Dua Associates Facilitates Dual Real Estate Deals for Alwar Royals in Lutyens' Delhi
Dua Associates successfully advised on a two-part real estate transaction for Maharaj Kumar Yashwant Singh Sahib of Alwar, involving the acquisition of a new residence and the sale of a family estate in Delhi’s prestigious Lutyens Bungalow Zone (LBZ).
Real EstateLutyens DelhiAlwar RoyalsDua AssociatesHighvalue TransactionsReal Estate NewsOct 03, 2025
Both deals were managed by a dedicated team led by Partner Salil Gulati, along with Partner Sahil Dhawan, Principal Associate Kapil Saxena, and real estate expert Narinder Mohan. The team’s expertise and comprehensive legal support ensured the smooth execution of both transactions.
In the first leg of the transaction, Dua Associates represented Yashwant Singh in the purchase of a 704.4-square-yard bungalow in Golf Links for ₹100 crores. The firm provided extensive legal due diligence, structuring, documentation, and negotiation services. Additionally, they facilitated the payment of over ₹8 crores in stamp duty, registration fees, and corporation tax. The seller, Anu Jindal of DLF’s “The Camellia,” was represented by Savills India.
The second leg of the transaction involved the sale of the Alwar royal family’s 3,540-square-yard bungalow on APJ Abdul Kalam Road (formerly Aurangzeb Road) to Gentex Merchants Pvt. Ltd., a company associated with steel magnate Lakshmi Mittal. The property was registered at ₹310 crores, making it one of Delhi’s highest-value transactions in 2025. The buyer paid approximately ₹24.80 crores in stamp duty, registration fees, and corporation tax. This deal was executed under the guidance of the late Shashivansh Bahadur, with Shardul Amarchand Mangaldas acting for the purchaser.
These transactions highlight the increasing activity in the premium real estate market of Lutyens' Delhi, a zone known for its historical significance and luxurious properties. Dua Associates’ involvement in these deals underscores their expertise in handling complex and high-value real estate transactions, ensuring that clients receive top-tier legal support and guidance.
Frequently Asked Questions
What is the Lutyens Bungalow Zone (LBZ)?
The Lutyens Bungalow Zone (LBZ) is a prestigious area in New Delhi, India, known for its historical significance and luxurious properties. It is named after Sir Edwin Lutyens, the British architect who designed the area in the early 20th century.
Who is Maharaj Kumar Yashwant Singh Sahib of Alwar?
Maharaj Kumar Yashwant Singh Sahib of Alwar is a member of the royal family of Alwar, a historical princely state in Rajasthan, India. He is known for his involvement in various business and real estate ventures.
What services did Dua Associates provide in these transactions?
Dua Associates provided comprehensive legal services including legal due diligence, structuring, documentation, negotiations, and the facilitation of clearances and tax payments for both the acquisition and sale of the properties.
Who represented the seller in the purchase of the bungalow in Golf Links?
The seller, Anu Jindal of DLF’s “The Camellia,” was represented by Savills India in the purchase of the bungalow in Golf Links.
What is the significance of the property on APJ Abdul Kalam Road?
The property on APJ Abdul Kalam Road (formerly Aurangzeb Road) is one of the largest and most valuable properties in Lutyens' Delhi. Its sale for ₹310 crores makes it one of the highest-value transactions in the area in 2025.
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