L&T Realty and Valor join hand for development project worth Rs 8,500 crore in Mumbai
The real estate arm of L&T (Larsen Turbo), L&T Realty has joined hands with Valor Estate, erstwhile DB Realty. This agreement is to jointly develop an over Rs 8,500-crore project on a 7.5-acre land parcel at Bandra Reclamation in Mumbai.
Under the agreement, the firms are planning to develop a nearly 1.6 million sq ft premium residential project on the plot.
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