L&T Construction on Thursday said that its Buildings & Factories (B&F) vertical has recently secured an order from a real-estate developer to construct multi-storeyed residential towers at Thane in the Mumbai Metropolitan Region.
The scope of the order, it added, includes construction of the core and shell works for five towers having 62 floors and an allied parking area comprising basements+ground+5 podiums.
“With the economy showing encouraging positive movement, we see good opportunities in the residential buildings sector. We have executed some unique and prestigious structures over the past few years and recently have been introducing new technologies and advanced methods to fast-track construction that is becoming increasingly green and sustainable and, at the same time, reflecting the spirit of Atmanirbhar Bharat,” said MV Satish, Whole-time Director & Senior Executive Vice President (Buildings), L&T.
According to the company, the value of significant order is between Rs 1000 crore and Rs 2500 crore, large orders are worth Rs 2500 crore- Rs 5000 crore, major orders are in the range of Rs 5000 crore- Rs 7000 crore and mega orders are worth above Rs 7000 crore.
L&T is a multinational company engaged in EPC projects, hi-tech manufacturing and services. It operates in over 50 countries worldwide.