In a record-breaking real estate transaction, Jawaharlal Nehru’s first official residence in Delhi, located at 1, Motilal Nehru Marg in the prestigious Lutyens’ Bungalow Zone (LBZ), is nearing a sale valued at around ₹1,100 crore. This historic bungalow, with deep political and architectural legacy, is now redefining luxury property benchmarks in India.

Explore Other Prime Real Estate Opportunities in NCR

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• Flats in Chattarpur & Vasant Kunj – Affordable options with excellent metro connectivity.

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• Prime Location in Lutyens’ Zone: The LBZ is globally recognized for its sprawling plots, colonial-era bungalows, and proximity to India Gate, Parliament, and diplomatic enclaves.

• Historical Significance: Beyond real estate value, the bungalow carries immense historical weight as Nehru’s first official home post-Independence.

• Record-Breaking Price: At nearly ₹1,100 crore, this transaction sets a new benchmark for luxury bungalows in Delhi and India overall.

Why This Property is India’s Most Expensive Sale

Lutyens’ Zone: The Crown Jewel of Delhi Real Estate

The Lutyens’ Bungalow Zone is often called the “Billionaires’ Row of Delhi.” With highly restrictive development rules, limited availability, and political significance, properties here rarely enter the market. This scarcity drives prices into record-breaking territory.

For investors, owning property in Lutyens’ Zone is not just about luxury—it’s about exclusivity, legacy, and guaranteed appreciation.

The Rising Demand for Heritage and Ultra-Luxury Properties

This landmark deal reflects a broader trend: India’s elite and global investors are increasingly drawn to heritage-rich ultra-luxury real estate. The Nehru residence sale demonstrates how historical and political value, when combined with prime land, can command unprecedented pricing.

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To strengthen your understanding of India’s evolving luxury property market, explore these handpicked blogs on TFRG:

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• Why Buyers Are Choosing Flats Near Sky Mansion Chattarpur Over the Tower

• Delhi Govt Unveils Draft Industrial Policy 2025–35: ₹400 Crore VC Fund, AI Boost & Plug-and-Play Tech Parks

• Entertainland by Orris Group Debuts in New Gurugram: A 1.5 Lakh sq ft Lifestyle Hub Blending Shopping, Dining & Fun

Nehru’s First Delhi Residence: A Landmark in Indian Real Estate History

What This Means for Luxury Property Buyers

• Boost to Delhi’s Premium Real Estate Market: Expect ripple effects on pricing for other LBZ and South Delhi luxury properties.

• Increased Interest from NRIs: Similar to high-value transactions in Gurugram and Noida, NRIs are expected to view Lutyens’ Zone properties as secure, high-return assets.

• New Benchmark for Investment: With this sale, ultra-luxury homes in Delhi NCR may see price escalations, particularly in Chattarpur, Vasant Vihar, and Golf Links, which are already prime zones.

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With booming infrastructure, excellent connectivity, and rising demand, Gurugram, Manesar, Chattarpur, Vasant Kunj, and Vasant Vihar have become top choices in Delhi NCR for luxury living and high-return real estate investments.

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