PropertyNivesh — Property Intelligence
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L&T Realty

Est. 2011 · Larsen & Toubro · Mumbai, Maharashtra · Privately held · National

🗓Published·Updated·Edited by Rakesh Mahajan

★★★★★ 4.2 Dependable — with caveats

Company overview

Who is L&T Realty?

The engineering giant's development arm — construction rigour applied to residential, with marquee Mumbai and Bengaluru addresses.

25

Completed projects

20M

Sq ft delivered

12

Ongoing projects

8

Upcoming projects

Our ratings

Builder Score Card

Each dimension is scored from delivery data, RERA filings and financial disclosures.

Construction quality 92/100
Delivery record 80/100
Customer satisfaction 80/100
Financial strength 96/100
Trust 84/100

On-time delivery: 82% of towers delivered within 6 months of committed date.

At a glance

L&T Realty in Numbers

L&T Realty is a privately held developer founded in 2011 by Larsen & Toubro, headquartered in Mumbai, Maharashtra, active mainly in National. We rate it 4.2/5 overall — dependable, with caveats — which ranks 21st of the 212 developers we profile and ahead of 89% of them. Its strongest area is financial strength (4.8/5) and its weakest is delivery record (4/5).

Benchmarking

How L&T Realty Compares

Each rating against all 212 developers we profile and the 20 in National.

Rating L&T Realty National average Better than
Construction quality 4.6/5 4.1/5 96% of developers
Delivery record 4/5 3.8/5 91% of developers
Customer satisfaction 4/5 3.8/5 89% of developers
Financial strength 4.8/5 4.1/5 98% of developers
Trust 4.2/5 4.1/5 86% of developers

Buyer guidance

Should You Buy a L&T Realty Project?

L&T Realty is dependable, with caveats. Its weakest area is delivery record, so before booking, compare the promised and actual completion dates of its last few projects on the state RERA portal. Prefer construction-linked payment plans and check the project's RERA progress reports.

Check before you book

  1. RERA registration and quarterly progress for the exact project and tower you are buying.
  2. Credit ratings and company filings, because L&T Realty is privately held and does not publish audited results.
  3. That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
  4. Delivery record: compare the promised and actual completion dates of its last few projects on the state RERA portal.

The bottom line

Our Verdict

Engineering-first quality with conglomerate balance-sheet safety; among the safest under-construction bets in India.

Portfolio

Notable Projects

Key L&T Realty projects as the builder publishes them. None has a PropertyNivesh research page yet.

L&T Crescent Bay L&T Emerald Isle L&T Elixir Reserve L&T Raintree Boulevard L&T Island Cove

Questions

L&T Realty: FAQs

Is L&T Realty a good builder? +

We rate L&T Realty 4.2/5 overall — dependable, with caveats. Engineering-first quality with conglomerate balance-sheet safety; among the safest under-construction bets in India.

Is L&T Realty a listed company? +

No. L&T Realty is privately held, so detailed financials are not published; check credit ratings and company filings where available.

Does L&T Realty deliver on time? +

L&T Realty has delivered 82% of its towers within six months of the committed date, and we rate its delivery record 4/5.

How many projects has L&T Realty completed? +

L&T Realty reports 25 completed projects and about 20 million sq ft delivered.

Compare L&T Realty against another builder →