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Larsen & Toubro Bags Three Residential Projects in India

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-- The buildings and factories business of Larsen & Toubro (NSE:LT, BOM:500510) has secured three "large" orders from an undisclosed real estate client for three projects across three Indian states, according to a Thursday filing to the Indian stock exchanges.

The company classifies large orders as those between 25 billion Indian rupees and 50 billion rupees.

The first order is for the development of a residential project in Hyderabad, including the design and construction of 10 high-rise residential towers, each with two basements and 55 floors, along with two clubhouses.

The company has also bagged an order to construct a luxury high-rise residential tower in Mumbai, comprising five basements and 63 floors.

The third order pertains to the construction of several residential villas, a luxury hotel, and ancillary structures for a project in Karnataka.

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