L&T Realty

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L&T Realty
Industry Real Estate
Headquarters L&T Realty Limited, L&T Business Park, Tower A, Gate No. 5,Saki Vihar Road, Mumbai 400072, India
Key people
Shrikant Joshi (CEO & MD)
Products
  • Residential buildings
  • Commercial complex
  • Township
  • Retail
Number of employees
500 (March 2014)
Parent Larsen and Toubro Limited
Website www.lntrealty.com

L&T Realty is a real estate development company and is part of the Larsen & Toubro Group,[1][2][3] an Indian multinational conglomerate in technology, engineering, construction, manufacturing and financial services. Headquartered in Mumbai,[4] Maharashtra, L&T Realty has a strong presence across Mumbai, Bangalore and Chennai.[5] The Company undertakes various projects encompassing the construction of residential, corporate office, retail, leisure and entertainment spaces.[6] 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.[7]

Projects[edit]

  • Crescent Bay is being developed by L&T Realty in collaboration with Omkar Realtors and Developers.[8][9] It is a gated residential complex in Parel, Mumbai.[10] The complex consists of six towers on an elevated podium aligned to form a crescent shape [11] overlooking the Arabian Sea.
  • Emerald Isle is an upcoming 16-acre gated complex in Powai, Mumbai.[12] It is located in close proximity to the Powai Lake and adjacent to the L&T Business Park.[10] Clubhouse & recreational facilities are planned within its premises.[13][14]
  • Raintree Boulevard is a township by L&T Realty located in Hebbal,[15] Bengaluru where it is developing residential apartments on about 65 acres of land with a strong emphasis on environmental management.[16] 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.[17]
  • In Hyderabad, L&T Group is developing Commercial, Retail and Office Spaces around the Metro Project.[18][18][19][20][21][22][23]
  • Eden Park project is based in Siruseri, Chennai. It’s 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).[24] The school is located inside the gated community, L&T Eden Park.[25]
  • Commercial special economic zone (SEZ) project based on north Bengaluru obtained consent on March, 2017[26].
  • Residential project in Nirmal Lifestyle, Mulund: L&T Realty entered into an agreement[27] 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 2016-08-20. 
  2. ^ "Estate Power Feb 2015". google.co.in. 
  3. ^ "L&T Realty - Overview". lntrealty.com. 
  4. ^ "L&T Realty – Contact Us". lntrealty.com. 
  5. ^ "L& Realty Limited Residential Projects and Apartments". commonfloor.com. 
  6. ^ "AM Naik's realty gambit: Unlocking value of Powai campus can be big opportunity for L&". The Economic Times. 
  7. ^ "L&T REALTY INDIA". WCRC Leaders Asia. 
  8. ^ "A new landmark of excellence IN THE MAKING at Parel". Epaper.timesofindia.com. 2014-04-05. Retrieved 2016-08-20. 
  9. ^ "Hitachi Receives 58 Elevators Order for Residential Project "Crescent Bay" in Mumbai, India". Thepropertytimes.in. 2012-01-21. Retrieved 2016-08-20. 
  10. ^ a b "The Times Group". Epaperbeta.timesofindia.com. Retrieved 2016-08-20. 
  11. ^ "The Times Group". Epaperbeta.timesofindia.com. Retrieved 2016-08-20. 
  12. ^ "The Times Group". Epaperbeta.timesofindia.com. Retrieved 2016-08-20. 
  13. ^ "The Times Group". Epaperbeta.timesofindia.com. Retrieved 2016-08-20. 
  14. ^ "The Times Group". Epaperbeta.timesofindia.com. Retrieved 2016-08-20. 
  15. ^ "A green township - Realty bytes - Deccan Herald". M.deccanherald.com. 2015-11-13. Retrieved 2016-08-20. 
  16. ^ "L&T Realty looks for partners in Bengaluru, Navi Mumbai projects". Livemint.com. Retrieved 2016-08-20. 
  17. ^ "Blackstone in talks with L&T realty to buy 1 million sq ft retail space". The Economic Times. 
  18. ^ a b V. Rishi Kumar (2015-09-07). "L&T Hyderabad Metro wins infrastructure award | Business Line". Thehindubusinessline.com. Retrieved 2016-08-20. 
  19. ^ V Rishi Kumar (2015-06-10). "Hyderabad metro to boost transit-oriented development | Business Line". Thehindubusinessline.com. Retrieved 2016-08-20. 
  20. ^ "L&T begins leasing commercial space along Hyderabad Metro". Livemint.com. 2015-06-11. Retrieved 2016-08-20. 
  21. ^ "L&T to Develop Commercial Space Around Hyderabad Metro – NDTV Profit". Profit.ndtv.com. 2015-06-10. Retrieved 2016-08-20. 
  22. ^ "L&T plans 8 malls on metro route". Timesofindia.indiatimes.com. 2015-06-11. Retrieved 2016-08-20. 
  23. ^ "L&T to develop commercial space with Hyderabad Metro | Business Standard News". Business-standard.com. Retrieved 2016-08-20. 
  24. ^ "Contact us-PSBB Schools". Psbbschools.ac.in. Retrieved 2016-08-20. 
  25. ^ "The Times Group". Epaperbeta.timesofindia.com. Retrieved 2016-08-20. 
  26. ^ "L&T Realty to develop commercial SEZ in Bengaluru". Livemint. Retrieved 2017-03-18. 
  27. ^ "L&T Realty, Nirmal to jointly develop premium housing project". Livemint. Retrieved 2017-08-02. 
  28. ^ Babar, Kailash (2015-10-15). "Blackstone in talks with L&T realty to buy 1 million sq ft retail space - The Economic Times". Economictimes.indiatimes.com. Retrieved 2016-08-20. 
  29. ^ "Etomite 1.1 Prelude". Bahaihouseofworship.in. Retrieved 2016-08-20.