As we know L&T Metro is the first private metro in India. From day 1, since Maytas received the mandate, the revenue model had a significant component of real estate related revenue streams. Transit amenities and real estate based projects like offices, residential and mall projects are part of the project bundle.
The management had started the monetization with in-station amenities and multiplexes initially. Now, the firm is firming up office and residential projects.
Office building
Raidurg - Next to Aurobindo and opposite IKEA
Status - 1 block Structure and Cladding done.
The firm holds more land in the same area and could build a few more office blocks.
Residential units
1. Miyapur
Location - Near SMR Hi Lands on High tension rd connecting Miyapur and Nizampet (back side of Miyapur Metro)
Area- 5 acres
Units - 681
Blocks - 3 nos - 2 Cellars + G + 22
Amenities block - 2 Cellars + G + 3
Highway facing land had been earlier identified for office development. No update as of July 2021.
2. Uppal
Uppal Bhagath
Area- 5 acres
Units - 681
Blocks - 3 nos - 2 Cellars + G + 22
Amenities block - 2 Cellars + G + 3
