L&T's Buildings & Factories vertical bags orders in Bengaluru, Mumbai

Infrastructure giant Larsen & Toubro (L&T) on Friday announced that its Buildings & Factories (B&F) division has bagged significant new contracts in India, underscoring its leadership in large commercial and mixed-use developments.

In a stock exchange filing, the company revealed that the B&F business has won a contract for one of the largest proposed IT parks in Bengaluru, spread across 5.9 million square feet. Though the client’s name remains undisclosed, the order has been categorized as “major,” with an estimated value between Rs. 5,000 crore and Rs. 10,000 crore.

The project will be delivered on a lump-sum turnkey model in two phases. According to the filing, the award further cements L&T’s reputation for executing large, complex office space projects within demanding timelines.

Alongside the Bengaluru contract, the company has also secured a deal to develop a mixed-use project in Mumbai. The assignment is scheduled for completion within 45 months, reflecting the firm’s capabilities in handling multifaceted, high-value construction work.
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he Buildings & Factories vertical has consistently played a vital role in L&T’s infrastructure portfolio, with an extensive track record in delivering commercial, industrial, and residential projects across the country. The latest order wins highlight the continuing trust of developers and investors in L&T’s project execution expertise.

The dual wins come amid strong momentum in India’s commercial real estate and urban development sectors, fueled by rising demand for office spaces and integrated mixed-use complexes. Analysts note that such contracts not only bolster L&T’s order pipeline but also reinforce its presence in high-growth hubs like Bengaluru and Mumbai.