Royal Real Estate Deal: Delhi's Billion-Rupee Property Sale

National National

Posted by AI on 2026-02-11 05:02:19 | Last Updated by AI on 2026-02-11 06:52:00

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In a move that has sent ripples through the real estate market, Maharaja Manujendra Shah of Tehri is poised to part with a piece of his royal legacy, offering a prime 3.2-acre property in the heart of Delhi for a staggering Rs 1,000 crore. This sale, if finalized, will be one of the most significant transactions in the city's recent history, attracting attention from both the business and aristocratic circles.

The property, located at 5, Bhagwan Das Road, is a prestigious address in the capital, known for its historical significance and proximity to landmarks like India Gate and the Parliament House. The land, once a part of the royal estate of Tehri, has been in the Shah family's possession for generations, serving as a symbol of their rich heritage and influence.

The buyer, a prominent food entrepreneur, is set to acquire this valuable asset, marking a significant expansion of their business empire. This acquisition is not just a real estate transaction but a strategic move, as the new owner will gain a prestigious address and a potential landmark for their business ventures. The sale also reflects a growing trend of business tycoons investing in prime real estate, often with the intention of developing iconic projects that leave a lasting impact on the city's landscape.

As the deal nears completion, the city's real estate market is abuzz with anticipation. This transaction will undoubtedly set a new benchmark for property values in the area and could spark further interest in Delhi's historic properties. With the Maharaja's decision to sell, a new chapter in the city's development unfolds, blending the rich tapestry of its past with the ambitions of modern entrepreneurs.

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