Mumbai, Maharashtra, 13th of May, 2025 : ILP 4 India 1 Private Limited has purchased a land parcel in the Kurla, Mumbai for Rs. 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) https://igrmaharashtra.gov.in. The agreement was officially registered in May 2025.
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 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 reinforcing its role as a vital growth corridor in the city.
According to IGR property registration documents reviewed by Square Yards, the transaction, valued at Rs. 193.5 crore, involves a land parcel spread across 15,985 square meters (~1.60 hectares/~3.95 acres). The transaction also includes multiple existing buildings on the acquired land parcel with a total built-up area of ~4,519 sq. m (~48,641 sq. ft).
The deal incurred a stamp duty of Rs. 11.61 crore and a registration fee of Rs. 30,000. As per the Development Plan 2034, the land parcel is categorized under the industrial land use.
ILP 4 India 1 Private Limited is a private infrastructure and construction company incorporated in 2019 under the Companies Act, 2013. ILP 4 India 1 is engaged in the Real Estate and Construction Industry. Shree Aditya Finwealth Private Limited is a private, unlisted, non-government company incorporated on 28th January 1955. With a legacy spanning over 70 years, it has been primarily engaged in the finance sector. The company remains actively operational to date.
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