Larsen & Toubro’s (L&T) wholly owned subsidiary -- L&T Realty Properties (LTRPL) has acquired 100% stake in International Green Scapes (IGSL), Delhi. The acquisition enables LTRPL to leverage 20 acres of land owned by IGSL in Gurugram, significantly strengthening its real estate development portfolio. Marking LTRPL’s first land acquisition in the NCR micro-market, it offers a development potential of around 3.6 million square feet.

Further, during FY 2025-26, LTRPL and L&T Realty Developers -- another wholly-owned subsidiary of the company, have cumulatively completed land acquisitions across Mumbai, Delhi and Bengaluru, having an aggregate development potential of 3 million square feet. The acquisitions have strengthened the development potential over the medium-term.

The company 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.

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.