Delhi, the political and cultural heart of India, is not just home to the nation’s power corridors but also to some of the wealthiest individuals in the country. As of 2024, Delhi houses 57 billionaires, a remarkable statistic underscored by the city’s inclusion in the prestigious 2024 Forbes and Hurun Global Rich Lists. The capital city boasts a combined wealth approaching $1 trillion, and with such affluence comes opulence in every facet of life—particularly in the real estate sector. Delhi’s luxurious homes are among the most expensive in India, reflecting the grandeur and wealth of their owners. Let’s take a closer look at the 7 most expensive residences in the capital.
1. Renuka Talwar’s Bungalow: A Landmark Deal in Prithviraj Road
Renuka Talwar, the influential businesswoman and CEO of DLF Limited’s luxury division, owns one of the most expensive properties in Delhi. She purchased this massive bungalow in 2016 from Kamal Taneja, the MD of TDI Infracorp, for a staggering price of Rs 435 crore. Spanning nearly 5,000 square meters, the bungalow itself covers about 1,189 square meters. The property was sold at Rs 8.8 lakh per square meter, making it a record-breaking deal on Prithviraj Road. The sprawling estate reflects Talwar’s status in the luxury real estate sector and her association with one of India’s most prestigious property developers.
2. Harish Ahuja’s Lavish Bungalow
Harish Ahuja, the managing director of Shahi Exports Pvt Ltd, a major player in India’s garment industry, resides in a remarkable Rs 173 crore bungalow located on Prithviraj Road. This opulent eight-storey home is part of Ahuja’s diversified portfolio, which includes properties in London’s posh Notting Hill. The expansive 3,170 square yard property is an ideal symbol of Ahuja’s wealth, and his global business presence is reflected in the luxurious scale of his home.
3. Naveen Jindal’s Prestigious Lutyens Bungalow
Naveen Jindal, the industrialist behind Jindal Steel and Power Limited, owns a palatial residence in Delhi’s exclusive Lutyens Bungalow Zone (LBZ). This iconic white bungalow, valued between Rs 125-150 crore, is a statement of both business success and political influence. The LBZ area, renowned for its prime location and historical significance, is home to many of India’s elite, and Jindal’s property is one of the standout homes in the area.
4. Ruia Mansion: Colonial Charm Meets Modern Luxury
The Ruia Mansion, owned by Essar Group founders Shashi and Ravi Ruia, is a stunning example of colonial architecture combined with modern luxury. This sprawling property, valued at Rs 92 crore, is located on a vast 2.2-acre plot and boasts expansive lawns, a swimming pool, and a luxurious living space. The Ruias, who turned Essar Group into a global conglomerate, have built a mansion that speaks volumes about their success and taste for grandeur.
5. Lakshmi Mittal’s Lutyens’ Bungalow
Lakshmi Mittal, one of the wealthiest individuals globally and the chairman of ArcelorMittal, owns a remarkable property in Delhi’s Lutyens’ zone. Known for transforming his family’s small steel business into a global leader, Mittal’s Delhi residence reflects his tremendous business achievements. According to reports, he purchased this property for Rs 31 crore, which is modest compared to some of the other mansions but still represents his elite status within the city.
6. Vijay Shekhar Sharma’s Golf Links Bungalow
Vijay Shekhar Sharma, the founder of Paytm and the youngest Indian billionaire according to Forbes, has joined the ranks of Delhi’s elite by purchasing an Rs 82 crore bungalow in the exclusive Golf Links area. This prime real estate, located in the Lutyens Bungalow Zone, is highly sought after due to its central location, historical importance, and proximity to key government offices. Sharma’s acquisition solidifies his position among Delhi’s wealthiest and most influential figures.
