L&T Realty, the real-estate development arm of Larsen & Toubro, has announced expansion plans in Mumbai market.

The company has entered a binding agreement to jointly develop projects in South Mumbai, Western Suburbs and Thane worth Rs 8,000 crore, with development potential of 4.4 million sq ft.

This is a part of company’s plan to strengthen its footprint in major metros by adding around five million sq ft per year over the next five years.

The South Mumbai project will be developed over five acre of land parcel. The residential complex will have 50 storey twin towers with luxury amenities and retail.

The project in Western Suburb is set in Andheri. This would be L&T Realty’s first project in Western Suburb. The company will develop a modern gated residential complex comprising 20 towers with a modern shopping complex. The project in Thane will be developed on a six-acre land parcel.

here is company details.

 

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