Larsen & Toubro has approved the transfer of its Realty Business Undertaking to its wholly-owned subsidiary, L&T Realty Properties Ltd, through a slump-sale via a Scheme of Arrangement. This marks the first phase of a broader consolidation strategy aimed at placing all real estate assets under L&T Realty, creating a single, future-ready development arm capable of leveraging India’s expanding property market.
The unified structure is expected to enhance scale, agility and financial resilience as L&T Realty expands its project pipeline, strengthens land acquisition and accelerates joint devel..
