Essel group chairman Subhash Chandra sells Lutyens' Delhi bungalow for Rs 1,260 crore: Report

Essel group Chairman Subhash Chandra has reportedly sold a prime Lutyens' Delhi bungalow for Rs 1,260 crore to an unnamed businessman. The nearly 3-acre property on Bhagwan Das Road, acquired by Chandra in 2015 for Rs 304 crore, has seen a more than four-fold increase in value. This transaction is considered one of the costliest property deals in recent times.

Essel group chairman Subhash Chandra sells Lutyens' Delhi bungalow for Rs 1,260 crore: Report
Essel group Chairman Subhash Chandra has reportedly sold a prime Lutyens' Delhi bungalow for Rs 1,260 crore to an unnamed businessman. The nearly 3-acre property on Bhagwan Das Road, acquired by Chandra in 2015 for Rs 304 crore, has seen a more than four-fold increase in value. This transaction is considered one of the costliest property deals in recent times.