L&T Realty Properties Ltd (LTRPL), a wholly owned subsidiary of L&T, has acquired a 100 per cent stake in International Green Spaces Ltd (IGSL), Delhi. LTRPL is operating in the urban premium and luxury real estate segments across four cities.
LTRPL has acquired 20 acres of land owned by IGSL in Gurugram. This major acquisition has strengthened the company’s real estate development portfolio. It is one of the company’s first land acquisitions in the NCR micro-market. It offers approximately 3.6 million square feet of development potential.
In FY 2025-26, LTRPL and L&T Realty Developers Ltd., another wholly owned subsidiary of L&T, completed land acquisition in Mumbai, Delhi and Bengaluru. The development potential is 3 million square feet. The acquisition has strengthened the development potential over the medium term.
L&T has already embarked on a journey to consolidate all its Realty businesses under a single entity, subject to requisite regulatory approvals. Upon completion of the consolidation process, L&T Realty would emerge as a unified, future-ready entity capable of capitalising on India’s real estate growth.
Anupam Kumar, CEO & MD of L&T Realty, said, “L&T Realty is poised for growth through a strategy that is rooted in disciplined expansion, customer trust and long-term value creation.”
S N Subrahmanyan, Chairman & Managing Director, L&T, said,
“India’s Real Estate market is transitioning into an organised, transparent and institutionally funded ecosystem, with both residential and commercial segments poised for growth over the next decade. L&T Realty is building a substantial development pipeline through disciplined and proactive land acquisitions and joint development partnerships.”
Anupam Kumar, CEO & MD of L&T Realty, said,
“L&T Realty is poised for growth through a strategy that is rooted in disciplined expansion, customer trust and long-term value creation.”
