Located in South Delhi’s Rangpuri area, the homestand is comprised of twelve bighas of agricultural land and a farmhouse. This is the latest of numerous large-scale real estate deals that Delhi has seen this year.
Stainless steel bar manufacturer Aamor Inox Limited paid Mastcraft Properties Private Limited Rs 87.5 crore for 12 bighas of farmland and a farmhouse in Rangpuri, South Delhi. according to the documents obtained by CRE Matrix.
The sale deed was signed on September 27 under Aamor Inox Limited’s name. Based on the evidence, the corporation had to pay a stamp duty of Rs 6.12 crore for the transaction.
The farmland is located in the Malikpur Kohi, or Rangpuri, hamlet of South Delhi. Neither the buyer nor the vendor immediately replied to queries from Moneycontrol.
Delhi has closed a number of notable agreements this year, this being the most recent. In September, Laxmi Devi Agarwal, the spouse of Devkinandan Agarwal, the promoter of GR Infraprojects Limited, spent Rs 86 crore for a 1,200 square yard villa in the upscale Vasant Vihar suburb of Delhi.
An 873-square-yard mansion in Delhi’s affluent Nizamuddin East area was bought by Renu Khuller, director of Global Dent Aids, a company that manufactures interdental brushes, which are comparable to floss alternatives, for Rs 61.70 crore in August.
Lenskart co-founder Peyush Bansal paid Rs 18 crore for a house in Neeti Bagh in May, while former Indian Attorney General Mukul Rohatgi’s wife Vasudha Rohatgi spent Rs 160 crore in March for a 2,160-square-foot home in Delhi’s affluent Golf Links neighborhood.
If you are a developer or broker, you can empower your decision-making with data-driven insights through CRE Matrix. You can get details such as the entire tenure, tenant names, expiry dates, lock-in expiry dates, CAM charges, deposits, and more for any real estate asset in India. Book a demo at CRE Matrix to unlock the full potential of real estate data.