Rajan Mittal buys Rs 85 cr property in Delhi's Shanti Niketan

shanti niketan, delhi, lutyens, south delhi, lutyens delhi, vasant vihar, Rajan Bharti Mittal

Rajan Bharti Mittal, vice-chairman and managing director of Bharti Enterprises, has bought a 1,200-square yard property at Delhi’s Shanti Niketan for around ₹85 crore, two people aware of the deal said. The deal was registered on September 9, with four different owners selling their share of the plot to Mittal. The property, spread over nearly 10,000 square feet, is near the consulates, Lutyens zone, airport and major business districts, and was bought at a rate of ₹7.5 lakh per square yard.

There has been a spate of high-value transactions in Lutyens’ Delhi and South Delhi since the lockdown was lifted in May last year, with entrepreneurs and ultra-high-net-worth individuals (HNIs) looking for bigger homes in Delhi’s ritzy colonies. “Shanti Niketan is preferred by HNIs as it is closer to Lutyens Delhi and property here can be redeveloped as it comes under South Delhi. Buyers can construct up to four floors, which is not allowed in Lutyens Delhi,” said Pradeep Prajapati, head of luxury residential services at IQI India.

A mailed query to Bharti Enterprises remained unanswered.

Experts believe the scarcity of such properties available for outright sale near the Lutyens zone, coupled with increasing demand for such bungalows, will ensure that prices remain high despite market fluctuations in other parts of Delhi.

Last fiscal, demand for ultra-luxury properties Vasant Kunj, Vasant Vihar, Golf Links, Sunder Nagar and Shanti Niketan was high, with 1,991 deals registered in the year compared with 1,780 in FY20.

Some of the latest transactions in South Delhi and Lutyens Delhi include those by JC Chaudhary, the founder of Aakash Educational Services Ltd.

He bought a 5-acre farmhouse in South Delhi for ₹96 crore, and another bungalow in Vasant Vihar.

Sunil Vachani, chairman of Dixon Technologies, purchased a 1,250-square yard bungalow in Golf Links for about ₹170 crore.

Internet Explorer Channel Network
News Related

OTHER NEWS

Snoop Dogg pays tribute to his ‘angel' late mother: ‘Mama thank you for having me'

Snoop Dogg pays tribute to his late mother (Snoop Dogg/ Instagram) Snoop Dogg has announced the death of his mother Beverly Tate. In a post shared on social media on ... Read more »

U.S. freezes aid to Sudan over military coup

The Biden administration has frozen a $700 million aid package to Sudan after a military coup on Monday threatened to end the country's transition toward democracy. Driving the news: At ... Read more »

‘An Angel for a Mother': Snoop Dogg Mourns the Loss of His Mother with Heartfelt Post on Social Media

Prayers and condolences go out to the family of rapper Snoop Dogg who recently revealed his mother, Beverly Tate, passed away following a battle with an undisclosed medical issue after ... Read more »

UPDATE: Aiken County 12-year-old boy located after being reported missing

Oct. 25—A 12-year-old boy from Aiken who was reported missing Monday afternoon has been located, according to the Aiken County Sheriff's Office. Darrell McKelvin was reported last seen by his ... Read more »

Police release the identify of suspect, murder weapon used in Edgefield County homicide

Oct. 25—A suspect has been named and additional details have been released following the discovery of a dead body in Edgefield County. Austin Hunter Randolph, 29, was arrested in connection ... Read more »

Rexy kembali ke pangkuan BAM

© Provided by Sinar Harian PAKAR beregu Indonesia, Rexy Mainaky akan kembali berada dalam barisan kejurulatihan skuad negara selepas Persatuan Badminton Malaysia (BAM) melantiknya sebagai timbalan pengarah kejurulatihan badan induk ... Read more »

KPPK rancang selaras data sektor komoditi menerusi data raya

© Provided by Sinar Harian KUALA LUMPUR – Kementerian Perusahaan Perladangan dan Komoditi (KPPK) sedang menyelaras data penting industri di bawahnya dengan memanfaatkan data raya berpusat bagi memaksimumkan sumber negara. ... Read more »

Anti-vaxx marchers shut down Brooklyn Bridge to protest vaccine mandate

© Getty Images People march across the Brooklyn Bridge to protest the Covid-19 vaccine mandate for municipal workers on October 25, 2021 in New York City – Getty Images Hundreds ... Read more »

Why your credit card company wants to give you crypto

© Velishchuk/iStock Mastercard is making it easier for credit card holders to earn rewards in bitcoin. Cryptocurrency was first created as an alternative to traditional financial institutions. Now, it’s gone ... Read more »

Pair of Michael Jordan's basketball shoes have sold at auction for more than £1million

A PAIR of Michael Jordan’s basketball shoes have sold at auction for more than £1million. The Nike Air Ships, from the Chicago Bulls star’s 1984 season, set the record for ... Read more »

Saturday Night Live's Colin Jost Just Broke A Major Weekend Update Record

© Provided by CinemaBlend Colin Jost hosting Weekend Update on SNL SNL head writer Colin Jost has been hosting Weekend Update alongside Michael Che for some time now. He started ... Read more »

The World's Tallest and Longest Single-rail Roller Coaster Is Coming to Six Flags Magic Mountain

Thrill seekers in California will soon be able to ride the world’s tallest and longest single-rail coaster when Six Flags Magic Mountain opens its record-breaking ride next year. © Provided ... Read more »

The Best Clay Masks Remove Impurities and Restore Skin Like No Other Skincare Product

© Courtesy of Amazon Guys, if you haven’t discovered clay masks, you’re choosing to live with inferior skin. Like a lot of skincare trends, the use of natural ingredients such ... Read more »

Paediatric doctors prepare for US child jab rollout

Paediatric doctors could soon implement a US government plan to get some 28 million school-aged children in line for their coronavirus jabs. © Getty Images Advisory boards to the Food ... Read more »

Thrill-seekers Can Kite Ski Through a Snow-covered Forest in Utah This Winter

© Provided by Travel + Leisure Jon Hicks/Getty Images Utah is already a well-known winter heaven for skiers and snowboarders thanks to its endless powder and world-class resorts. But, if ... Read more »

United Airlines says its unvaccinated pilots are costing the carrier nearly $3 million a month

© Provided by Business Insider United Airlines pilots walk through Newark Liberty International Airport Niall Carson – PA Images/Getty Images United Airlines said its unvaccinated pilots are costing the company ... Read more »

This Anti-aging French Face Oil Makes an 'Incredible' Difference Within a Week

Some of France’s national icons are obvious: There’s the Eiffel tower, the concept of “liberté, égalité, fraternité,” and croissants, crepes, and stinky cheese, to name just a few. But one ... Read more »

Peter Andre 'calls in lawyers over claims made in Katie Price's book'

© Provided by Daily Mail MailOnline logo Peter Andre has reportedly called in lawyers over claims made in his ex-wife Katie Price‘s new book, Harvey & Me. According to The ... Read more »

Motorist options: PMVIC or emission centers for testing

© Facebook photo Motorist options: PMVIC or emission centers for testing MANILA, Philippines — Motorists will not be forced to have their vehicles inspected before registration in the new and ... Read more »

Princess Diana's friends say she would be ‘horrified' by Spencer biopic: ‘She's seen as this kind of martyr'

A number of Princess Diana’s friends recently said that the late royal would be “horrified” by her portrayals in pop culture, including in the forthcoming film Spencer. In a recent ... Read more »

Kristen Stewart's Response to Homophobic 'Eternals' Haters Is Perfect

kristen-stewart-defends-eternals-gay-superhero-phastos-marvel-studios-mcu-chloe-zhao-brian-tyree-henry.jpg Kristen Stewart has no time for haters of the new gay superhero in Marvel’s upcoming Eternals. On Variety’s The Take, Stewart was talking with host Clayton Davis about the ... Read more »

92 kematian baharu Covid-19 dilaporkan

© Provided by Free Malaysia Today 11 korban baharu Covid-19 dilaporkan diklasifikasikan sebagai kematian di luar hospital. PETALING JAYA: Kementerian Kesihatan melaporkan sebanyak 92 kes kematian Covid-19 semalam, menurut perincian ... Read more »

Kranti Redkar on NCB's Sameer Wankhede's controversies: They cannot digest an honest officer

© Provided by Pinkvilla Kranti Redkar, who is a well-known face in the Marathi industry, is also the wife of NCB’s Zonal Director, Sameer Wankhede. For the unversed, Wankhede is ... Read more »

Police Had Hidden Cameras Watching Brian Laundrie's Home Before He Went Missing

© Photo: Twitter / YouTube Brian Laundrie House Florida police reportedly had Brian Laundrie’s home under video surveillance early on in the investigation into Gabby Petito’s disappearance. This news comes ... Read more »

Facebook Q3 Earnings: Mark Zuckerberg responds to massive document dump

CEO Mark Zuckerberg kicked off Facebook’s quarterly earnings call by addressing the latest wave of coverage based on a trove of leaked internal documents on Monday. © Saul Loeb/AFP/Getty Images ... Read more »

New coalition of federal employees sues Biden over vaccine mandate

More than 50 federal employees from across the U.S. government have banded together to sue the Biden administration over coronavirus vaccine mandates, according to court documents. © Provided by Washington ... Read more »

Cambodia says 45 items in Met likely stolen from ancient sites

Cambodian officials are calling on the Metropolitan Museum of Art to explain how it came to acquire dozens of Khmer Empire antiquities that they believe were looted from the country ... Read more »

Two Words From Taiwan's Leader Threaten to Upend U.S.-China Ties

(Bloomberg) — Saying that China and Taiwan are “not subordinate” to each other might seem obvious, since they’ve been locked in an unresolved civil war for decades. But Taiwan’s use ... Read more »

Using Cape Town as a launchpad, Russia boasts of supergiant oil fields in Antarctic wilderness

As Antarctic Treaty nations release the new Paris Declaration, a brand-new climate manifesto, Daily Maverick can reveal this international investigation: Russia has combed the fragile Southern Ocean for oil and ... Read more »

Assistant director of Baldwin film fired after 2019 mishap

SANTA FE, N.M. (AP) — The assistant director of the movie that Alec Baldwin was making when he fatally shot a cinematographer was fired from a previous job in 2019 ... Read more »

Nordstrom Is Selling This Enchanting Advent Calendar & It's the Perfect Gift for Kids in Need of Holiday Magic

© Image: Media Punch/IPx; Design: Ashley Britton: SheKnows. ‘Tis the season of advent calendars, and Nordstrom keeps dropping amazing choices for children. If you want to go a little more ... Read more »

Nordstrom's Selling A FAO Schwarz Dinosaur Advent Calendar — & It's 25% Off Now

© Image: Kirby Lee/Associated Press; Design: Ashley Britton/SheKnows. It’s only October, but we’re already gearing up for one of the best seasons of the year — the holidays. Our favorite ... Read more »

Hochul's Health Dept. continues Cuomo-era stall in in releasing nursing-home COVID info

NY Gov. Kathy Hochul is proving no different than her disgraced predecessor when it comes to releasing key nursing-home COVID data. Kevin P. Coughlin/Office of the Governor Despite Gov. Kathy ... Read more »

Where you really need to store your important travel documents – and most people won't have thought of it

TRAVELLERS have revealed their best hack for staying safe abroad – and where you keep your travel documents could save you time and money. With Covid restrictions requiring people to ... Read more »

Adorable cat has rare birth defect – making her half black and half ginger

THIS cute cat could be excused for having an identity crisis — as her face is split perfectly into two colours. Luna has a rare birth defect, meaning she has ... Read more »

Pair charged in hammer attack pot robbery near Eagle Point

Oct. 25—Two northern California men face a string of felony charges surrounding a violent home invasion robbery at an illicit marijuana grow outside Eagle Point city limits. Vay San Duong, ... Read more »

Manager charged in alleged Grants Pass massage parlor prostitution ring

Oct. 25—A Grants Pass woman is facing a felony prostitution charge accusing her of running an illicit massage business in Northeast Grants Pass. The Josephine County District Attorney's Office charged ... Read more »

Prosecutor seeks to dismiss criminal case against Groveland Four

More than 70 years after four young Black men — known now as the Groveland Four — were wrongly accused of raping a white teen girl in Lake County, State ... Read more »

Armed man enters convenience store to rob it — but worker shoots him, Texas sheriff says

A gas station employee halted a would-be armed robbery in Texas, officials said. Two people entered a convenience store with a get-away vehicle ready on Monday in Houston, the Harris ... Read more »

Watch Sean Paul Write The Catchiest Jingle For Coconuts In Under 10 Seconds

Sean Paul put his free styling skills to the test in a brand new episode of”Jingle Challenge,” the Delish video series that challenges singers and songwriters to write a catchy ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic