L&T's B&F Vertical Secures Major IT Park and Mixed-Use Development Projects in Bengaluru and Mumbai
L&T's Buildings & Factories vertical has won significant orders for a large IT park in Bengaluru and a mixed-use development in Mumbai, showcasing the company's expertise in delivering complex and large-scale projects.
LtInfrastructureCommercial Real EstateMixeduse DevelopmentIt ParkReal Estate MumbaiOct 04, 2025
In a regulatory filing, L&T revealed that the B&F vertical has won an order for one of the largest proposed IT parks in Bengaluru, covering a development area of 5.9 million square feet. Although the company did not disclose the client, the order is classified as “major,” with a value estimated between Rs 5,000 crore and Rs 10,000 crore.
The project will be executed on a lump-sum turnkey basis and delivered in two phases. “The order reinforces L&T's track record and proven expertise in delivering complex and large-scale office space projects with stringent timelines,” the filing noted.
In addition to the Bengaluru IT park, L&T has secured an order to construct a mixed-use development project in Mumbai. This project is expected to be completed within a 45-month timeline, further highlighting the company’s capability in handling high-value, multi-faceted construction assignments.
L&T’s Buildings & Factories vertical has long been a key contributor to the company’s infrastructure portfolio, with a history of executing technically complex commercial, industrial, and residential projects across India. These latest wins demonstrate continued investor and client confidence in the company’s ability to deliver large-scale developments efficiently and on schedule.
The dual orders come at a time when India’s commercial and IT infrastructure sectors are experiencing robust demand, driven by expanding office space requirements and the growth of mixed-use urban developments. Analysts say such contracts not only strengthen L&T’s order book but also enhance its visibility in strategic growth corridors like Bengaluru and Mumbai.
L&T, a leading name in the Indian infrastructure sector, has a strong reputation for delivering high-quality projects on time. The company’s expertise in handling large-scale developments is a testament to its commitment to excellence and innovation in the construction industry. These recent wins are expected to further solidify L&T’s position as a frontrunner in the domestic and international markets.
Frequently Asked Questions
What is the estimated value of the IT park project in Bengaluru?
The IT park project in Bengaluru is estimated to be between Rs 5,000 crore and Rs 10,000 crore.
How long will it take to complete the mixed-use development project in Mumbai?
The mixed-use development project in Mumbai is expected to be completed within a 45-month timeline.
What is the development area of the proposed IT park in Bengaluru?
The proposed IT park in Bengaluru covers a development area of 5.9 million square feet.
Why is L&T's B&F vertical significant in the Indian infrastructure sector?
L&T's Buildings & Factories (B&F) vertical is significant due to its expertise in executing technically complex commercial, industrial, and residential projects across India, contributing to the company’s strong infrastructure portfolio.
What factors are driving the demand for commercial and IT infrastructure in India?
The demand for commercial and IT infrastructure in India is driven by expanding office space requirements and the growth of mixed-use urban developments, reflecting robust economic growth and urbanization.
Related News Articles
RERA Cases Weekly Round-Up: Relief for Homebuyers Across India
From refund orders to structural defect rectification
Gurugram Leads Housing Price Surge, Mumbai Lagging Behind
In the last five years, the average price of new housing projects in India’s top 10 cities has surged by 88%, with Gurugram leading the pack at a 160% increase. Mumbai, on the other hand, has seen the lowest rise at 37%. This surge is attributed to massiv
Anant Raj Reports 75% Increase in Net Profit for Q2 FY25
Anant Raj has announced a significant 75% increase in its net profit for the second quarter of the fiscal year 2025. The company also reported a 53.67% rise in its net consolidated total income. This robust growth is a testament to the company's strategic
DLF JV Firm Sells IT Park in West Bengal's Largest Real Estate Deal for Rs 637 Cr
In a significant move, DLF, the country's largest real estate developer by market cap, has completed the sale of an IT park in West Bengal for Rs 637 crore. The deal, involving a joint venture firm, marks one of the largest real estate transactions in the
Eleganz Interiors Files DRHP with NSE Emerge
Eleganz Interiors plans to use Rs 25 crore from the IPO proceeds to repay a portion of its outstanding borrowings, as it files its DRHP with NSE Emerge.
Tata Steel Slapped with Rs 146 Mn Fine for Delay in Stamp Duty Payment
Tata Steel, one of India's leading steel producers, has been penalized with a fine of Rs 146 million by the Maharashtra government for failing to timely pay the stamp duty. The fine, as per the company's exchange filing, highlights the importance of adher