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L&T is consolidating its real estate assets into a new subsidiary to boost growth and agility in India’s major cities.
Larsen & Toubro has approved transferring its real estate business to L&T Realty Properties Ltd., a wholly-owned subsidiary, via a slump sale and scheme of arrangement, pending regulatory approval.
The move consolidates all real estate assets under one entity to create a unified, scalable brand focused on expanding project pipelines through land acquisition and joint ventures in major Indian cities.
The restructured L&T Realty aims to operate independently with greater agility and capital access, leveraging engineering expertise and design innovation to strengthen its market position in residential, commercial, and mixed-use developments.
L&T está consolidando sus activos inmobiliarios en una nueva subsidiaria para impulsar el crecimiento y la agilidad en las principales ciudades de India.