KLJ Plasticizers purchases Rs 111 cr bungalow in Delhi

11 Feb 2022 CW Team

KLJ Plasticizers, a Market Leader in Plasticizers & Polymer compounds, has purchased a 2,000 sq yard bungalow in Vasant Vihar worth Rs 111 crore.

Birdie and Birdie realtors sold the bungalow, and the buyer paid Rs 6.66 crore stamp duty to the state government.

Vasant Vihar and Shanti Niketan are now preferred places for high net-worth individuals (HNIs) looking for bungalows because large plots are available with fewer restrictions, compared to Lutyens' Delhi.

Recently, Anil Gupta, chairman and managing director of cable and wire maker KEI Industries, also purchased a 2,000 sq yard property in Shanti Niketan, worth Rs 140 crore.

Santhosh Kumar, Vice-Chairman, Anarock Group told the media that during the pandemic, many big transactions took place in the high-profile locations. He said that being an exclusive location, Vasant Vihar receives many demands for luxury homes.The area is home to prime industrialists and other HNIs, who have shown an increased preference for independent homes.

Established in 1967, KLJ is the biggest producer and the Market Leader in Plasticizers & Polymer compounds in South Asia.

Image Source

Also read: Chandler & Price buys Rs 93 cr Laburnum house in South Mumbai

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..