6 most expensive residences in Delhi: Who lives in them? Their price will shock you
Delhi is known for its delicious food, rich culture, and historic monuments. The capital city of India recently made headlines for being home to several Indian billionaires, many of whom are mentioned in the 2024 Forbes list. This year, as many as 200 Indians were included in the list, surpassing last year’s count of 169. Notably, the combined wealth of these billionaires now approaches an astounding USD 1 trillion, exceeding 2022’s total of USD 750 billion. In the recently published 2024 Hurun Global Rich List, Delhi is listed as the home to 57 billionaires, confirming its position among the top cities globally for billionaire residents. Speaking of wealthy individuals, do you know where they live or what the cost of their residences is? We have curated a list of six of the most expensive residences in Delhi and their price in crores.
Renuka Talwar’s bungalow
Businesswoman Renuka Talwar is the CEO of DLF Limited’s luxury division. She is known for her major contribution in the real estate sector, specifically through her family’s legacy in DLF. Notably, Renuka also lives in one of the most expensive houses in the national capital. she purchased the house from the managing director of TDI Infracorp Kamal Taneja in 2016.
The Prithviraj Road neighbourhood has been set abuzz by an incredibly significant real estate transaction, marking the most colossal deal in the area in recent memory. The protagonist of this grand deal is none other than Renuka Talwar, the beholder of the daughter title to KP Singh, the chairman of DLF.
She has carefully selected an expansive plot stretching approximately 5,000 square meters, with the bungalow holding a decent 1,189 square meters of that total. Sold at a stunning price of Rs 8.8 lakh per square meter, the total expenditure amounted to a staggering Rs 435 crore for this luxury property.
Lakshmi Mittal’s bungalow
Lakshmi Mittal is one of the richest people in the world. He metamorphosed his family’s steel business into a global powerhouse. Notably, his prudent acquisitions in Eastern Europe during the 1990s earned him significant recognition.
Mittal owns a bungalow in Delhi’s Lutyens’. The billionaire purchased it at a price of Rs 31 crore, as per Hindustan Times.
Jindal House
Born in 1970, Naveen Jindal made his mark in India as a reputed businessman and a distinguished politician, making his name with his key contribution in Jindal Steel and Power Limited. In the heart of New Delhi, his lavish abode stands tall amongst the city’s priciest residences, valuated near around Rs 125-150 crore. Nestled in the illustrious Lutyens Bungalow Zone (LBZ), an enclave known for its opulence and rarity, this pristine white mansion offers a home to the entire Jindal tribe. The vast estate stands as a testament to Jindal’s remarkable entrepreneurial achievements as well as his elite status in the influential rungs of Indian society.
Harish Ahuja’s bungalow
Managing director of Shahi Exports Pvt Ltd, Harish Ahuja, is one of the largest garment manufacturers in India. His company supplies materials to major global brands like H&M, Uniqlo, and Decathlon. As per Business Insider, Ahuja’s wealth was approx. Rs 5,900 crore in 2022, as per Business Insider. He owns a luxurious bungalow in Delhi’s Prithviraj Road. The cost of the bungalow is Rs 173 crore. It was acquired by Ahuja in 2015 and spans 3,170 square yards.
Vijay Shekhar Sharma’s bungalow
Vijay Shekhar Sharma, the founder of Paytm, has recently been named as the youngest Indian billionaire by Forbes. He purchased an Rs 82 crore property in the Golf Links area. Lush and plush, the LBZ spans an expansive 3,000 acre footprint teeming with nearly a thousand stunning bungalows, but only a scarce 65-70 are up for private grabs. Sharma’s new acquisition nestles him amongst the elite investors in this high-demand locality, made famous for its rich historical significance and prime position.
Ruia Mansion
One of the priciest dwellings in Delhi, the Ruia Mansion, Architected in an aesthetic, colonial style, the sprawling 2.2-acre property, adorned with meticulous landscaping and a luxurious swimming pool, is the residence of Shashi and Ravi Ruia. Selling at a whooping Rs 92 crore, it reflects the substantial wealth accumulated by the Ruia brothers. Esteemed for launching the global conglomerate Essar Group back in 1969, they’ve broadened their ventures across various global sectors. Their opulent mansion is a symbol of their financial success and lavish tastes, marking it as one of the most coveted homes in the capital.