Life Insurance Corporation of India (LIC) plans to undertake realty projects, both commercial and residential, across India. The insurer is looking at a real estate income of Rs 200 crore to Rs 300 crore.

LIC plans to invest Rs 2 lakh crore in the current fiscal, out of which 15 per cent would be in infrastructure projects.

LIC is at a premium income of Rs 176,000 crore during the current fiscal and aims at 18 per cent to 19 per cent growth in the next fiscal.