The real estate development arm of Larsen & Toubro, L&T Realty envisions becoming a leading provider of urban living spaces for integrated communities in India. The company came into existence in 2012 and is growing rapidly.
BLAZE TO BRILLIANCE
- L&T’s Seawoods Grand Central- Navi Mumbai is India’s largest transit-oriented development project
- L&T Realty has 35 million sq. ft of land under various stages of development
- L&T Realty received award for ‘Excellence in Customer Info and Responsiveness Parameters’ at MCHI in 2014
The parent company of Larsen and Toubro has a legacy spanning over seven decades and is known for its key values of trust and transparency. Same can be witnessed in the working of L&T’s real estate arm which, in turn, is generating goodwill and connecting with customers.
Striving to create value for customers by honouring commitments and fulfilling expectations on time, price and quality, L&T Realty focuses on delivering its projects in cities like Mumbai and Chennai. The company has a workforce of more than 400 employees.
Backed by the parent company’s experience of over 75 years in the construction industry, L&T Realty forayed into the real estate industry upholding the philosophies and ethics of work approach which have contributed to its sustained growth.
Believing in the virtues of trust, commitment, transparency, quality and on-time delivery, the company considers these aspects as primary factors for its success.
ENGAGEMENT THAT ENTHRALS
L&T, a major Indian multinational operating in the fields of technology, engineering, construction, manufacturing and financial services, globally operates in over 30 countries worldwide.
L&T has a strong, customer-focussed approach and the constant quest for topclass quality has enabled the company to attain and sustain leadership in its major lines of business for over seven decades. The industry giant has 21 different business units and for the year 2013, its net sales stood at INR 60,8.73 billion.
L&T Realty has an impressive presence across western India, southern India and in Chandigarh with many residential, commercial and retail projects. Its wide range of product portfolio includes residential projects, shopping complexes and corporate workspaces.
As of now, L&T Realty is almost on an equal footing with its competitors and boasts of 35 million sq. ft of land under various stages of development. Back in 2012, L&T Realty sold 400 apartments within four days of the launch of its residential complex in Mumbai’s Parel area.
Amongst all its projects, the Seawoods Grand Central- Navi Mumbai is the most talked about project. With an objective to provide uninterrupted 24X7-workflow, it is India’s largest transit-oriented development project. The 9-million sq. ft project encompasses a shopping mall, an entertainment complex and offices alongside a railway station.
In 2014, it received the ABP Real Estate (Developer of the year – Commercial) Award for Elante Mall, Chandigarh, followed by Realty Plus Excellence Award and Star Retailer Award. It also received the award for ‘Excellence in Customer Info and Responsiveness Parameters’ at MCHI in 2014.
The company believes that progress must be achieved in harmony with the environment and is deeply committed to environmental protection and community welfare. Each project is a mission to fulfil customer expectations and a promise to set new standards of delivery and satisfaction.