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Home News L&T Realty sells stake to Pragnya Group for ₹190 crore

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L&T Realty sells stake to Pragnya Group for ₹190 crore

L&T Realty sells stake to Pragnya Group for ₹190 crore

Wednesday, March 15, 2017, 11:14 AM

L&T Realty Ltd, a subsidiary of Larsen & Toubro, has sold its entire stake in L&T South City Projects to Pragnya Group, an investment firm associated with the project, for ₹190 crore. L&T Realty holds a 51% stake in L&T South City which is developing a 92-acre residential township at Siruseri, a suburb to the south of Chennai.
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