Boundary Holding's top executives buy land in Delhi for Rs 76 crore
Boundary Holding, and Shweta Khare, president at the same company, have purchased a 948-square-yard plot for ₹76 crore in Delhi's Anand Niketan, two persons aware of the development said.
According to the registry documents accessed through CRE Matrix, they have paid ₹3.8 crore as stamp duty for the transaction. Anand Niketan is among the residential areas preferred by HNIs because of its proximity to Lutyens' Delhi and friendly redevelopment regulations, as it comes under South Delhi administration.
In the area, property buyers can construct up to 4 floors.
«The advantage of constructing as per requirement has made south Delhi the preferred choice for NRIs. We have also recently sold a bungalow in Nizamuddin for ₹61 crore,» said Pradeep Prajapati, founder of real estate consultancy firm Wealthvisory Capital.
