Akhil Wable, founder of DATAFORINDIA, has acquired a plot of 1,280 square garden in Vasant Vihar for RS 113 Crore by Eleannt Enterprises.
The real estate company based in South Delhi had bought the plot for RS 95 Crore in January of this year and paid RS 6.65 Crore in stamp rights.
Sources said that the local authority does not give permission to build on the plot because of the proximity of the Ridge area.
It had reported in May that Eleannt Enterprises had bought the conspiracy in one of the most expensive land deals in Zuiddelhi.
“South Delhi has shown a considerable appetite for real estate. The fact that only a limited inventory comes on the market, especially of owners who want to earn money with their assets, means that they want to find both investors and end users who want to pay a premium. This has led to an unprecedented price value. Golden Growth Fund, a category II)).
Golden Growth Fund (GGF) recently acquired a land package in Neeti Bagh in South Delhi.
The real estate potential of South Delhi, one of the most luxurious regions in India, is estimated at RS 5.65 Lakh Crore.
About 18,446 suddenly are available in the 42 category A, B and C colonies in South Delhi, with sizes ranging from 125 square meters to 1,750 square meters. The average price varies between RS 6-15 Lakh per square garden, according to data.
The municipal company of Delhi (MCD) has classified all colonies in Delhi in eight categories – A, B, C, D, E, F, G and H.
Circle rates, real estate tax rates and sealing rights for real estate registration are determined on the basis of these categories.
The most lucrative colonies, which are under categories A and B, are usually in South Delhi.
About 3,704 suddenly are available in the 13 category A colonies, with sizes ranging from 200 square meters to 1200 m². About 12,720 suddenly are available in the 27 category B colonies, with sizes ranging from 125 m² to 1,750 m², according to the data.
Category A and B Colonies Include Mayfair Garden, Panchsheeel Park (N, S, And E Blocks), Sadhna Enclave, Anand Nikke, Vasant Vihar, Shanti Nistten, West, Chanakyapuri, Golf Left, Jor Bagh, Sundar Nagar Bagh, Chayag and Claid Park, and Niti Bagh, among others.
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