In the Gurugram real estate market, the battle of exaggerated promises has been a constant affair. However, recent developments, including L&T Realty's entry into the New Gurgaon market, are taking centre stage. For years, L&T has been the mainstay of infrastructure development in India.
Now, with the huge ₹1,123 crore all-cash land acquisition in Sector 86, the engineering company is taking its first big step into the world of housing in the National Capital Region (NCR).
It is not just another launch of a real estate project; it is expected to set new benchmarks in luxury living in a market. It has largely seen the presence of local players to date.
In case you are a potential buyer in search of a balance between strength and luxury or an investor keeping tabs on the growth corridor of Dwarka Expressway. This complete plan reveals everything you should be aware of before writing out that check.
L&T Realty was established in 2011 as a real estate company under the group name Larsen and Toubro. At the moment, the firm operates from Mumbai, Navi Mumbai, NCR, Bengaluru, Hyderabad, and Chennai.
Apart from this, the developer is a major international conglomerate from India with more than 75 years of experience in the areas of technology, engineering, construction, manufacturing, and financial services.
The portfolio of the employer includes a total area of 6.50 million square meters, spread across residential, commercial, and retail complexes. The company strives to establish landmarks of excellence and develop pride within each customer.
Due to their commitment and introduction of digitization in the strategy, the company has managed to develop a reputation for keeping its word. Its products have been advertised in more than 30 countries across the globe.
It uses the strong infrastructure and standards of the parent organization for urban housing and commercial spaces. It has helped more than 20,000 families and focuses on digitally driven project management and sustainable buildings
| Particular | Details |
|---|---|
| Developer | L&T Realty |
| Location | Sector 86, New Gurgaon |
| Project Size | Approx. 20 acres |
| Total Residences | Approx. 900 |
| Phase 1 | Approx. 450 residences, 3 towers |
| Towers | 7 high-rise towers |
| Structure | G+37 floors |
| Configurations | 3, 4 & 5 BHK |
| 3 BHK Sizes | Approx. 2,490 & 2,730 sq. ft. |
| 4 BHK Sizes | Approx. 3,490 & 4,045 sq. ft. |
| 5 BHK | Planned in the next phase |
| Indicative Rate | Approx. ₹20,000/sq. ft. |
| 3 BHK Indicative Price | ₹4.98 Cr – ₹5.46 Cr |
| 4 BHK Indicative Price | ₹6.98 Cr – ₹8.09 Cr |
| Clubhouse | Approx. 70,000 sq. ft. |
| Central green | Approx. 5 acres |
| EOI | ₹10 lakh |
| Expected Delivery | Expected in the year 2031 |
| Launch | 2026 |
Welcome to the new project by L&T Realty, which is a premium project situated in Sector 86 of New Gurgaon. This luxurious project has been constructed by L&T Realty, which is a construction company that builds luxurious houses.
The residential project spreads over a 20-acre land parcel and features an elegant seven high-rise tower. It is planned to optimise views of the surrounding greenery and coming with two phases. The first phase covers 3 high-rise towers with only 450 units and ensures abundant daylight on every floor.
Apart from this, it is a thoughtfully planned 3.6 Mn sq. ft. development offering urban infrastructure. It offers 3, 4 & 5 BHK premium apartments with a size range from 2490 to 4045 sq ft. It is also offering a four-to-a-core arrangement, which guarantees silence and privacy.
At L&T Sector 86, Gurgaon, you will get a luxury clubhouse with modern amenities. It also provides facilities such as a waterbody area, poolside area, fitness centre, modular kitchen, landscaped gardens, mini theatre, jogging track, kids’ play area, and advanced security systems.
Additionally, it is a pre-launch project, and the RERA registration with the RERA number is coming soon. The 70% area is dedicated to landscaped greens and open environments, and the possession date will be expected in August 2031.
On the whole, connectivity is great for Dwarka Expressway, National Highway, and KMP Expressway. The area is well-connected with schools, hospitals, shopping malls, and commercial areas too.
L&T Sector 86 is located in New Gurugram, right at the cross-section of all major arterial roads. The connectivity, such as NH-48, Manesar, the KMP Expressway, the Dwarka Expressway, and the Southern Peripheral Road.
The project offers premium connectivity to schools, hospitals, shopping malls and office spaces. It is just 30 mins from the IGI Airport, 15 mins from the Global City, and 25 mins from the Cybercity.
The residential project offers 3, 4 & 5 BHK luxury apartments with world-class amenities. Assuming that the price per sq ft is about ₹20,000, the costs would roughly be as below:
| Configuration | Size | Indicative Price |
|---|---|---|
| 3 BHK | 2,490 sq. ft. | ₹4.98 Cr |
| 3 BHK | 2,730 sq. ft. | ₹5.46 Cr |
| 4 BHK | 3,490 sq. ft. | ₹6.98 Cr |
| 4 BHK | 4,045 sq. ft. | ₹8.09 Cr |
| 5BHK { Penthouses } | 5,000 sq. ft. | Price on Request |
This implies that the gap between the two configurations of 3 BHK flats is around ₹48 lakhs. In the case of 4 BHK, the difference is approximately ₹1.11 crore.
This indicates that the size of the property is one of the key factors to consider while purchasing the property. It will not be appropriate for the buyer to make any comparison based on the headline price.
Therefore, the ₹20,000/sq. ft. rate should ideally be seen as indicative and not definitive in terms of the total cost involved.
Investment in L&T Sector 86 Gurugram is just perfect if you wish to get into the realm of luxurious real estate in the new city of Gurugram. It not only offers appreciation in the capital but also luxury because of the association with one of the most reliable conglomerates of India.
L&T Realty brings financial transparency and engineering acumen from an institutional perspective. This minimises the risks of execution and delivery that are usually posed by small developers.
The building has been constructed through the construction skills of L&T and the design of Hafeez Contractor. This makes it a high-quality structure and finish.
The involvement in the specific project during the pre-launch stage at a cost of about ₹20,000 per sq. ft. will offer the maximum price appreciation benefit. It is because of the past; in the case of the premium projects in Gurugram, there has always been a 15-25% appreciation post RERA registration & construction.
The New Gurugram region is transforming rapidly from affordable/mid-segment housing to ultra-premium/luxury projects. This project addresses an enormous gap in the market for luxury buyers in this particular region.
The particular development is situated at the exact location where NH-48, the Dwarka Expressway, and SPR (Southern Peripheral Road) meet.
The future infrastructural developments on SPR (e.g., the elevated road corridor), along with the link from SPR to the Sohna Road/Golf Course Extension Road, will definitely boost real estate prices in Sector 86 for the next 3-5 years.
The project has a very large piece of land measuring 20 acres, where it controls the density of buildings. It is providing more than 80% of the land for open space and landscaping.
The project includes a mega clubhouse of 70,000 sq. ft., 10-foot-wide running balconies, and 4 apartments per floor, with 7 high-speed lifts and a servant quarter for each apartment. The layout of the project is consistent with the best projects on Golf Course Extension Road or Dwarka Expressway.
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