+
Luxurious Nizamuddin bungalow fetches whopping Rs 620 million
Real Estate

Luxurious Nizamuddin bungalow fetches whopping Rs 620 million

In a remarkable real estate transaction, the director of a manufacturer of interdental brushes has acquired an opulent bungalow in the affluent Nizamuddin locality of Delhi for a staggering Rs 617 million, as per sale deed records.

Spanning an expansive 10,000 square feet across the ground, first, and second floors, the bungalow's built-up area showcases luxurious living at its finest. The plot encompasses 873 square yards, and the buyer, Renu Khuller, a director at GlobalDent Aids, paid approximately Rs 30 million as stamp duty. The sellers, Bharat and Janak Garg, finalised the sale of this exquisite property.

This deal is considered one of the most high-priced transactions in Nizamuddin East, reflecting a per square foot rate of around Rs 62,000, as stated by Pradeep Prajapati, the founder and CEO of Weathvisory Capital.

Officially registered on July 13, 2023, this transaction underscores the allure of luxury real estate in prestigious neighbourhoods, where buyers are willing to invest substantial sums for exclusive living spaces.

In a remarkable real estate transaction, the director of a manufacturer of interdental brushes has acquired an opulent bungalow in the affluent Nizamuddin locality of Delhi for a staggering Rs 617 million, as per sale deed records.Spanning an expansive 10,000 square feet across the ground, first, and second floors, the bungalow's built-up area showcases luxurious living at its finest. The plot encompasses 873 square yards, and the buyer, Renu Khuller, a director at GlobalDent Aids, paid approximately Rs 30 million as stamp duty. The sellers, Bharat and Janak Garg, finalised the sale of this exquisite property.This deal is considered one of the most high-priced transactions in Nizamuddin East, reflecting a per square foot rate of around Rs 62,000, as stated by Pradeep Prajapati, the founder and CEO of Weathvisory Capital.Officially registered on July 13, 2023, this transaction underscores the allure of luxury real estate in prestigious neighbourhoods, where buyers are willing to invest substantial sums for exclusive living spaces.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code