{"id":997,"date":"2025-05-20T11:55:24","date_gmt":"2025-05-20T06:25:24","guid":{"rendered":"https:\/\/www.crematrix.com\/blog\/?p=997"},"modified":"2026-02-17T14:06:47","modified_gmt":"2026-02-17T08:36:47","slug":"o3plus-md-wife-buy-delhi-bungalow-for-rs-72-crore","status":"publish","type":"post","link":"https:\/\/www.crematrix.com\/blog\/o3plus-md-wife-buy-delhi-bungalow-for-rs-72-crore\/","title":{"rendered":"O3plus MD, Wife Buy Delhi Bungalow for Rs 72 Crore"},"content":{"rendered":"\n

Vineet Kapur, founder and managing director of the skincare brand O3plus, along with his wife Sonia Kapur, has purchased a premium bungalow in Delhi\u2019s posh Vasant Vihar area for a whopping Rs 72 crore. The property, built on a 663 sq m plot, is one of the latest additions to the capital\u2019s booming luxury real estate segment.<\/p>\n\n\n\n

According to data accessed via CRE Matrix<\/a>, the transaction was registered in the first week of April, with Kapur paying a stamp duty of Rs 1.8 crore.<\/p>\n\n\n\n

This high-profile acquisition comes shortly after Eleannt Enterprises secured a 1,280-sq yd plot in the same neighbourhood for Rs 95 crore, highlighting Vasant Vihar\u2019s continued appeal among HNIs and business leaders. CBRE acted as the exclusive advisor for Kapur\u2019s deal.<\/p>\n\n\n\n

South Delhi, particularly areas like Vasant Vihar, has emerged as a hotspot for luxury homebuyers. Industry estimates peg the real estate potential of this upscale region at an astounding Rs 5.65 lakh crore across 42 colonies regulated by the Municipal Corporation of Delhi (MCD). These colonies, largely classified under Categories A and B, are home to a significant number of high-value residential plots, both occupied and vacant.<\/p>\n\n\n\n

As per recent data, there are about 18,446 plots available across these colonies, with plot sizes ranging from 125 sq yd to 1,750 sq yd. Prices currently range between Rs 6 lakh to Rs 15 lakh per sq yd, depending on location, connectivity, and property status.<\/p>\n\n\n\n

Over the past couple of years, Delhi-NCR has witnessed a surge in luxury housing sales. This is driven by increasing affluence, generational wealth transfers, and a desire for bespoke, premium living environments. Experts anticipate sustained momentum in this segment as demand continues to rise across both established and emerging luxury micro-markets.<\/p>\n\n\n\n

Recent Transactions <\/strong><\/h2>\n\n\n\n

Delhi\u2019s upscale neighborhoods are witnessing a surge in high-value property transactions. From Vasant Vihar to other elite South Delhi colonies, luxury bungalows are being snapped up. This reflects strong demand from HNIs and business leaders seeking premium residences in the capital.<\/p>\n\n\n\n

In a recent transaction, Delhi High Court senior advocate Arun Kathpalia purchased a 763 sq yard bungalow in Delhi\u2019s posh Golf Links<\/a> neighborhood for a whopping  Rs 69 crore. In another transaction, Sanjay Kukreja, a partner at ChrysCapital, purchased a 1,250-square-yard bungalow<\/a> in the same neighborhood for Rs 155 crore. <\/p>\n\n\n\n

Elevate your decisions in real estate as a developer or broker with CRE Matrix\u2018s data-driven insights. Book a demo now<\/a>!<\/p>\n\n\n\n

Media Mentions<\/em><\/strong><\/h4>\n\n\n\n