Two properties have been put on block by the Royal family firstly the Travancore House that’s located in Delhi and the second one is an open land in Bangalore.
The intending sellers are members of the Travancore Royal Family, descendants of Raja Ravi Varma. An agreement in this regards was carried out on October 21.
According to documents provided by Propstack.com the intending Sellers include the following members of Travancore Royal Family, all are represented by POA Holder Venugopal Varma. The sellers include, Bharani Thirunal Rukmini Bayi @Rukmini Varma, Bharani Thirunal Uma Bayi @Uma Varma, Makam Thirunal Lakshmi Bayi @Lakshmi Raghunandan Varma, Thiruvathira Thirunal Ambika Varma @Ambika Varma, Jay Gopal Varma, Radhika T Hormusjee, Rajeev Varma, Dr. Mahendra Varma, Sandhya Sankaran, Pradeep Varma Swapna Varma, Vijendra Varma, Venugopal Varma, Swathi Thirunal Sobhana Varma @Sobhana, Revathi Thirunal Balagopal Varma @Balagopal Varma, Punartham Thirunal Sreekumara Varma @Sreekumara Varma, Pooram Thirunal Devika Varma @Devika Radhakrishnan.
The intending buyer is M/s. Sahana Real Estate & Builders represented by its Proprietor S. Elayaraja, based out of Chennai.
The two properties include
- Undivided half share in all that piece and parcel of lands admeasuring an total extent of 8.195 Acres together with the Bungalow situated thereon, known as “Travancore House”, Kasturba Gandhi Marg, New Delhi
- Residential Vacant Site admeasuring 208 sq mt. in SLN City, Doddamaranahalli Village, Bengaluru
First property which is a part of this transaction is the infamous “Travancore House” in New Delhi which used to be the former residence of the Maharaja of Travancore during the British Era. As mentioned in agreement, the property was temporarily given to Central Government at their request to house the soldiers of Territorial Army, then formed for the purpose of World War II.
Post WWII, the property and its adjacent places were handed over to Kerala State Government and till date is in control of Kerala State Government.
The second property is a vacant residential site in SLN City, Bangalore.
The intending buyer has promised to pay Rs 250 Crore out of which Rs 1 Crore has been paid in advance. The intending buyer is responsible to get NOC from Kerala State Government for the transfer of Travancore House in favor of the Travancore Royal Family for the purpose of this transaction.
The Buyer has 6 months to pay the remainder of the amount and procure the NOC from Kerala State Government for the transfer of Travancore House.
