900 square yard bungalow in Sunder Nagar sold for around Rs 100 crore, ET Real Estate

900 square yard bungalow in Sunder Nagar sold for around Rs 100 crore, ET Real Estate


<p>symbolic image</p><p>,<figcaption class=representative image

New Delhi: Upscale Residential Colony Sundernagar A big deal of about 900 square yards has been done in the national capital. bungalow It is being sold for around Rs 100 crore. According to market sources, a bungalow of Sunil and Ravi Sachdev in Sunder Nagar has been sold for around Rs 96 crore.

Real Estate Consultant CBRE Facilitated the sale of this bungalow.

The sellers could not be reached for comment, while CBRE did not comment on the deal.

Bungalows in Sunder Nagar have become one of the most sought-after residential addresses in Central Delhi. According to property brokers, Sunder Nagar remains the preferred choice for the country’s top lawyers, judges, bureaucrats and businessmen.

Sales of luxury properties have increased in major cities over the last few years.

Several big property deals have also taken place in the national capital, especially in South and Central Delhi.

Earlier this month, a CBRE report noted that sales stately homeThose priced at Rs 4 crore and above each grew by 38 per cent in seven major cities in January-September this year.

Sales of luxury homes costing Rs 4 crore and above rose to 12,630 units in January-September 2024, compared to 9,165 units in the year-ago period.

CBRE noted that Delhi-NCR recorded the highest sales in this price segment at 5,855 units, compared to 3,410 units in the year-ago period.

Anshuman MagazineChairman and CEO of CBRE India, South-East Asia, Middle East and Africa With traditional mid-range markets such as Noida, Bengaluru, Pune and Chennai increasingly moving towards luxury, the high-end and premium segments are growing. Expect demand. Development.

“As the market shifts from bungalows to modern apartments and penthouses, premiumisation of amenities will be a key differentiator in luxury projects,” the magazine said.

  • Published on October 23, 2024 at 07:00 am IST

Join a community of 2M+ industry professionals

Subscribe to our newsletter to receive the latest information and analysis.

Download ETRealty App

  • Get realtime updates
  • Save your favorite articles


scan to download app




Source link

Join The Discussion

Compare listings

Compare