As per The Financial Express report, Larsen & Toubro's real estate arm, L&T Realty, has announced plans to develop more than 100 million square feet of real estate, with an investment of ₹4,400 crore.
The projects, which span residential and commercial developments, are set to take place across six major Indian metro cities.
In a strategic move, L&T Realty has set its sights on a significant expansion in the real estate sector.
The company aims to develop over 100 million square feet in the coming 5 years, with residential properties accounting for 70% of this space and the remaining 30% dedicated to commercial ventures.
The cities earmarked for these developments include key metros such as Mumbai, Bengaluru, Chennai, and Delhi-NCR.
L&T Realty's commitment of ₹4,400 crore is part of its strategic roadmap for FY26-FY31, known as Lakshya. The company aims to achieve a 25% compound annual growth rate in pre-sales during this period.
In FY26, L&T has already achieved ₹9,400 crore in pre-sales bookings, setting a solid foundation for its ambitious growth trajectory.
In its residential segment, L&T Realty plans to intensify land acquisitions and participate in joint development projects.
The company is also poised to expand its commercial portfolio selectively, indicating a balanced approach to growth in both sectors.
Last financial year, L&T Realty enhanced its medium-term prospects with 3 million sq ft of land acquisitions in Mumbai, Delhi, and Bengaluru.
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L&T's decision to transfer its real estate business to L&T Realty as a unified entity reflects its intent to consolidate assets for optimised growth.
This strategic move leverages L&T's established brand and execution capabilities to capitalise on rising demand in major cities.
L&T Realty's commitment coincides with initiatives from competitors like Godrej Properties and Lodha, who are also expanding despite market sluggishness.
Both companies have reported significant rates of business development and project launches, reflecting an overall trend towards expansion in the real estate market.
As of May 11, 2026, at 9:51 AM, Larsen & Toubro share price on NSE was trading at ₹3,915.00 down by 1.50% from the previous closing price.
L&T Realty's strategic plan to develop 100 million square feet with a ₹4,400 crore investment underscores its strong commitment to growing its real estate portfolio. By focusing on both residential and commercial developments in metro cities, the company is well-positioned to address urban demand while leveraging its consolidated business model.
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Published on: May 11, 2026, 10:36 AM IST
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