Real estate consulting companies generally do not disclose much about extremely expensive properties; Lutyens bungalow sale property deals in Lutyens Bungalow sale Zone are kept a secret. Such expensive deals become known only after the deal has been made or when the new owner comes in. This 7 bedroom bungalow has 7 bathrooms (one small bathroom is separate), a swimming pool, a spacious courtyard and multiple family lounges. Spread over an area of more than 1 acre, the property has an indoor area of 13,670 sq ft (0.3 acres) and an outdoor area of 34,412 sq ft (0.79 acres).
Lutyens’ bungalow sale in Delhi is big news because bungalows are not sold every day here. Famous personalities of the country live in this area and it is also the center of the country’s politics. In such a situation, if someone’s address is Lutyens’ Delhi, his status increases manifold. According to real estate consulting company JLL, property prices in this area are always sky high. At present, bungalows here start from Rs 200 crore and go beyond Rs 1,000 crore. Prominent personalities living in Lutyens’ Delhi include Airtel Chairman Sunil Bharti Mittal, DLF Group’s KP Singh, Dabur Group’s Burman brothers, Jindal Group’s Jindb, Arcelor Mittal’s Lakshmi Mittal and Hyderabad Industries Limited Chairman CK Birla.
Major localities of Lutyens’ banglow sale Delhi are Amrita Shergill Marg, Aurangzeb Road, Prithviraj Road, Bhagwandas Road, Tilak Marg and Golf Links. These range from 375 to 6,000 square yards and complexes ranging from 2.36 to 3.75 acres. Since there are very few properties here, JLL expects that for the next four-five years only a few properties will come up for sale here every year. In such a situation, the news of sale of a bungalow in this area has come into the headlines.
Recently, Lutyens bungalow sale here has come into limelight which is being sold through Sotheby’s International Realty. The price of this bungalow has been kept at Rs 325 crore. Sotheby’s has refused to reveal the name of its owner but on scanning the QR code given in the advertisement for Lutyens bungalow sale, its address appears to be Ferozshah Road. After some inquiry, it was found that this bungalow belonged to an industrialist, who was related to a famous cricketer.
