Lutyens’ Zone : Anushka Singh buys bungalow for ₹477 crore

Must Read

President Ram Nath Kovind appoints new governor for Kerala, Telangana, Himachal Pradesh and Maharashtra

President Ram Nath Kovind appointed new governors for Maharashtra, Kerala, Telangana, Rajasthan, and Himachal Pradesh on Sunday. https://twitter.com/ANI/status/1168037199767457792 Former Union Minister Kalraj...

NRC list for Assam released; Fear looms as 19 lakh people face exclusion

NRC (National Register of Citizens) for Assam has been published at 10 am today. The final list excludes over...

Lateral Entry Era Begins as Union govt. appoints 9 professionals to Joint Secretary posts

The government has appointed its first batch of private professionals to the post of Joint Secretary in various ministries....
Kunwar Prithvi Singh Chauhan
Part time journalist, full-time observer. Editor-in-Chief at The Indian Wire. I cover updates related to business and startups.

Delhi’s Lutyens’ Zone has now become a synonym for the costliest real estate deals in the country, or probably in Asia continent. In another such move, Anushka Singh, granddaughter of DLF chairman KP Singh, has bought a bungalow on the famous Prithviraj Road for ₹477 crore, making it the costliest deal in the city for an individual property.

The bungalow on Prithviraj Road in Lutyens’ Zone is spread over 7.143 square metre area including 780 meters of built up area. The bungalow was first owned by the family of late Air Chief Marshal Pratap Chandra Lal.

The sale deed shows that the deal was done at a price of ₹6.36 lakh per square meter. The price is after deducting 22 crore for the stamp duty. The stamp duty was paid by the seller. According to experts, the deal was finalised at a price lesser than the existing circle rate for properties in this locality.

This is however, not the first time that someone in the family of KP Singh has made such huge acquisition. In a deal that took place last year, KP Singh’s daughter, Renuka Talwar had bought a 1,189-sq-metre bungalow on a 4,925-sq-metre plot. The deal was finalised at ₹8.8 lakh per square meter and the total value of the transaction was ₹435 crore.

DLF Chairman, KP Singh himself owns 2 bungalows on APJ Abdul Kalam Road.

Anushka Singh is the grand daughter of KP Singh and daughter of DLF’s vice-chairman Rajiv Singh. Anushka is married to Arjun Bhatia, son of Jubilant Bhatia Group Founder Hari S Bhatia.

Lutyens’ Bungalow Zone covers the 3000-acre area and it is spread over 28.73 square kilometres. It houses 1000 bungalows and out of them, only 70 bungalows are privately owned by corporates and individuals. Rest all the bungalows are reserved for politicians, ministers and other government officials.

- Advertisement -

Latest News

Drashti Dhami and Sanaya Irani are ultimate buddies, Check out photos

Drashti Dhami and Sanaya Irani are one of the closet buddies in film industry. Both have worked and stayed...

Japan PM Shinzo Abe to meet Iran’s President Hassan Rouhani

Following the rising tensions in the Middle-East after an attack on the oil facilities in Saudi Arabia. Japanese Prime Minister Shinzo Abe is set...

Spain rejects US extradition request for Venezuela’s top spy Hugo Carvajal

Spain's top court has denied an extradition request by the United States and has ordered the release of Venezuela's former spy chief, Hugo Carvajal. Carvajal...

Borderlands 3 cloud-save hotfix coming soon

Borderlands 3 made its first appearance at E3 2019 during Microsoft’s press conference on June 9. After months of anticipation, Borderlands 3 finally released on PC, PS4 and Xbox One on September 13th. But it seems like...

Radhika Apte makes a Classy appearance at IIFA Rocks 2019

Radhika Apte is an Indian film actress, who is popularly known for her intellectual roles and passionate acting in the movies. She has worked...
- Advertisement -

More Articles Like This