What L&T Realty's Sector 86 Gurugram EOI window means for buyers

An expression-of-interest window opens for L&T Aravista

L&T Realty is taking expressions of interest for L&T Aravista, a residential project in Sector 86 of New Gurgaon, Gurugram. Buyers can register interest with a payment of ₹10 lakh, subject to KYC. The project marks the developer's first residential venture in Gurugram and its first land acquisition in the National Capital Region, and the EOI stage follows a land transaction that was completed earlier this year.

The first phase is reported to open three towers, with pricing for that phase circulated through a broker channel. Starting prices are reported at around ₹4.75 crore, excluding taxes and other charges. An expression of interest at this stage secures a place in the queue. It is not a purchase, since the project's registration under the Haryana Real Estate Regulatory Authority is still in process and no allotment or builder-buyer agreement has been issued.

Project details and the land behind it

The project sits on land that L&T Realty secured through its acquisition of International Green Scapes Limited. The parent company, Larsen & Toubro, announced a 100 per cent stake purchase through its subsidiary L&T Realty Properties Ltd for ₹1,123 crore in cash. The agreement was signed on April 10, 2026, and completed on April 13, 2026, making the target company a wholly owned subsidiary. The holding covers nearly 20 acres across Sectors 81 and 86, earmarked for residential development under licences issued by the Department of Town and Country Planning, Haryana. The company has put the development potential of the acquired land at approximately 3.6 million sq ft.

Key facts for prospective buyers on the Sector 86 launch:

• Configurations: 3 BHK and 4 BHK homes, with sizes in the range of 2,500 to 4,000 sq ft
• Phase 1 layout: three towers, with the first phase built around a three-level basement and a large share of open green space
• Starting price: around ₹4.75 crore, excluding taxes and charges, as circulated for Phase 1
• Booking amount: ₹10 lakh EOI with KYC
• RERA status: application filed, registration number awaited

Buyers reviewing the offer should look closely at the full cost sheet when it is released. It is expected to cover preferential location charges, parking, club membership, and external and internal development charges, alongside the final payment plan.

Location and access

Sector 86 lies within New Gurgaon, a part of the city where residential development has spread across several sectors in recent years. The site sits at the junction of the Dwarka Expressway and the SPR corridor. National Highway 48 provides road access linking New Gurgaon with Delhi, central Gurugram and Manesar. Demand in the city is increasingly being driven by high-end residences and integrated townships, particularly along Golf Course Extension Road and the Dwarka Expressway, which has made these corridors the focus of premium residential planning.

About L&T Realty

L&T Realty operates through L&T Realty Properties Ltd, the vehicle Larsen & Toubro has chosen to consolidate its real estate business. The company currently holds more than 70 million sq ft of development potential and aims to reach roughly 150 million sq ft by 2031. Its recent activity includes the acquisition of land rights in Mumbai's Lower Parel for ₹448 crore and the complete sell-out of its first residential project in Chennai.

The company plans residential projects worth around ₹25,000 crore across Mumbai, Bengaluru and the National Capital Region in the second half of FY27, according to comments from CEO and Managing Director Anupam Kumar. The Gurugram launch is part of a broader plan to more than double the development portfolio over the next five years.

What comes next

The next milestone for L&T Aravista is the RERA registration number, which has no announced issue date. Once it is granted, the final payment plan and unit allotment are expected to follow. The broker source has said it will update its project page after registration is issued.

Prospective buyers are advised to confirm the project registration, approved layout, carpet area and declared completion date directly on the Haryana RERA website before committing funds. Payments should be made only into the developer's own account, refund terms should be obtained in writing, and every receipt should be kept on file. Most of L&T Realty's launches are scheduled from October onward, with two planned in the Delhi-NCR region, which makes the Gurugram timeline one to track through the coming months.