Hyderabad Business Family Acquires ₹140-Crore Jor Bagh Bungalow in Delhi
In a significant real estate transaction, Sasidhar Chinta and Lakshmi Priyadarshini Chinta of Hyderabad-based Vishwa Samudra Group have purchased a luxury bungalow in Delhi’s prestigious Jor Bagh area for ₹140 crore.
Luxury Real EstateHighnetworth IndividualsJor BaghLutyens Bungalow ZoneVishwa Samudra GroupReal Estate NewsSep 13, 2025
The bungalow measures 883 square metres. The sale deed was registered in June this year, with the buyers paying a stamp duty of ₹8.96 crore. The property was jointly owned, and 10 representatives from the seller’s side signed the papers to complete the transaction, according to the news report.
Vishwa Samudra Group is a multinational business conglomerate with interests in engineering and infrastructure. This high-value purchase adds to a series of luxury property deals in the Lutyens’ Bungalow Zone (LBZ), one of India’s most prestigious addresses. The LBZ is located in the heart of the capital’s power corridor, spanning 28 sq km and housing around 3,000 bungalows, mostly occupied by ministers, judges, and senior government officials. About 600 properties are privately owned by some of India’s wealthiest individuals.
In another significant transaction, British businessman Sukhpal Ahluwalia purchased an 11,416 sq ft apartment at DLF’s ultra-luxury residential project, The Camellias in Gurugram, for ₹100 crore in August. Ahluwalia, who previously sold his company Euro Car Parts, now runs the London-based real estate, hospitality, and asset management firm Dominvs Group. This marks the third ₹100-crore deal at The Camellias, which has become a hub for ultra-wealthy homebuyers.
The luxury housing market has seen a string of such high-value transactions. In one of the costliest apartment sales in India, Rishi Parti, director of Info-X Software Technology, bought a 16,000 sq ft penthouse at The Camellias for ₹190 crore. Similarly, in October 2023, Smiti Agarwal, a director at Wesbok Lifestyle, purchased another apartment in the project in a ₹100-crore deal.
These deals underscore the sustained post-pandemic demand for luxury homes, with both Delhi and Gurugram emerging as prime markets for India’s richest families and global entrepreneurs. The trend indicates a growing interest in luxury real estate among high-net-worth individuals, driven by factors such as investment potential, lifestyle enhancements, and the prestige associated with owning prime properties in these areas.
Frequently Asked Questions
Who purchased the bungalow in Jor Bagh, Delhi?
Sasidhar Chinta and Lakshmi Priyadarshini Chinta of Hyderabad-based Vishwa Samudra Group purchased the bungalow in Jor Bagh, Delhi.
What is the size of the bungalow purchased in Jor Bagh?
The bungalow measures 883 square metres.
What is the Lutyens’ Bungalow Zone (LBZ)?
The Lutyens’ Bungalow Zone (LBZ) is a 28 sq km area in the heart of Delhi’s power corridor, housing around 3,000 bungalows, mostly occupied by ministers, judges, and senior government officials. About 600 properties are privately owned by some of India’s wealthiest individuals.
Who is Sukhpal Ahluwalia and what did he purchase?
Sukhpal Ahluwalia, a British businessman, purchased an 11,416 sq ft apartment at DLF’s ultra-luxury residential project, The Camellias in Gurugram, for ₹100 crore.
What is the current trend in the luxury housing market in India?
The luxury housing market in India is seeing a surge in high-value transactions, with both Delhi and Gurugram emerging as prime markets for India’s richest families and global entrepreneurs. This trend is driven by factors such as investment potential, lifestyle enhancements, and the prestige associated with owning prime properties.
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