By Admin 
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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