Larsen & Toubro Acquires 20 Acres of Prime Real Estate in Gurugram

Larsen & Toubro (L&T), a leading infrastructure company, has made a significant move in the real estate sector.

Strategic Acquisition Unlocks Development Potential

L&T Realty Properties Ltd, a subsidiary of L&T, has procured a complete stake in International Green Scapes Ltd, marking its first purchase in the NCR micro-market.

Key Highlights of the Acquisition

• 20 acres of prime real estate in Gurugram procured for future development
• Development potential of around 3.6 million square feet
• Transaction completed on April 13, 2026, for Rs 1,123 crore
• Initially announced on April 10, 2026

L&T Aims to Capitalize on Surging Demand

L&T is streamlining all its realty businesses into one entity to efficiently tap into the booming market driven by India's rapid urbanization.

Boosting Real Estate Portfolio

The acquisition bolsters L&T's impressive real estate portfolio, with the company aiming to capitalize on the surging demand for premium housing and commercial spaces.

With this strategic acquisition, L&T is well-positioned to tap into the growth potential of the Indian real estate market.