ILP 4 India Acquires Prime Mumbai Land for Rs 193.5 Crore

ILP 4 India 1 Pvt Ltd has successfully acquired a significant 3.95-acre land parcel located in Kurla, Mumbai, at a transaction value of Rs 193.5 crore, as per a statement from real estate consultancy Square Yards.

The acquisition from Shri Aditya Finwealth includes multiple existing buildings, covering a total built-up area of 4,519 square metres. The deal, registered officially in May 2025, includes a stamp duty of Rs 11.61 crore and a registration fee of Rs 30,000.

This land purchase is categorized under industrial land use, according to Development Plan 2034, marking a substantial investment for ILP 4 India, a private infrastructure and construction firm established in 2019.

(With inputs from agencies.)