L&T’s Buildings & Factories vertical secured a major domestic order for a 5.9 million sq ft IT park in Bengaluru.
The order is valued between ₹5,000–10,000 crore and will be executed on a lump-sum turnkey basis in two phases.
L&T also won an order for a mixed-use development project in Mumbai, to be completed within 45 months.
The orders highlight L&T’s expertise in delivering large-scale, complex office and mixed-use projects on stringent timelines.
Infrastructure major Larsen & Toubro (L&T) on Friday said its Buildings & Factories (B&F) vertical has secured a "major" orders in the domestic market.
In a regulatory filing the company said its Buildings & Factories (B&F) vertical has secured an order for one of the largest proposed IT parks with a development of 5.9 million sq feet at Bengaluru.
According to the company's project classification, the 'major' order values between ₹5,000 crore-10,000 crore.
The company, however, did not disclose the name of the company it has received the order from.
The order will be executed on a lump sum turnkey basis and to be delivered in two phases, it added.
The order reinforces L&T’s track record and proven expertise in delivering complex and large-scale office space projects with stringent timelines, the filing said.
The business has also secured an order to construct a mixed-use development project in Mumbai. The project is to be executed within a timeline of 45 months, the filing further noted.
