L&T Realty

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L&T Realty
IndustryReal Estate
Founded30 November 2007
Headquarters
L&T House, Ballard Estate, Mumbai
,
Key people
Shrikant Prabhakar Joshi
(CEO & MD)
Products
  • Residential buildings
  • Commercial complex
  • Township
  • Retail
Number of employees
500 (March 2014)
ParentLarsen & Toubro
Websitewww.lntrealty.com

L&T Realty Limited is a real estate development company and is part of the Larsen & Toubro Group,[1][2] an Indian multinational conglomerate in technology, engineering, construction, manufacturing and financial services. Headquartered in Mumbai, Maharashtra, L&T Realty has a strong presence across Mumbai, Bangalore and Chennai.[3] The Company undertakes various projects encompassing the construction of residential, corporate office, retail, leisure and entertainment spaces.[4] Besides independent projects, L&T Realty also undertakes co-development projects for various reputed builders. Currently, it has over 35 million sq. ft. of area under various stages of development.[5]

Projects[edit]

  • Crescent Bay is being developed by L&T Realty in collaboration with Omkar Realtors and Developers.[6][7] It is a gated residential complex in Parel, Mumbai.[8] The complex consists of six towers on an elevated podium aligned to form a crescent shape[9] overlooking the Arabian Sea.
  • Emerald Isle is an upcoming 16-acre gated complex in Powai, Mumbai.[10] It is located in close proximity to the Powai Lake and adjacent to the L&T Business Park.[8] Clubhouse & recreational facilities are planned within its premises.[11][12]
  • Raintree Boulevard is a township by L&T Realty located in Hebbal,[13] Bengaluru where it is developing residential apartments on about 65 acres of land with a strong emphasis on environmental management.[14] The project is located before GKVK university on the way to new airport.
  • Seawoods Grand Central is a 40-acre transit-oriented development (TOD) project in Navi Mumbai, built around the railway station of Seawoods-Darave. It has a mix of retail and commercial office spaces.[15]
  • In Hyderabad, L&T Group is developing Commercial, Retail and Office Spaces around the Metro Project.[16][17][18][19][20][21]
  • Eden Park project is based in Siruseri, Chennai. It is situated off the Old Mahabalipuram Road and right beside the SIPCOT IT Park. Phase I of the project is already delivered. The Phase II of Eden Park is right now under construction. In Siruseri, just behind SIPCOT IT Park, there is one of the Chennai's top institutions, Padma Seshadri Bala Bhavan Senior Secondary School (PSBB).[22] The school is located inside the gated community, L&T Eden Park.[23]
  • Commercial special economic zone (SEZ) project based on north Bengaluru obtained consent on March, 2017.[24]
  • Residential project in Nirmal Lifestyle, Mulund: L&T Realty entered into an agreement[25] with Nirmal Lifestyle Developers to jointly develop a nearly 20-acre land parcel on LBS Marg in Mumbai's north central suburb of Mulund.

See also[edit]

References[edit]

  1. ^ "Larsen & Toubro : The RoE troika" (PDF). Smartinvestor.business-standard.com. Retrieved 20 August 2016.
  2. ^ "Estate Power Feb 2015". google.co.in.
  3. ^ "L& Realty Limited Residential Projects and Apartments". commonfloor.com.
  4. ^ "AM Naik's realty gambit: Unlocking value of Powai campus can be big opportunity for L&". The Economic Times.
  5. ^ "L&T REALTY INDIA". WCRC Leaders Asia.
  6. ^ "A new landmark of excellence IN THE MAKING at Parel". Epaper.timesofindia.com. 5 April 2014. Retrieved 20 August 2016.
  7. ^ "Hitachi Receives 58 Elevators Order for Residential Project "Crescent Bay" in Mumbai, India". Thepropertytimes.in. 21 January 2012. Retrieved 20 August 2016.
  8. ^ a b "The Times Group". Epaperbeta.timesofindia.com. Retrieved 20 August 2016.
  9. ^ "The Times Group". Epaperbeta.timesofindia.com. Archived from the original on 27 January 2017. Retrieved 20 August 2016.
  10. ^ "The Times Group". Epaperbeta.timesofindia.com. Retrieved 20 August 2016.
  11. ^ "The Times Group". Epaperbeta.timesofindia.com. Retrieved 20 August 2016.
  12. ^ "The Times Group". Epaperbeta.timesofindia.com. Retrieved 20 August 2016.
  13. ^ "A green township - Realty bytes - Deccan Herald". M.deccanherald.com. 13 November 2015. Retrieved 20 August 2016.
  14. ^ "L&T Realty looks for partners in Bengaluru, Navi Mumbai projects". Livemint.com. Retrieved 20 August 2016.
  15. ^ "Blackstone in talks with L&T realty to buy 1 million sq ft retail space". The Economic Times.
  16. ^ V. Rishi Kumar (7 September 2015). "L&T Hyderabad Metro wins infrastructure award | Business Line". Thehindubusinessline.com. Retrieved 20 August 2016.
  17. ^ V Rishi Kumar (10 June 2015). "Hyderabad metro to boost transit-oriented development | Business Line". Thehindubusinessline.com. Retrieved 20 August 2016.
  18. ^ "L&T begins leasing commercial space along Hyderabad Metro". Livemint.com. 11 June 2015. Retrieved 20 August 2016.
  19. ^ "L&T to Develop Commercial Space Around Hyderabad Metro – NDTV Profit". Profit.ndtv.com. 10 June 2015. Retrieved 20 August 2016.
  20. ^ "L&T plans 8 malls on metro route". Timesofindia.indiatimes.com. 11 June 2015. Retrieved 20 August 2016.
  21. ^ "L&T to develop commercial space with Hyderabad Metro | Business Standard News". Business-standard.com. Retrieved 20 August 2016.
  22. ^ "Contact us-PSBB Schools". Psbbschools.ac.in. Retrieved 20 August 2016.
  23. ^ "The Times Group". Epaperbeta.timesofindia.com. Retrieved 20 August 2016.
  24. ^ "L&T Realty to develop commercial SEZ in Bengaluru". Livemint. Retrieved 18 March 2017.
  25. ^ "L&T Realty, Nirmal to jointly develop premium housing project". Livemint. Retrieved 2 August 2017.
  26. ^ Babar, Kailash (15 October 2015). "Blackstone in talks with L&T realty to buy 1 million sq ft retail space - The Economic Times". Economictimes.indiatimes.com. Retrieved 20 August 2016.
  27. ^ "Etomite 1.1 Prelude". Bahaihouseofworship.in. Retrieved 20 August 2016.