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L&T Construction wins $447M contract for Mumbai residential project

L&T Construction, the construction unit of Larsen & Toubro (L&T), has announced that its Buildings & Factories business won an INR29.03bn ($447M) contract for the construction of a residential project in Mumbai [pictured], India.

Leighton secures Mumbai residential project

Cimic Group company Leighton Asia, through its subsidiary Leighton India Contractors, has secured a contract to deliver the Ten BKC project in Mumbai, India.  The 2ha development — to be located in the Bandra Kurla Complex — will feature 40 apartment blocks comprising 937 apartments. Leighton will be responsible for the delivery of structures, mechanical, electrical and plumbing services, finishes and external works. The company’s revenue for the project will be AUD140M ($106.6M).Cimic Group executive chairman and CEO Marcelino Fernandez Verdes said: “This is the second premium project we have secured in the Bandra Kurla Complex, demonstrating Leighton Asia’s track record in the high-end building sector.”The project has already started and is expected to be complete in June 2019.

L&T wins $104M contract for luxury housing project in Mumbai

Larsen & Toubro has won an INR7bn ($104.1M) order from Piramal Realty for the core and shell civil work of a luxury residential project in Mumbai, India.The project, known as Piramal Aranya, will encompass about 400,000sq m of construction area. The total investment for the project is estimated at about INR44.5bn ($662M), including land, project development and execution costs.Piramal Aranya will feature two towers, including 3-, 3.5- and 4-bedroom-hall-kitchen apartments. Piramal Group executive director Anand Piramal said: “We launched Piramal Aranya in March earlier this year in an endeavour to build world-class luxurious residential high rises in the city. It is our most significant residential development and we are making every effort to ensure that it is one of the finest buildings in the world.”

L&T begins work on Mumbai Metro Line 3 project

Indian multi-national conglomerate Larsen & Toubro (L&T) has started work on Mumbai Metro Line 3 project.The project, valued at INR52.7bn ($781.8M), will be carried by the heavy civil infrastructure business of L&T Construction in association with its partner STEC of China.Work will include design and construction of underground stations as well as associated tunnels for Package 1 and Package 7 of the development.The Package 1 will include construction of underground stations at Cuffe Parade, Vidhan Bhavan, Church Gate, Hutatma Chowk, along with associated tunnels.The Package 7 will include construction of underground stations at Marol Naka, MIDC and SEEPZ, as well as associated tunnels from International Airport to SEEPZ.L&T’s deputy managing director and president S. N. Subrahmanyan said: "This is a significant win in the heavy civil infrastructure space and we hope that this is a sign for many such projects involving vital infrastructure that are in the offing."This mandate is truly representative of our expertise in building metros as we are already building some major metro projects in India and Middle East. With the support of our partners, we are confident of delivering as per the requirements of our client."The project is scheduled for completion in 48 months.

Leighton Asia wins $170M contract in India

Leighton Asia’s subsidiary Leighton India Contractors has signed an AUD223M ($169.5M) contract to deliver phases two and three of a mixed-use development in Mumbai, India.The development, known as Maker Maxity, is located in the Bandra Kurla Complex, and its phases two and three will include the development of retail and hospitality facilities.The scope of the work includes structural and civil works, mechanical, electrical and plumbing  services, lifts and escalators, façade, finishes and external works for the facilities.Leighton Asia’s managing director Manuel Alvarez Munoz said: "We are delighted to have secured our first major project with the Maker Group, one of India's most prestigious developers."Leighton Asia will bring its international experience, wealth of local knowledge and commitment to safety and quality to facilitate the timely completion of this major project."Work has commenced in June 2016, and is scheduled to be complete in mid‐2019.