diff --git a/build-conventions/src/main/java/org/elasticsearch/gradle/internal/conventions/VersionPropertiesPlugin.java b/build-conventions/src/main/java/org/elasticsearch/gradle/internal/conventions/VersionPropertiesPlugin.java
index 685a7a276434d..2d56e42e3d951 100644
--- a/build-conventions/src/main/java/org/elasticsearch/gradle/internal/conventions/VersionPropertiesPlugin.java
+++ b/build-conventions/src/main/java/org/elasticsearch/gradle/internal/conventions/VersionPropertiesPlugin.java
@@ -11,24 +11,23 @@
 import org.gradle.api.Plugin;
 import org.gradle.api.Project;
 import org.gradle.api.provider.Provider;
-import org.gradle.initialization.layout.BuildLayout;
 
-import javax.inject.Inject;
 import java.io.File;
 
 public class VersionPropertiesPlugin implements Plugin<Project> {
 
-    private BuildLayout buildLayout;
-
-    @Inject
-    VersionPropertiesPlugin(BuildLayout buildLayout) {
-        this.buildLayout = buildLayout;
-    }
-
     @Override
     public void apply(Project project) {
+        File workspaceDir;
+        if (project.getGradle().getIncludedBuilds().isEmpty()) {
+            // This is an included build, use the parent directory as workspace root
+            workspaceDir = project.getRootDir().getParentFile();
+        } else {
+            workspaceDir = project.getRootDir();
+        }
+
         // Register the service if not done yet
-        File infoPath = new File(buildLayout.getRootDirectory(), "build-tools-internal");
+        File infoPath = new File(workspaceDir, "build-tools-internal");
         Provider<VersionPropertiesBuildService> serviceProvider = project.getGradle().getSharedServices()
                 .registerIfAbsent("versions", VersionPropertiesBuildService.class, spec -> {
             spec.getParameters().getInfoPath().set(infoPath);
diff --git a/build-tools-internal/gradle/wrapper/gradle-wrapper.properties b/build-tools-internal/gradle/wrapper/gradle-wrapper.properties
index 1df766d36bac2..fb04efa8e8848 100644
--- a/build-tools-internal/gradle/wrapper/gradle-wrapper.properties
+++ b/build-tools-internal/gradle/wrapper/gradle-wrapper.properties
@@ -1,6 +1,6 @@
 distributionBase=GRADLE_USER_HOME
 distributionPath=wrapper/dists
-distributionUrl=https\://services.gradle.org/distributions/gradle-7.2-all.zip
+distributionUrl=https\://services.gradle.org/distributions/gradle-7.3-all.zip
 zipStoreBase=GRADLE_USER_HOME
 zipStorePath=wrapper/dists
-distributionSha256Sum=a8da5b02437a60819cad23e10fc7e9cf32bcb57029d9cb277e26eeff76ce014b
+distributionSha256Sum=00b273629df4ce46e68df232161d5a7c4e495b9a029ce6e0420f071e21316867
diff --git a/build-tools-internal/settings.gradle b/build-tools-internal/settings.gradle
deleted file mode 100644
index 6981f837d4a2c..0000000000000
--- a/build-tools-internal/settings.gradle
+++ /dev/null
@@ -1,2 +0,0 @@
-includeBuild '../build-conventions'
-includeBuild '../build-tools'
diff --git a/build-tools-internal/src/main/resources/minimumGradleVersion b/build-tools-internal/src/main/resources/minimumGradleVersion
index be4cea5e2b261..a88f81184a32c 100644
--- a/build-tools-internal/src/main/resources/minimumGradleVersion
+++ b/build-tools-internal/src/main/resources/minimumGradleVersion
@@ -1 +1 @@
-7.2
\ No newline at end of file
+7.3
\ No newline at end of file
diff --git a/gradle/wrapper/gradle-wrapper.properties b/gradle/wrapper/gradle-wrapper.properties
index 1df766d36bac2..fb04efa8e8848 100644
--- a/gradle/wrapper/gradle-wrapper.properties
+++ b/gradle/wrapper/gradle-wrapper.properties
@@ -1,6 +1,6 @@
 distributionBase=GRADLE_USER_HOME
 distributionPath=wrapper/dists
-distributionUrl=https\://services.gradle.org/distributions/gradle-7.2-all.zip
+distributionUrl=https\://services.gradle.org/distributions/gradle-7.3-all.zip
 zipStoreBase=GRADLE_USER_HOME
 zipStorePath=wrapper/dists
-distributionSha256Sum=a8da5b02437a60819cad23e10fc7e9cf32bcb57029d9cb277e26eeff76ce014b
+distributionSha256Sum=00b273629df4ce46e68df232161d5a7c4e495b9a029ce6e0420f071e21316867