L&T Sector 86 Gurgaon | Price, RERA & Launch Status
At a glance Project L&T Sector 86, New Gurugram — no launch name announced Developer L&T Realty Properties Limited, part of Larsen & Toubro Land 19.974 acres across Sector 81 and Sector 86, Gurugram How it was bought 100% share purchase of International Green Scapes Limited Consideration Rs 1,123 crore, all cash Deal dates Announced 10 April · completed 13 April Licences Three licences from the Department of Town and Country Planning, Haryana, for residential development Development potential About 3.6 million sq ft Expected product Premium / luxury high-rise, 3 and 4 BHK HARERA registration None yet — the project is pre-launch Price Not announced Possession Not announced What L&T actually bought The deal was not a plain land sale. L&T Realty Properties Limited acquired the entire shareholding of International Green Scapes Limited, a Delhi company whose main asset was the Gurugram land. Buying the company rather than the acres is normal in Haryana, because the DTCP licences sit with the licensee — transfer the shares and the licences travel with them, instead of going back into a fresh approval queue. Three things in that structure matter to a buyer: The licences already exist. The land is licensed for residential development, so L&T starts from building plans and RERA rather than from a change-of-land-use application. The money is already spent. Rs 1,123 crore went in before a single flat was sold. Most of the stalled towers in this belt were funded the other way round — with buyers\' money first and land payments later. The holding straddles two sectors. 19.974 acres across Sector 81 and Sector 86. Nobody has said publicly which acres become which project, so a pitch labelled \"Sector 86\" may or may not describe the parcel being shown to you. Ask for the licence number and check it against the sector. What is confirmed, and what is being sold to you Worth being blunt about this, because the gap is wide: Claim you will see What the record supports \"3 & 4 BHK luxury homes\" A reasonable expectation from the land cost and L&T\'s positioning. Not published by the developer. \"20-acre gated community in Sector 86\" 19.974 acres, and it spans Sectors 81 and 86. The split has not been disclosed. A per-sq-ft rate or a starting price Nothing announced. Every figure in circulation is a broker estimate. \"Possession August 2030\" Unsourced. A possession date only becomes real on the HARERA registration. \"RERA: to be updated\" Accurate, and it means the project cannot be advertised, marketed, booked or sold yet. Under RERA, marketing an unregistered project is not a grey area — it is prohibited. So the correct answer to \"what is the price\" today is that there is no price, and the correct answer to \"can I book\" is no. Sector 86 — the address, and what it costs now Sector 86 sits in the Sector 81-86 township belt of New Gurugram, the stretch DLF, Vatika and Bestech built out along the old Pataudi Road side of NH-48. It is roughly 2.9 km from the Dwarka Expressway