They are Sanjay Kukreja and Shaveta Sharma, the couple bought a bungalow of Rs 155 crore in a golf connection in Delhi, and the property spans…

New Delhi’s premium golf link area witnessed another high-value real estate deal. Sanjay Kukreja, a partner at private equity firm Chryscapital, and his wife, Shaveta Sharma, CEO of the Central Square Foundation, bought a 1,250 square foot bungalow for Rs 1,550 crore.

According to documents accessed by CRE Matrix, the couple paid Rs 93 lakh stamp duty for the deal. Located in the bungalow area (LBZ) of the famous Lutyens, the property spans 11,250 square feet with a base area of ​​7,993 square feet. LBZ is a heritage area with strict building and renovation regulations to preserve its historical character.

Golf links are still the primary choice for high net worth individuals (HNIS) and corporate leaders due to their limited proprietary and property availability. Prices in the region remain firm, attracting large investors.

This is the latest in a series of high-profile deals in the area. Recently, Vasudha Rohatgi, wife of former Attorney General Mukul Rohatgi, bought a 2,100 square foot bungalow for Rs 160 crore. Other notable buyers include Maxop engineering director Shailesh Arora, who bought the 575 sq ft property for Rs 685 crore, and Pawan Agarwal, deputy managing director of DB Group, to buy a bungalow of similar size for Rs 75 crore.

A report by Sotheby’s International Real Estate (ISIR) in India shows that despite rising prices and economic challenges, 62% of wealthy Indians hope to invest in luxury real estate in the next two years. Senior executives like Sunil Vachani of Dickson Technology and former RBL Bank chairman Vishwavir Ahuja have also invested in golf Links Properties since the pandemic.

Delhi’s luxury property continues to attract heavy buyers, thus strengthening the region’s position as a major residential hub.