Larsen & Toubro wins residential and commercial orders
Key Highlights
Larsen & Toubro has secured significant orders for residential and commercial construction projects in Mumbai, Bengaluru, and Hyderabad.
Larsen & Toubro has secured multiple orders for the construction of residential and commercial projects in Mumbai, Bengaluru, and Hyderabad. The company classifies these new contracts as significant, falling within the range of ₹1,000 crore to ₹2,500 crore. Its Residential, Commercial Buildings and Factories business vertical will manage the execution of these developments across the three cities.
In Mumbai, the company will build nine high-rise residential towers. Each of these structures will feature one basement and 50 floors. The Bengaluru project involves the construction of nine residential towers, each consisting of three basements and 25 floors. Additionally, the company will construct a premium commercial tower in Hyderabad, which includes five basements and 22 floors. The business also received add-on orders for several of its ongoing projects.
The Residential, Commercial Buildings and Factories vertical provides engineering, procurement, and construction solutions. Its portfolio includes residential buildings, commercial spaces, semiconductor facilities, and factories such as automobile plants. Larsen & Toubro operates across diverse domains and multiple geographies, focusing on high-tech manufacturing, products, and services.
Based on company and agency reports. For information only; not investment advice.