ILP 4 India 1 Private Limited Acquires Land in Mumbai for ₹193.5 Crore: Square Yards

Mumbai, May 13, 2025: ILP 4 India 1 Private Limited has purchased a land parcel in Kurla, Mumbai, INR 193.5 crore from Shri Aditya Finwealth Private Limited, according to property registration documents reviewed by Square Yards on the website of the Inspector General of Registration (IGR). The agreement was registered this month.

Kurla, located in the heart of Mumbai, is a commercial and residential hub with excellent connectivity to key business districts such as BKC, Andheri and Lower Parel.

The locality benefits from its strategic position along the Central and Harbour railway lines as well as proximity to the international airport and major roads like the Eastern Express Highway and the upcoming metro corridors.

With a mix of commercial and industrial estates, retail centres and residential developments, Kurla continues to reinforce its role as a vital growth corridor in the city.

According to IGR property registration documents reviewed by Square Yards, the transaction involves a land parcel spread across 15,985 sq m. The transaction also includes multiple buildings on the acquired land parcel with a total built-up area of 4,519 sq m.

The deal incurred a stamp duty of INR 11.61 crore and a registration fee of INR 30,000. Per the Development Plan 2034, the land parcel is categorised under the industrial land use.