L&T Secures Major Order for Residential and Commercial Towers

On March 21, 2025, Larsen & Toubro’s (L&T) Buildings & Factories (B&F) division has won a significant contract from Brigade Group to construct residential and commercial towers in Hyderabad and Chennai. This marks L&T’s largest private-sector residential project to date.

Key Projects Under the Contract

Brigade Gateway Residences – Hyderabad

• Located in Neopolis, Kokapet, this project consists of 2 luxury residential towers.
• One of the towers will be among the tallest buildings in Hyderabad, featuring a structure of 5 basements + ground floor + 57 floors.

Brigade World Trade Centre – Hyderabad

• A commercial tower in Neopolis, Kokapet, standing over 200 meters tall.
• The configuration includes 5 basements + ground floor + 50 floors.
• It will house office spaces, retail outlets, and a five-star hotel – Brigade Neopolis.
• Once completed, it will be the tallest mixed-use development in Hyderabad.

Brigade Altius – Chennai

• A high-end residential project with three signature towers.
• Each tower will have 6 parking levels and 39 apartment floors.
• It is set to be one of the tallest and most prestigious developments in the locality.

Brigade Morgan Heights – Chennai

• A luxury residential complex comprising 10 towers.
• The towers will have four parking levels, and apartment floors ranging from 11 to 21 stories.

Project Execution and Background

All these projects will follow a design-and-build model with strict deadlines.

Larsen & Toubro is a $27 billion Indian multinational company specialising in EPC (Engineering, Procurement, and Construction) projects, high-tech manufacturing, and services. With over 80 years of experience, L&T has built a reputation for delivering high-quality projects across various industries and geographies.

Project Classification

According to L&T’s project classification, a large project is valued between ₹2,500 crore and ₹5,000 crore.

Conclusion

With this project, L&T strengthens its presence in India’s real estate sector, delivering high-quality infrastructure that redefines urban living and commercial spaces.

As of March 21, 2025, at 11:45 AM IST, Larsen & Toubro share price is trading at ₹3,416.80, up by ₹65.75 (1.96%). The stock opened at ₹3,357.00, reaching a high of ₹3,419.80 and a low of ₹3,332.75. It has a market capitalisation of ₹4.70 lakh crore, a P/E ratio of 33.73, and a dividend yield of 0.82%. The stock’s 52-week high is ₹3,963.50, while its 52-week low stands at ₹3,141.00.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.