Hyderabad Business Duo Acquires Rs 140-Crore Bungalow in Delhi's Lutyens' Zone
Hyderabad-based entrepreneurs Sasidhar and Lakshmi Priyadarshini Chinta of the Vishwa Samudra Group have purchased a premium bungalow in Delhi's prestigious Jor Bagh area for Rs 140 crore, marking one of the biggest real estate transactions of the year.
Real EstateLuxury PropertyLutyens ZoneVishwa Samudra GroupBusiness LeadersReal EstateSep 13, 2025
Vishwa Samudra Group, led by the Chinta family, is a multinational conglomerate with interests spanning engineering, infrastructure, and other core sectors. The group has a strong presence in various markets and is known for its innovative and sustainable business practices.
According to official documents, the 883-square metre property was registered in June 2025, with a stamp duty of Rs 8.96 crore paid by the buyers. The sale involved 10 signatories on the seller’s side, indicating joint ownership of the property prior to the deal.
The property lies within the prestigious Lutyens’ Bungalow Zone (LBZ), a 28 sq km area in central Delhi known for its exclusivity and elite residents — including ministers, senior bureaucrats, and business tycoons. Around 3,000 bungalows dot the LBZ, of which about 600 are privately owned.
This transaction adds to a growing list of ultra-luxury property deals crossing the Rs 100-crore mark in LBZ and South Delhi. “Lutyens Delhi remains a hot favourite among business families from outside Delhi. The address itself holds immense value, and buyers are willing to pay the market rate for it,” said Pradeep Prajapati, founder of boutique real estate advisory Wealthvisory Capital.
Vishwa Samudra Group, led by the Chinta family, is a multinational conglomerate with interests spanning engineering, infrastructure, and other core sectors. The group did not respond to media queries regarding the purchase.
This high-profile deal is a reflection of ongoing confidence in India’s luxury real estate segment, particularly in politically and economically strategic locations like Lutyens’ Delhi. The acquisition underscores the consistent demand for premium properties in the area and highlights the growing interest of business families in securing a foothold in this exclusive zone.
Frequently Asked Questions
What is the Lutyens' Bungalow Zone (LBZ)?
The Lutyens' Bungalow Zone (LBZ) is a 28 sq km area in central Delhi known for its exclusivity and elite residents, including ministers, senior bureaucrats, and business tycoons. It is home to around 3,000 bungalows, of which about 600 are privately owned.
Who are Sasidhar and Lakshmi Priyadarshini Chinta?
Sasidhar and Lakshmi Priyadarshini Chinta are Hyderabad-based business leaders and the heads of the Vishwa Samudra Group, a multinational conglomerate with interests in engineering, infrastructure, and other core sectors.
How much did the Chinta family pay for the bungalow in Jor Bagh?
The Chinta family paid Rs 140 crore for the premium bungalow in Jor Bagh, with a stamp duty of Rs 8.96 crore.
What is the significance of the Lutyens' Zone in the real estate market?
The Lutyens' Zone is highly significant in the real estate market due to its exclusivity and the prestige associated with owning a property there. It is a politically and economically strategic location that attracts high-profile buyers from across India and abroad.
What is the role of Wealthvisory Capital in the real estate market?
Wealthvisory Capital is a boutique real estate advisory firm founded by Pradeep Prajapati. It provides strategic advice to clients interested in luxury real estate, particularly in high-demand areas like Lutyens' Delhi.
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