L&T Realty Inks 3 Joint Development Deals in Mumbai

L&T Realty Inks 3 Joint Development Deals in Mumbai


2 year(s) ago

L&T Realty Announces Major Expansion Plans in Mumbai. L&T Realty, the real estate arm of Larsen & Toubro, has unveiled significant expansion plans to strengthen its presence in the Mumbai market. L&T Realty Inks 3 Joint Development Deals in South Mumbai, Andheri and Thane.

Key Details:

  • Joint Development Projects: Signed agreements for projects worth Rs. 8,000 crore across South Mumbai, Western Suburbs, and Thane.
  • Development Potential: 4.4 million sq ft of residential and commercial space.
  • Expansion Strategy: Aims to add around 5 million sq ft per year in major metros over the next five years.

Project Highlights:

  • South Mumbai: Luxurious twin towers with retail space on a 5-acre land parcel with harbor views.
  • Western Suburbs (Andheri): L&T Realty’s first project in this area – a modern gated residential complex with 20 towers and a shopping complex.
  • Thane: High-rise residential towers on a 6-acre plot with good social infrastructure and on-site amenities.

Company Goals:

  • Market Expansion: Increase brand presence and capture a larger market share in Mumbai.
  • Project Diversification: Offer a variety of residential and commercial projects across different areas.
  • Growth Strategy: Build upon L&T Realty’s existing portfolio of 70 million sq ft across India.

Overall Significance:

This expansion plan positions L&T Realty for substantial growth in the Mumbai market. By offering a diverse range of high-quality projects in prime locations, the company aims to attract a wider customer base and solidify its position as a leading real estate developer in India.


Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article or want to publish your news or article please email news@jvdeals.in

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