DataforIndia Co-Founder Buys Luxurious Property in Vasant Vihar, South Delhi
DataforIndia co-founder Akhil Wable has purchased a 1,280 sq yard plot in the upscale Vasant Vihar area of South Delhi for ₹113 crore, reflecting the growing interest in luxury real estate among tech entrepreneurs.
Real EstateLuxury PropertyVasant ViharDataforindiaAkhil WableReal Estate NewsJul 25, 2025
According to the DataforIndia website, it is a public platform aimed at expanding the understanding of India through data for everyone. The firm produces research-backed, data-driven insights and charts on socio-economic issues, making it a significant player in the data analytics sector.
Eleannt Enterprises, the previous owner, had purchased the 1,280-square yard plot in Vasant Vihar for ₹95 crore earlier this year. This transaction underscores the high demand and limited availability of land in the area, where developers actively seek plots for multi-storey residential projects.
Rohit Chopra of SouthDelhiPrime.com commented on the strategic value of the plot. “The average price in Vasant Vihar ranges between ₹9–11 lakh per square yard, depending on the exact location within the colony. In this case, the transaction was done at around ₹9 lakh per square yard, indicating a strategic value-driven purchase,” he said.
The deal reflects a broader shift in South Delhi’s luxury real estate market, which is seeing heightened interest from startup founders, business leaders, and industrialists. Once dominated by legacy families, premium neighborhoods like Vasant Vihar are now attracting a new wave of end-users seeking privacy, space, and the flexibility that independent homes provide, according to real estate experts.
In April this year, Vineet Kapur, founder of skincare brand O3 Plus, and his wife Sonia Kapur purchased a bungalow in Vasant Vihar for ₹72 crore. The property spans 800 square yards (approximately 663 sq m) and includes nearly two floors with a built-up area of 6,160 sq ft. The transaction was completed in early April, with ₹1.8 crore paid in stamp duty.
One of the key drivers of these valuations is the limited availability of large residential plots in prime neighborhoods like Vasant Vihar. However, the locality continues to maintain a balanced demand-supply equation, aided by its expansive layout and evolving residential fabric. A notable trend is the redevelopment of single-family bungalows into low-rise apartments, which is gradually introducing new inventory while maintaining the exclusivity of the area, experts said.
Vasant Vihar is one of South Delhi’s largest and most diverse residential colonies, with more than 1,500 plots and multiple access points. It hosts more than 10 schools and lies adjacent to two urban villages, contributing to a wide spectrum of pricing across its many blocks. “It’s similar to areas like Greater Kailash II or Safdarjung Enclave in that prices can vary significantly within the same colony,” Chopra notes.
The purchase by Akhil Wable is a clear indication of the growing interest in luxury real estate among tech entrepreneurs and business leaders, further solidifying Vasant Vihar's position as one of the most sought-after residential areas in South Delhi.
Frequently Asked Questions
Who is Akhil Wable?
Akhil Wable is the co-founder of DataforIndia, a public platform that provides data-driven insights on socio-economic issues in India.
What is the significance of Vasant Vihar in South Delhi's real estate market?
Vasant Vihar is one of the most prestigious and sought-after residential areas in South Delhi, known for its high demand and limited availability of large plots.
How much did Akhil Wable pay for the property in Vasant Vihar?
Akhil Wable paid ₹113 crore for a 1,280 sq yard plot in Vasant Vihar.
What is the average price per square yard in Vasant Vihar?
The average price in Vasant Vihar ranges between ₹9–11 lakh per square yard, depending on the location within the colony.
What is the trend in Vasant Vihar's real estate market?
The trend in Vasant Vihar is the redevelopment of single-family bungalows into low-rise apartments, which is gradually introducing new inventory while maintaining the area's exclusivity.
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