ILP 4 India 1 Bets Big on Kurla with ₹193.5 Crore Land Deal

ILP 4 India 1 has acquired a 15,985 sq. mtr. (approx. 3.95-acre) land parcel in Kurla, Mumbai, for Rs 193.5 crore from Shri Aditya Finwealth, as per property documents accessed via IGR Maharashtra. The deal, registered in May 2025, includes existing structures with a total built-up area of about 4,519 sq. mtr. (48,641 sq. ft).

Classified as industrial land under the Mumbai Development Plan 2034, the site attracted a stamp duty of Rs 11.61 crore and a registration fee of Rs 30,000.

Founded in 2019, ILP 4 India 1 is a private infrastructure and construction firm focusing on real estate and infrastructure development. This acquisition supports its strategy to invest in high-growth urban locations.

Kurla is a key commercial and residential hub with excellent connectivity to business districts like BKC, Andheri, and Lower Parel, and is well-served by rail, road, and upcoming metro infrastructure.

News by Rahul Yelligetti.