South Delhi resident Ashok Mittal has acquired a premium bungalow in Delhi’s upscale Sunder Nagar locality for ₹65 crore, according to property documents accessed by CRE Matrix. The transaction contributes to the growing trend of high-value residential deals in central Delhi’s most coveted neighborhoods.
The bungalow stands on an 866 sq yd plot. The ground and basement floors, together, measure 4,846.88 sq ft and cost ₹34 crore. Mittal paid ₹2.38 crore in stamp duty for this portion of the property. As per the registration documents, this part of the deal was formalised on October 31, 2025.
Ashok Mittal purchased the first floor, spread across 3,118.62 sq ft, for ₹31 crore. This included an additional ₹2.17 crore paid as stamp duty.
Sunder Nagar continues to be one of the most desirable residential pockets in the capital, especially among top lawyers, industrialists, and business families. However, property brokers active in the area note that most bungalows here are nearly five decades old. This offers expansive plots and timeless architectural charm.
Typical homes in this part of Lutyens’ Delhi feature plots of around 800 sq yards. These include a ground and first floor, and a barsati level on the second floor that often serves as a compact one-bedroom unit. The total built-up area for such properties typically ranges between 6,000–8,000 sq ft, making them rare, high-value assets.
Recent Transactions
Delhi’s luxury housing market has witnessed a steady rise in high-value deals, with multiple marquee transactions recorded across premium neighbourhoods. These purchases highlight strong demand from affluent buyers seeking rare, large-format homes in prime locations.
In a recent transaction, Yashwant Singh, a member of a Rajasthan royal family, purchased a bungalow in Delhi’s upscale Golf Links area for a staggering ₹100 crore. In another transaction, Delhi High Court senior advocate Arun Kathpalia purchased a 763 sq yard bungalow in the same Golf Links neighborhood for ₹69 crore.
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