Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20
BW Businessworld

Rajan Mittal Purchase Rs 85 Cr Property In Delhi

The deal was signed on September 9, with four distinct proprietors offering a lot of the plot to Mittal. The property, spread over almost 10,000 square feet, is close to the departments, Lutyens zone, air terminal or airport, and major business districts, and was purchased at a pace of Rs 7.5 lakh per square yard.

Photo Credit :

1586245528_OA6v55_2020_04_07T052857Z_1_LYNXMPEG3609R_RTROPTP_4_CHINA_PROPERTY.JPG

The Vice-chairman and Managing Director (MD) of Bharti Enterprises, Rajan Bharti Mittal, has purchased a 1,200-square yard property at Shanti Niketan, Delhi for a total amount of Rs 85 crore, a leading media house citing two people who are aware of the deal.

The deal was signed on September 9, with four distinct proprietors offering a lot of the plot to Mittal. The property, spread over almost 10,000 square feet, is close to the departments, Lutyens zone, air terminal or airport, and major business districts, and was purchased at a pace of Rs 7.5 lakh per square yard.

Pradeep Prajapati, Head of Luxury Residential Services at IQI India told a leading media house that there has been a spate of high-value exchanges in Lutyens' Delhi and South Delhi since the lockdown was lifted in May last year, with business people and super high-total assets people (HNIs) searching for greater homes in Delhi's luxurious states. "Shanti Niketan is liked by HNIs as it is nearer to Lutyens Delhi and property here can be redeveloped as it goes under South Delhi