loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations

Open ICICI
3-in-1 Account

Manage your Savings, Demat and Trading Account conveniently at one place

+91

BLOG

L&T Realty Developers, a wholly owned subsidiary of Larsen & Toubro (L&T), has acquired a 2.5-acre land parcel in Central Delhi

ICICIdirect Research 16 Jul 2026 DISCLAIMER

News: L&T Realty Developers, a wholly owned subsidiary of Larsen & Toubro (L&T), has acquired a 2.5-acre land parcel in Central Delhi for nearly ₹200 crore. The company plans to develop a boutique luxury residential project on the site, following its recent acquisition of a 20-acre land parcel in Gurugram with a development potential of 3.6 million sq. ft.

View: The acquisition strengthens L&T Realty's presence in the premium NCR residential market and expands its land bank in a high-value micro-market. The move is in line with the company's strategy of scaling its luxury residential portfolio and provides long-term growth visibility for its real estate business.

Impact: Positive

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere