Updates

L&T Realty Segment Posts 32% YoY Growth in Order Inflow to ₹1,300 Crore in Q1 FY27, Launches Two New MMR Projects Worth ₹5,000 Crore GSV

In its Q1 FY27 (April-June 2026) earnings call, L&T reported that its now-separately-disclosed Realty segment grew order inflow 32% YoY to ₹1,300 crore, launched two new projects in the Mumbai Metropolitan Region with a combined GSV of ₹5,000 crore, and grew customer revenue to ₹1,009 crore.

L&T Realty Developers Acquires 2.5-Acre Central Delhi Land for ₹200 Crore to Develop Boutique Luxury Residential Project

L&T Realty Developers Ltd has acquired a 2.5-acre land parcel in Central Delhi for nearly ₹200 crore, on which it currently operates an office, to develop a boutique luxury residential project.

L&T Realty Launches Recruitment Drive for High-Rise Residential and Commercial Project Roles in Delhi and Gurugram

L&T Realty opened a hiring drive for engineering and project management roles on its high-rise residential and commercial developments in Delhi and Gurugram, signaling active staffing-up on its newly acquired NCR land.

L&T Schedules NCLT-Convened Shareholder Meeting for August 4, 2026 to Vote on Realty Demerger Scheme

Larsen & Toubro has officially announced August 4, 2026 as the date for its NCLT-convened virtual shareholder meeting to approve the Scheme of Arrangement for the demerger of its realty business into wholly owned subsidiary L&T Realty Properties Limited. The tribunal has dispensed with physical creditor meetings, directing written representations instead.

L&T Realty Launches 'Ahana' Residential Project in Malad West, Mumbai

L&T Realty formally launched its Ahana residential project in Malad West, Mumbai, situated on the Western Express Highway near Kurar Metro station, with an initial release of 258 of 554 planned units.

NCLT Mumbai Orders L&T to Convene Shareholder Meeting Within 60 Days to Approve Realty Demerger Scheme

Following its earlier first-motion approval, NCLT Mumbai issued orders on June 12 and June 16, 2026, directing Larsen & Toubro to convene an electronic shareholder meeting within 60 days to seek formal shareholder approval for the scheme of arrangement with L&T Realty Properties Limited. This marks a significant procedural milestone in the ongoing consolidation of L&T's realty business.

NCLT Mumbai clears first motion for L&T Realty business demerger into wholly owned subsidiary L&T Realty Properties

The Mumbai Bench of the National Company Law Tribunal (NCLT) allowed the first-motion application in the proposed demerger of L&T's realty business into its wholly owned subsidiary, L&T Realty Properties Ltd. The tribunal also directed the convening of a meeting of L&T's equity shareholders to consider the scheme, advancing L&T Realty's path toward becoming a standalone, independently structured real estate entity.

L&T Realty Division Announces Lakshya FY26-31 Strategy: ₹9,400 Crore FY26 Bookings, 100 Million Sq Ft Development Target and ₹4,400 Crore Investment Commitment

L&T's realty division unveiled its Lakshya FY26-31 five-year growth strategy, anchored by FY26 pre-sales bookings of ₹9,400 crore and targeting development of over 100 million sq ft with a ₹4,400 crore capex commitment and 25% annual pre-sales growth through FY31.

L&T Realty Properties Reports ₹1,041 Crore Revenue and ₹339 Crore EBITDA for Full Year FY2025-26

L&T Realty Properties Limited (LTRPL) disclosed full-year FY26 financials as part of its NCLT demerger scheme documents, reporting revenue of ₹1,041.26 crore and EBITDA of ₹339.64 crore for the year ended March 31, 2026. These are the first publicly available full-year standalone figures for LTRPL as the consolidated realty entity.

L&T Realty Properties acquires 100% stake in International Green Scapes Ltd for ₹1,123 crore, unlocking 20-acre Gurugram land

L&T Realty Properties Ltd (LTRPL) completed the acquisition of a 100% stake in International Green Scapes Ltd (IGSL), Delhi, on April 13, 2026, for ₹1,123 crore. The deal gives LTRPL control over a 20-acre land parcel in Gurugram offering approximately 3.6 million sq ft of development potential — marking the company's first land acquisition in the NCR micro-market.

BSE and NSE Issue No-Objection Letters for L&T Realty Demerger Scheme, Clearing Path to NCLT Filing

BSE (March 18, 2026) and NSE (March 19, 2026) issued 'no adverse observation' and 'no objection' letters respectively for L&T's proposed scheme of arrangement with L&T Realty Properties Limited, enabling the company to file the scheme with NCLT within six months. The scheme involves a slump-sale transfer of L&T's realty undertaking to its wholly owned subsidiary L&T Realty Properties Limited.

L&T Realty Posts Highest-Ever Quarterly Presales of ₹5,000 Crore in Q3 FY26; L&T Green Reserve Noida Racks Up ₹4,000+ Crore in First Week

On its Q3 FY26 earnings call, L&T disclosed that L&T Realty achieved its highest-ever quarterly presales of around ₹5,000 crore (INR 50 billion), with the newly launched L&T Green Reserve project in Noida alone crossing ₹4,000 crore (INR 40 billion) in presales within its first week of launch.

L&T Realty Announces 'L&T Realty Innovation Campus' at Lower Parel, Mumbai — Grade-A Commercial Office Tower to Be Leased to Top-Tier Corporates

L&T Realty has formally named its upcoming Lower Parel commercial development the 'L&T Realty Innovation Campus,' positioning it as a future-ready, grade-A office tower targeting BFSI and top-tier corporate tenants. The project is to be built on ~1.34 acres on Elphinstone Road with a 36-month construction timeline and a long-term rental annuity model.

L&T Realty Acquires 1.34-Acre Land in Mumbai's Lower Parel for ₹448.6 Crore to Develop Grade-A Commercial Office Tower

L&T Realty Developers Limited acquired land development rights over a 1.34-acre parcel on Elphinstone Road, Lower Parel, Mumbai for ₹448.6 crore from AVA Smart City LLP, with plans to develop a premium Grade-A commercial office building branded as the 'L&T Realty Innovation Campus'. The deal, registered on January 9, 2026, comprises a ₹300 crore cash component and the balance settled via an area-sharing arrangement.

L&T Vayam Wagle Estate Thane Registers Under MahaRERA (No. PM1330002600565) with December 2031 Completion Target

L&T Realty's new residential project L&T Vayam in Wagle Estate, Thane has received MahaRERA registration (PM1330002600565) with a possession target of December 2031. The project offers 2 BHK, 3 BHK, and 4 BHK homes and is currently in early construction.

L&T Island Cove Mahim Registers New Tower 4 Under MahaRERA (No. PR1170002500784) with December 2030 Completion Target

L&T Realty has filed a fresh RERA registration for Tower 4 of its L&T Island Cove project in Mahim, Mumbai, under MahaRERA number PR1170002500784, with a targeted possession date of December 31, 2030. This adds a new phase to the under-construction luxury residential development.

L&T Realty Realty BU reports ₹640.57 crore standalone revenue for H1 FY26 ahead of consolidation into L&T Realty Properties

Ahead of the approved scheme to consolidate L&T's Realty Business Undertaking into subsidiary L&T Realty Properties Ltd, L&T disclosed that the Realty BU posted standalone revenue of ₹640.57 crore and a net worth of ₹2,148.86 crore for H1 FY26 (April–September 2025). L&T Realty Properties itself reported standalone revenue of ₹202.15 crore for the same period.