Hyderabad Business Leaders Acquire Rs 140-Crore Bungalow in Lutyens’ Delhi
Hyderabad-based business leaders Sasidhar Chinta and Lakshmi Priyadarshini Chinta of the Vishwa Samudra Group have acquired a premium bungalow in Delhi’s upscale Jor Bagh area for Rs 140 crore, adding to the growing list of high-value real estate deals in Lutyens’ Delhi.
Real EstateLuxury PropertyLutyens DelhiBungalowHighvalue TransactionsReal Estate NewsSep 13, 2025
The bungalow is located 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 highly sought-after location for business families from outside the city. The address itself holds immense value, and buyers are willing to pay the market rate for it, according to Pradeep Prajapati, founder of boutique real estate advisory Wealthvisory Capital. The consistent demand for properties in this area reflects the ongoing confidence in India’s luxury real estate segment, particularly in politically and economically strategic locations like Lutyens’ Delhi.
Vishwa Samudra Group, led by the Chinta family, is a multinational conglomerate with interests spanning engineering, infrastructure, and other core sectors. Despite the high-profile nature of the deal, the group did not respond to media queries regarding the purchase. This acquisition is a testament to the family’s continued investment in high-value assets and their strategic business acumen.
The acquisition of this bungalow is not just a financial transaction but also a strategic move that enhances the Chinta family’s presence in one of the most exclusive areas of the country. It underscores the growing trend of business families from outside Delhi investing in premium real estate to establish a foothold in the capital’s elite circles.
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, with about 600 privately owned.
Who are the buyers of the Rs 140 crore bungalow in Jor Bagh?
The buyers are Sasidhar Chinta and Lakshmi Priyadarshini Chinta, leaders of the Vishwa Samudra Group, a multinational conglomerate based in Hyderabad.
What is the significance of the stamp duty paid for the bungalow?
The stamp duty of Rs 8.96 crore paid for the bungalow is a significant amount that reflects the high value of the property and the transaction.
Why is Lutyens’ Delhi a popular choice for business families?
Lutyens’ Delhi is a popular choice for business families due to its prestigious address, exclusivity, and strategic location. The area holds immense value, and buyers are willing to pay premium prices for properties here.
What is the Vishwa Samudra Group?
The Vishwa Samudra Group is a multinational conglomerate led by the Chinta family, with interests spanning engineering, infrastructure, and other core sectors. They recently acquired a premium bungalow in Lutyens’ Delhi for Rs 140 crore.
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