The transfer of the real estate business to L&T Realty Properties is approved by the Larsen & Toubro board.

On Monday, December 8, engineering and construction giant Larsen & Toubro Ltd. (L&T) announced that it has accepted a plan to transfer and vest its real estate undertaking to its wholly-owned subsidiary, L&T Realty Properties Ltd. Based on suggestions from the Audit Committee and independent directors, the board made the decision on December 8, 2025, during its meeting in Muscat, Oman. Through a slump sale, the plan allows L&T's real estate undertaking to be transferred to the transferee business on a going concern basis.