
Larsen & Toubro Ltd. (L&T), one of India’s leading engineering and construction majors, has announced that its Buildings & Factories vertical has bagged prestigious orders for large-scale projects in Bengaluru and Mumbai. The combined order value falls in the range of Rs 5,000–10,000 crore, further cementing L&T’s dominance in India’s infrastructure and real estate construction space.
In Bengaluru, the company has secured a landmark contract from a multinational corporation to develop one of the largest proposed IT parks in the country. Spread across 5.9 million square feet, the project will be executed on a Lumpsum Turnkey basis in two phases. The development includes six towers with 14 floors each, comprising a three-level common basement, ground floor, ten upper floors, and terrace. Designed as A-grade office spaces on a warm shell basis, the project also targets a USGBC Platinum rating under LEED certification, highlighting L&T’s focus on sustainable construction.
The scope of the Bengaluru project covers civil structures, unitised façade glazing, architectural lighting, interior finishes, and a full suite of electromechanical services. This includes HVAC systems, electrical works, fire safety, elevators, plumbing, escalators, and ELV systems. Additionally, the project will feature a GIS substation, solar power systems, LPG gas bank, sewage treatment plants, underground water tanks, stack parking, and advanced landscaping.
Meanwhile, in Mumbai, L&T has bagged an order for a major mixed-use development project. The project is expected to be completed within 45 months and will include modern commercial and residential infrastructure.
The announcement positively impacted L&T’s stock performance, with shares rising by as much as 0.92% to Rs 3,704.20 apiece before settling 0.65% higher at Rs 3,694.10 on the NSE. Over the past 12 months, L&T stock has gained 5.62%, and market analysts remain optimistic, with 27 out of 33 analysts recommending a ‘buy.’
These projects not only strengthen L&T’s project portfolio but also reinforce its role in shaping India’s next-generation urban and commercial infrastructure.
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