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Private Sector | Maharashtra - India | PID: 203348
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L&T Realty, the property development arm of Larsen & Toubro, has entered into a binding agreement with Valor Estate (formerly DB Realty) to jointly develop a project worth over ?20,000 crore on a 10-acre land parcel in Mumbai’s Bandra-Kurla Complex (BKC), according to sources.
The companies plan to build a mixed-use project featuring premium housing, commercial spaces, and a 1,000-key five-star luxury hotel. This development will be on a combination of revenue and area-share basis, and the land parcel is strategically located next to the upcoming Bombay High Court complex.
| Updated on: 03 - Sep - 2024
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