Acquisitions27 Apr 2026, 09:31 am
L&T Realty Expands NCR Portfolio with Land Acquisition
AI Summary
L&T Realty Properties Ltd (LTRPL), a subsidiary of Larsen & Toubro, has acquired 100% stake in International Green Scapes Ltd (IGSL), Delhi, gaining access to 20 acres of land in Gurugram with a development potential of approximately 3.6 million square feet. This marks LTRPL’s first land acquisition in the NCR micro-market. Additionally, LTRPL and L&T Realty Developers Ltd have completed land acquisitions across Mumbai, Delhi, and Bengaluru during FY 2025-26, with an aggregate development potential of 3 million square feet. L&T is consolidating its Realty businesses under a single entity.
Key Highlights
- L&T Realty acquires IGSL, securing 20 acres in Gurugram.
- NCR land offers 3.6 million sq ft development potential.
- L&T Realty completed land acquisitions with 3 million sq ft potential in FY26.
- L&T consolidating all Realty businesses into a single entity.
- Acquisitions strengthen development potential over the medium-term.