Shobha Aggarwal buys 1,000 sq m bungalow for Rs 80 cr in Delhi
Real Estate

Shobha Aggarwal buys 1,000 sq m bungalow for Rs 80 cr in Delhi

Shobha Aggarwal, a partner at Viney Equity Market Limited Liability Partnership (LLP), has bought a 1,000 sq m bungalow for Rs 80 crore in West End, South Delhi.

Ashok Kumar Mehra of Mehrasons Jeweller has sold the bungalow. South Delhi had witnessed high-value transactions after the reopening of the registry office.

West End is a boutique colony of Delhi that has less than 100 plots, which has a lot of demand from buyers.

Moreover, KLJ Plasticizers has bought a 2,000 sq yard bungalow in Vasant Vihar, South Delhi, for Rs 111 crore.

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

South Delhi has become an ideal destination for housing and bungalow due to the large availability of plots and fewer restrictions.

Chairman and Managing Director of KEI Industries, Anil Gupta, bought a 2,000 sq yard property in Shanti Niketan, Delhi, for Rs 140 crore.

Vice-Chairman and Managing Director of Bharti Enterprises, Rajan Bharti Mittal, bought 1,200 sq yard property in Shanti Niketan, Delhi, for Rs 85 crore.

In FY21, the demand for ultra-luxury properties had increased in South Delhi, with 1,991 deals registered, compared to 1,780 in FY20.

Real estate transactions in South Delhi and Lutyens Delhi includes those by the founder of Aakash Educational Services Limited, J C Chaudhary. He bought 5 acres of a farmhouse for Rs 96 crore and a bungalow in Vasant Vihar.

The real estate sector in Maharashtra has witnessed a positive impact due to the waiver of the stamp duty in Mumbai and Pune.

Image Source

Also read: KLJ Plasticizers purchases Rs 111 cr bungalow in Delhi

Shobha Aggarwal, a partner at Viney Equity Market Limited Liability Partnership (LLP), has bought a 1,000 sq m bungalow for Rs 80 crore in West End, South Delhi. Ashok Kumar Mehra of Mehrasons Jeweller has sold the bungalow. South Delhi had witnessed high-value transactions after the reopening of the registry office. West End is a boutique colony of Delhi that has less than 100 plots, which has a lot of demand from buyers. Moreover, KLJ Plasticizers has bought a 2,000 sq yard bungalow in Vasant Vihar, South Delhi, for Rs 111 crore. Birdie and Birdie realtors sold the property, and the buyer paid Rs 6.66 crore as stamp duty to the state government. South Delhi has become an ideal destination for housing and bungalow due to the large availability of plots and fewer restrictions. Chairman and Managing Director of KEI Industries, Anil Gupta, bought a 2,000 sq yard property in Shanti Niketan, Delhi, for Rs 140 crore. Vice-Chairman and Managing Director of Bharti Enterprises, Rajan Bharti Mittal, bought 1,200 sq yard property in Shanti Niketan, Delhi, for Rs 85 crore. In FY21, the demand for ultra-luxury properties had increased in South Delhi, with 1,991 deals registered, compared to 1,780 in FY20. Real estate transactions in South Delhi and Lutyens Delhi includes those by the founder of Aakash Educational Services Limited, J C Chaudhary. He bought 5 acres of a farmhouse for Rs 96 crore and a bungalow in Vasant Vihar. The real estate sector in Maharashtra has witnessed a positive impact due to the waiver of the stamp duty in Mumbai and Pune. Image Source Also read: KLJ Plasticizers purchases Rs 111 cr bungalow in Delhi

Next Story
Infrastructure Urban

Honeywell Unveils AI Tools to Enhance Green Hydrogen Efficiency

"Honeywell has introduced Honeywell Protonium, a comprehensive suite of advanced technologies driven by artificial intelligence (AI) and machine learning (ML), aimed at improving the efficiency, scalability, and cost-effectiveness of green hydrogen production. The technology is designed to address key industry challenges such as power intermittency, high production costs, and carbon intensity, thereby facilitating the wider adoption of clean hydrogen as a sustainable energy source.The first deployment of Honeywell Protonium will take place at Aternium, a US-based large-scale clean hydrogen pro..

Next Story
Infrastructure Transport

NHAI Plans Link Road for Expressway Access

The National Highways Authority of India (NHAI) is evaluating the construction of an 18 km road to connect the Bengaluru-Chennai Expressway, within Karnataka, to the Bengaluru-Kolar Highway (NH 75). This strategic link is aimed at improving connectivity for motorists travelling towards the Andhra Pradesh border, including destinations like Chittoor and Tirupati. Currently, a 68 km section of the expressway — from Hoskote to Bethamangala near Kolar Gold Fields (KGF) — is operational. However, due to the absence of seamless end-to-end connectivity, users are forced to navigate through narr..

Next Story
Infrastructure Transport

Bengaluru to Get 40-Km Signal-Free Transit Corridor

In a major push to modernize Bengaluru’s transport infrastructure, the Karnataka Government has approved the construction of a 32.15 km double-decker flyover with a metro line along the city’s Outer Ring Road. This transformative initiative aims to ease the daily commute for thousands and provide lasting relief from the city's chronic traffic congestion. In tandem, an additional 8 km elevated stretch will be constructed on Magadi Road as part of Namma Metro’s Phase III expansion. Together, these projects will add over 40 km of new, signal-free metro routes—making daily travel faster, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?