+
Sunder Nagar Bungalow Sold for Nearly Rs.100 Crore in High-Profile Deal
Real Estate

Sunder Nagar Bungalow Sold for Nearly Rs.100 Crore in High-Profile Deal

A luxury bungalow in Sunder Nagar, one of central Delhi's most coveted residential areas, has been sold for approximately Rs.960 million in a significant real estate transaction. The property, owned by Sunil and Ravi Sachdev, spans around 900 square yards. Real estate consultant CBRE facilitated the deal, though both the sellers and CBRE declined to comment.

Sunder Nagar is known for attracting high-profile residents, including top lawyers, judges, bureaucrats, and businessmen, making it one of Delhi’s most desirable addresses.

The sale highlights the growing demand for luxury properties in Delhi and across India. According to a recent CBRE report, sales of luxury homes priced Rs.400 million and above surged by 38% between January and September 2024 across seven major cities. Delhi-NCR led the way, recording 5,855 luxury home sales in this period, up from 3,410 units a year earlier.

This sale is a continuation of the rising trend in high-end real estate transactions in South and Central Delhi, which have seen several large deals in recent years.

A luxury bungalow in Sunder Nagar, one of central Delhi's most coveted residential areas, has been sold for approximately Rs.960 million in a significant real estate transaction. The property, owned by Sunil and Ravi Sachdev, spans around 900 square yards. Real estate consultant CBRE facilitated the deal, though both the sellers and CBRE declined to comment. Sunder Nagar is known for attracting high-profile residents, including top lawyers, judges, bureaucrats, and businessmen, making it one of Delhi’s most desirable addresses. The sale highlights the growing demand for luxury properties in Delhi and across India. According to a recent CBRE report, sales of luxury homes priced Rs.400 million and above surged by 38% between January and September 2024 across seven major cities. Delhi-NCR led the way, recording 5,855 luxury home sales in this period, up from 3,410 units a year earlier. This sale is a continuation of the rising trend in high-end real estate transactions in South and Central Delhi, which have seen several large deals in recent years.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code