New Delhi, Nov 7 (PTI) L&T Realty and Singapore-listed CapitaLand India Trust Management Pte Ltd have agreed to set up a commercial platform for the development of 6 million square feet of premium office space across Mumbai, Bengaluru and Chennai.
Both the companies have entered into a non-binding term sheet for setting up of this commercial platform. The definitive agreements have not been signed.
L&T Realty is the real estate development arm of L&T, while CapitaLand India Trust Management Pte Ltd is trustee-manager of CapitaLand India Trust (CLINT).