Larsen & Toubro (L&T) has announced the transfer of its Realty Business Undertaking (Realty BU) to L&T Realty Properties Ltd, a wholly‑owned subsidiary, through a slump‑sale via a Scheme of Arrangement, subject to regulatory approvals.
This strategic move marks the beginning of a phased consolidation of all real estate assets and undertakings of L&T into L&T Realty, creating a unified, future‑ready entity capable of capitalizing on India’s real estate growth. The consolidation positions L&T Realty to lead with renewed scale, agility, and financial strength.
Commenting on the development, S N Subrahmanyan, Chairman & Managing Director, L&T, said: “L&T Realty needs to perform independently. It has to continuously expand its project pipeline through proactive land bank growth and joint developments. This requires periodic capital infusion, and therefore, it is essential to bring all our real estate operations under a singular corporate structure and bolster L&T Realty’s position as a unified brand for real estate.”
The integration sets the foundation for L&T Realty to emerge as one of India’s most admired real estate brands over the next five years. The strategy is anchored in deepening presence across major metros, sustaining premium and luxury positioning, pursuing disciplined land acquisitions, strengthening joint development partnerships, and navigating market cycles with institutional rigor.
With this consolidation, L&T Realty is poised to shape the future of urban living by combining design excellence, engineering pedigree, and refined luxury sensibility — creating developments that resonate with India’s rising aspirations.
