Select Group Acquires Rs 125 Crore Bungalow in South Delhi’s Prestigious Westend Colony

Select Group, a prominent hospitality and retail firm based in Delhi, has made a significant acquisition by purchasing a high-value residential property in the prestigious Westend Colony of South Delhi for Rs 125 crore. This transaction, registered on October 14, 2025, in the name of Select World Tours India Private Limited, underscores the enduring appeal of prime real estate in the capital.

The property, measuring 668.90 square meters (800 square yards), is located in one of the most sought-after low-density residential areas in South Delhi. The company paid a stamp duty of Rs 8.75 crore for the transaction, as per data from Zapkey, a real estate data analytics firm.

Westend Colony, situated close to the Diplomatic Enclave and Chanakyapuri, is renowned for its large plot sizes, proximity to embassies, and premium security infrastructure. These features make it a preferred address for high-net-worth individuals and corporate executives. Land and bungalow transactions in the area are typically infrequent and command some of the highest prices in Delhi’s residential market, according to market observers.

Select Group is well-known for its presence in luxury hospitality and retail assets in the Delhi-NCR region. The company is a partner in the Select CityWalk Mall in Saket, one of the capital’s largest and most popular shopping destinations. Despite the lack of immediate response from Select Group to queries, the acquisition highlights the company’s strategic focus on high-value, well-located properties.

The latest acquisition by Select Group underscores the continued interest by large real estate groups and their associate entities in premium residential assets in central and south Delhi. Even as most new supply remains concentrated in peripheral micro-markets, such marquee transactions highlight the enduring value of well-located land parcels in Lutyens’ Delhi and its surrounding elite residential zones, where limited supply continues to support pricing despite broader market cycles.

Other significant big-ticket deals in Delhi include the purchase of a 3,540-square yard bungalow on APJ Abdul Kalam Road (formerly Aurangzeb Road) in Lutyens’ Delhi by Mumbai-based Gentex Merchants Pvt Ltd, a company linked with steel baron Lakshmi Mittal, for Rs 310 crore in June 2025. This transaction was the costliest property deal in Delhi that year.

Earlier this year, ChrysCapital partner Sanjay Kukreja and his wife Shaveta Sharma, who is the Central Square Foundation CEO, bought a property in the exclusive Golf Links area for Rs 155 crore. Additionally, Ansal Group’s promoter Sushil Ansal's wife Kusum Ansal sold her bungalow at Feroze Shah Road for Rs 241 crore. The property was purchased by a Gujarat-based firm, Yatah Enterprise.

These transactions collectively demonstrate the strong demand for premium residential properties in Delhi’s most elite neighborhoods, driven by their unique combination of location, security, and prestige.