Archive · 27 Sep 2025
Lakshmi Mittal Buys Rs 310 Crore Delhi Mansion
Imagine a very rich person, Lakshmi Mittal, buying a huge, fancy house in Delhi.
This house cost a whopping Rs 310 crore!
It's located in a super-exclusive area, like a special neighborhood for wealthy people.
The house used to belong to a royal family.
This big purchase is a sign that rich people are still very interested in owning fancy houses in prime locations, even when the economy isn't doing so great.
The house has a lot of space and is located in an area with a lot of history.
Lakshmi Mittal's company bought a Delhi bungalow for Rs 310 crore.
The property is located on APJ Abdul Kalam Road, Delhi.
The bungalow was formerly owned by the royal family of Alwar.
The purchase highlights the exclusivity of Lutyens' Delhi.
Mittal owns multiple luxury properties, including a London mansion.
- Who
- Lakshmi Mittal, through a Mumbai-based company.
- What
- Purchased a bungalow in Delhi.
- When
- The purchase was registered in June 2025.
- Where
- APJ Abdul Kalam Road in Delhi (Lutyens' Delhi).
- Why
- To acquire a prestigious property in an exclusive area and consolidate presence in a handful of ultra-exclusive neighborhoods.
- Buyer
- Gentex Merchants Pvt Ltd (linked to Lakshmi Mittal)
- Property Location
- APJ Abdul Kalam Road, Delhi (formerly Aurangzeb Road)
- Purchase Price
- Rs 310 crore
- Property Size
- 3,540 square yards (31,860 square feet)
- Price per Square Yard
- Rs 8.75 lakh
- Former Owner
- Maharaj Kumar Yashwant Singh of Alwar
- Stamp Duty
- Rs 21.7 crore
- Lakshmi Mittal's Net Worth (Sep 2025)
- US$20.2 billion