Subhash Chandra, Chairman of Essel Group, has sold his bungalow in Delhi’s Lutyens’ Zone for 1,625 crore rupees (approximately $200 million USD). The property was originally purchased in 2015 for 304 crore rupees. This sale represents a more than fourfold increase in value over the past decade, highlighting the significant appreciation of luxury real estate in the area. The Lutyens’ Zone is known as one of Delhi’s most exclusive and expensive residential areas. The transaction underscores a trend of high-value property deals in the Indian capital. No details were provided regarding the buyer of the property. The sale price reflects the current strong demand and escalating costs within Delhi’s premium housing market.