 400 next-generation Vande Bharat trains and deploying Kavach, a world-class indigenous safety system. The Ministry of Finance emphasized this commitment in a recent update on X, stating, ""Indian Railways is selecting technology partners to indigenously manufacture energy-efficient Vande Bharat trains. #BudgetForViksitBharat.""With 68 Vande Bharat Express trains already operational across 15 zones, Indian Railways aims to expand its fleet over the next three years..

Next Story
Infrastructure Urban

Tourism Development in Manali Gets Rs 1.5 billion Boost

Chief Minister Sukhvinder Singh Sukhu unveiled a tourism development project worth Rs 1.5 billion, funded by the Asian Development Bank (ADB), to upgrade tourism infrastructure in Manali. The announcement was made during the inauguration of the Sharad-Utsav Winter Carnival at Manu Rangshala.Sukhu also revealed plans for a Rs 150 milllion bridge connecting Rangdi to the left bank to reduce traffic congestion at Manali’s entrance. Additional initiatives include developing hot water bath facilities, a nature park, and amenities at Kalath, alongside enhancing the region's natural hot springs.The..

Next Story
Infrastructure Urban

OYO to Expand Footprint with 500 Hotels in Religious Hubs

OYO, the global hospitality tech leader, announced plans to launch 500 hotels in major Indian pilgrimage destinations, aligning with the government’s push to enhance spiritual tourism. The expansion covers popular hubs such as Ayodhya, Varanasi, Prayagraj, Haridwar, Puri, and more, ensuring quality stays for millions of devotees.Ayodhya will see the highest focus, with over 150 new hotels to meet rising demand following the Ram Temple inauguration last year. Ayodhya also became the most-searched spiritual destination on the OYO app, recording a 39 per cent growth in searches for New Year hol..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000