A Look At The Business Titans Living In Lutyens’ Delhi After Subhash Chandra’s INR 1,260 Crore Deal

Before glass skyscrapers, private islands and ultra modern villas became the new symbols of wealth, India’s definition of luxury was found along the quiet tree lined avenues of Lutyens’ Delhi. Here, sprawling lawns, colonial inspired architecture and immense privacy created a world where a home was not just a residence but a marker of legacy, influence and permanence. The value of these addresses has only grown with time, with some transactions reaching extraordinary levels. Recently, Essel Group Chairman Subhash Chandra agreed to sell his 2.8 acre bungalow on Bhagwan Das Road for a reported INR 1,260 crore, making it one of India’s most expensive real estate deals. Chandra had purchased the property in 2015 for INR 304 crore, highlighting the remarkable appreciation of Lutyens’ Delhi estates. Outlook Luxe takes a look at the top businessmen and industrial families who call this historic enclave home.

Kumar Mangalam Birla

The chairman of Aditya Birla Group, Kumar Mangalam Birla represents one of India’s most established business dynasties. His acquisition of a sprawling bungalow on Prithviraj Road in 2015, reportedly valued at around INR 400 crore, placed him among the most prominent residents of Lutyens’ Delhi. Spread across nearly 2.8 acres, the estate reflects the scale and quiet grandeur associated with one of India’s most influential industrial families.

Also Read: What Defines A Gentleman Estate? Must-Have Features Of Elite Properties

Sunil Bharti Mittal

The founder and chairman of Bharti Enterprises, Sunil Bharti Mittal, has long been associated with the prestige of Lutyens’ Delhi. His residence on Amrita Shergill Marg remains one of the notable private homes in the area, while his reported acquisition on Dr. APJ Abdul Kalam Road, valued around INR 300 crore, further strengthened the family’s presence in one of the country’s most valuable real estate circles. For Mittal, these properties represent more than homes; they represent legacy assets.

Naveen Jindal

The chairman of Jindal Steel and Power, Naveen Jindal, also holds a prestigious position among Lutyens’ Delhi’s elite homeowners. His family residence on Sardar Patel Marg reflects the influence of the Jindal legacy, combining private luxury with the exclusivity of an address where properties often command values between INR 150 crore and INR 200 crore.

Rajiv Singh

As the chairman of DLF Limited, Rajiv Singh understands the language of exceptional property better than most. His reported acquisition on Dr. APJ Abdul Kalam Road, valued around INR 290 crore, highlights the enduring appeal of Lutyens’ Delhi. Even those who shape India’s modern real estate landscape recognise the unmatched value of owning a piece of the capital’s historic core.

Also Read: Inside The Real Estate Choices Of India’s Wealthiest Founders

V.C. Burman

The Burman family, known as the promoters of Dabur India, has also secured a place among Lutyens’ Delhi’s distinguished residents. V.C. Burman’s reported purchase of a 1.2 acre bungalow on Dr. APJ Abdul Kalam Road, valued at around INR 160 crore, reflects a preference for properties that offer both personal comfort and long term legacy value.

The Mittal Family

While the family of steel magnate ArcelorMittal founder Lakshmi Niwas Mittal is globally known for extraordinary properties, their connection with Lutyens’ Delhi reflects the importance of maintaining roots in India’s most prestigious neighbourhood. A reported acquisition by the family on Dr. APJ Abdul Kalam Road, estimated between INR 200 crore and INR 250 crore, shows how India’s wealthiest families continue to view these historic residences as essential pieces of their global real estate collections.