Real Estate
L&T Realty Acquires 20 Acres Land in Gurugram, Enters NCR Market
L&T Realty Properties, a wholly-owned subsidiary of L&T, has acquired 100 per cent stake in International Green Scapes, Delhi. This acquisition enables LTRPL to leverage 20 acres of land owned by IGSL in Gurugram.
New Delhi, April 27: This is the company's first land acquisition in the NCR micro-market.
Development Potential
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Land area: 20 acres in Gurugram
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Development potential: Approximately 3.6 million sq ft
FY26 Acquisitions
LTRPL and L&T Realty Developers (another wholly-owned subsidiary) have cumulatively completed land acquisitions across Mumbai, Delhi, and Bengaluru with an aggregate development potential of 3 million sq ft.
Strategic Move
L&T is working to consolidate all its real estate businesses under a single entity.