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L&T Realty looks for partners for its real estate projects

Tuesday, 22 Dec 2015
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L&T Realty is looking to rope in development partners and investors in a couple of its projects in Bengaluru and Navi Mumbai.

The company may bring in a developer partner in its north Bengaluru project in Hebbal, where it is developing residential apartments on about 45 acre and plans to bring in a joint venture partner who will develop the remaining 20 acre.

In its upcoming transit-oriented development (TOD) project at Seawoods, Navi Mumbai, built around the railway station of Darave, L&T is looking at a strategic investor in the one million sq. ft. of retail development. The developer also has 4 million sq. ft. of office space coming up there as part of a 40 acre contiguous development under the project Seawoods Grand Central.

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