+
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

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code