This Delhi house located in Vasant Vihar was sold for Rs 86 crore, recently.

Documents accessed by SquareFeatIndia, provided by Zapkey, show that the deal was signed on September 18, this year.

The total consideration for the house is Rs 86 Crore.

The buyer is Laxmi Devi Agarwal wife of Devkinandan Agarwal (Promoters of GR Infraprojects, a listed company with 10,000 cr+ market cap).

So here is the Nehru connection. The sellers had a connection to the first Prime Minister of India, Jawaharlal Nehru. The sellers are Jaideep Singh and Alok Singh (S/o of Late Tarlok Singh- member of planning commission and first private secretary to Jawaharlal Nehru).

A stamp duty of Rs 4.3 Crore was paid for the registration of the deal.

Also Read: Everest Group’s Sanjeev Buys Worli Home For Rs 73.5 Cr

You May Also Like

MahaRERA Clarifies Approval Process for Promoter Rights and Liabilities

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has clarified that promoters can change their organizational structure without needing prior consent from two-thirds of allottees. This move, stemming from Circular Nos. 24/2019 and 24A/2021, aims to streamline processes and enhance operational efficiency in the real estate sector while ensuring that allottee rights remain protected.

Flex Stock in Tier-2 Cities Hits ~9 Mn Sq Ft, Accounts for 9% of India’s Total

Tier-2 cities now account for 9% of India’s flex office stock at nearly 9 Mn sq ft, as companies and GCCs expand into cost-efficient, high-growth urban markets, according to Vestian.

Bombay HC dismisses all writ petitions challenging MHADA’s cluster redevelopment of Adarsh Nagar (Worli) and Bandra Reclamation layouts.

Bombay HC has dismissed petitions filed by co-operative societies, clearing MHADA’s path for integrated cluster redevelopment of Adarsh Nagar and Bandra Reclamation layouts in larger public interest.

Soft possession without OC is not lawful possession: MahaREAT rules in favour of homebuyer

In a major win for homebuyers, MahaREAT has ruled that “soft possession” without an Occupation Certificate does not count as lawful possession under RERA.