The largest and most expensive real estate deal of this year has been recorded in Delhi NCR recently. A Mumbai company associated with the country’s well-known industrialist Laxmi Mittal bought a bungalow on APJ Abdul Kalam Road in Lutyens Delhi for Rs 310 crore. This bungalow was built in 1930 and is counted among the most luxurious and historical properties of Delhi. This deal is not only because of the price, but also because of the history of this area and bungalow. Both the architecture and location of this bungalow make it very special. In such a situation, let us know who is the buyer of the luxurious bungalow of 95 years old Lutyens sold for 310 crores.

Who is the buyer of the luxurious bungalow of Lutyens?

The 95 -year -old Lutyens bungalow sold for 310 crores has been bought by a company named Gentex Merchants Private Limited in Mumbai. This company is directly associated with Lakshmi Mittal, also known as Steel King. According to reports, the director of the company is Surya Kumar Kanodia. However, no official statement has come from the company or Mittal on this deal yet. This area of ​​Lutyens Delhi is counted among the most posh, safe and prime areas of the country, where well-known industrialists, politicians, and people sitting in high positions live. Any kind of construction or repair in this area is associated with extremely difficult and strict rules.

What is the history of this bungalow?

This bungalow was built in 1930 and it was once from the royal family of Alwar princely state of Rajasthan. The old owner of the bungalow was Kumar Yashwant Singh, who is the son of the Maharaja of Alwar. People often know Yashwant Singh by the name of Maharaj Kumar Yashwant Singh. Yashwant Singh bought another bungalow of 100 crores in the Golf Links area of ​​Delhi earlier this year. At the same time, this bungalow is located on APJ Abdul Kalam Road, Lutyens Delhi. Its size is 3,540 square yard.

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Former Vice President Jagdeep Dhankhar has not yet contacted the Ministry of Urban Development for the official residence. Nevertheless, the Directorate of Estates has vacated a type-8 bungalow on his Delhi APJ Abdul Kalam Road. India Today quoted sources as saying that if Dhankar refuses to take a bungalow, the ministry can give them some other option. According to government eligibility, former presidents, vice-presidents and Prime Ministers are either allocated type-8 bungalows in Lutyens Delhi or two acres of land are given at their ancestral residence.

What reasons were given in the letter to the President
Let us know that 74 -year -old Dhankhar resigned from the post of Vice President on July 22, citing health concerns. In his resignation to President Draupadi Murmu, he wrote that I resign from the post of Vice President of India with immediate effect as per Article 67 (A) of the Constitution to give priority to healthcare and to follow medical advice.

Voting for Vice President’s election on 9 September
On July 21, on the very first day of the monsoon session of Parliament, he left his post shortly after presiding as the Chairman of the Rajya Sabha. The Election Commission has announced that voting for the next Vice President’s election will be held on 9 September and the last date for filing nomination is 21 August. Results will be declared on the same day.

Under Article 66 of the Constitution, the Vice President is elected by an electoral college, which is made only by members of the Lok Sabha and Rajya Sabha, who cast their votes through secret voting using the single vote system.

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