Nehru's First Official Residence in Delhi Sold for ₹1,100 Crore: A Historic Real Estate Deal
A historic property deal has taken place in Delhi, with the first official residence of India’s first Prime Minister, Jawaharlal Nehru, being sold for a staggering ₹1,100 crore. Located in the heart of Lutyens’ Bungalow Zone, the bungalow is a symbol of India’s rich political and architectural heritage.
Real EstateLutyens Bungalow ZoneJawaharlal NehruHistoric PropertyDelhiReal Estate NewsSep 03, 2025
New Delhi: A huge property deal has taken place in Delhi. The property is none other than the first official residence of India’s first Prime Minister, Jawaharlal Nehru. It is located at 17 York Road, now known as Motilal Nehru Marg, in the heart of Lutyens’ Bungalow Zone (LBZ).
According to sources, the property has been sold for around Rs 1,100 crore. Earlier, the asking price was Rs 1,400 crore, but the final deal was done at a lower rate.
Who Is the Buyer?
The buyer is said to be a well-known businessman from India’s beverage industry. The name has not been made public yet. A top law firm is currently checking the legal details of the property, and this is the final stage of the deal.
The law firm also issued a public notice, saying their client wants to buy the bungalow. They asked anyone with a claim on the property to report within 7 days — or it will be assumed that no one else owns it.
Who Owns the Property Now?
The current owners are Rajkumari Kakkar and Beena Rani, who are related to a royal family from Rajasthan. The bungalow covers an area of around 14,973 square meters (about 3.7 acres) and has a built-up area of 24,000 square feet.
Why Is This Property So Special?
This bungalow is in Lutyens’ Delhi, the most expensive and powerful area in the capital. The area was designed by British architect Edwin Lutyens between 1912 and 1930. Lutyens' Zone is about 28 sq. km wide, with around 3,000 bungalows. Most are government-owned, where ministers and judges live. But around 600 properties are privately owned, mostly by India’s richest families.
Because of the VIP location, huge land size, and historic value, only a few billionaires can afford this kind of real estate. The sale of Nehru's first official residence marks a significant moment in the real estate history of Delhi, highlighting the enduring appeal and value of properties in Lutyens’ Bungalow Zone.
Frequently Asked Questions
What is the significance of the bungalow located at 17 York Road?
The bungalow at 17 York Road, now known as Motilal Nehru Marg, was the first official residence of India’s first Prime Minister, Jawaharlal Nehru. It is located in the heart of Lutyens’ Bungalow Zone, one of the most prestigious areas in Delhi.
Who are the current owners of the bungalow?
The current owners of the bungalow are Rajkumari Kakkar and Beena Rani, who are related to a royal family from Rajasthan.
What is the final sale price of the bungalow?
The bungalow has been sold for around Rs 1,100 crore, which is lower than the initial asking price of Rs 1,400 crore.
Who is the buyer of the bungalow?
The buyer is said to be a well-known businessman from India’s beverage industry, but the name has not been made public yet.
What makes Lutyens’ Bungalow Zone so valuable?
Lutyens’ Bungalow Zone is one of the most expensive and powerful areas in Delhi. It was designed by British architect Edwin Lutyens between 1912 and 1930 and is home to around 3,000 bungalows, most of which are government-owned and occupied by ministers and judges. The area's VIP location, large land size, and historic value make it highly valuable.
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