L&T Realty Expands Footprint with Strategic NCR Land Acquisition

L&T Realty has acquired a 100% stake in International Green Scapes Ltd, unlocking 20 acres in Gurugram for development. This acquisition enhances L&T's real estate portfolio amid growing demand for premium spaces. The strategic move is part of L&T's consolidation of its realty businesses under a single entity.

Larsen & Toubro (L&T), a major player in infrastructure, announced that its subsidiary, L&T Realty Properties Ltd, has procured a complete stake in International Green Scapes Ltd. This acquisition unlocks 20 acres of prime real estate in Gurugram for future development.

This strategic acquisition marks L&T Realty Properties Ltd's first purchase in the NCR micro-market and presents a development potential of around 3.6 million square feet. The transaction, completed on April 13, 2026, for Rs 1,123 crore, was initially announced on April 10.

Bolstering its impressive real estate portfolio, L&T aims to capitalize on the surging demand for premium housing and commercial spaces driven by India's rapid urbanization. The company is streamlining all its realty businesses into one entity to efficiently tap into the booming market.