Indian billionaire Lakshmi Mittal-linked company, Gentex Merchants Pvt Ltd, has bought a 31,860 square feet bungalow on APJ Abdul Kalam Road (formerly Aurangzeb Road) in Lutyens’ Delhi for Rs 310 crore, Moneycontrol reported, quoting people aware of the matter. The deal is being termed as the costliest transaction of 2025 in Delhi so far. The Mittal-linked firm is based in Mumbai. Mittal already owns a bungalow on Prithviraj Road in Lutyens' Delhi.

Rs 310 crore Bungalow

The bungalow measures 3,540 square yards, or 31,860 square feet. When computed on per square yard, the deal translated to Rs 8.75 lakh per square yard. According to the registration documents, the deal was registered in June 2025. The buyer paid a stamp duty of Rs 21.70 crore for the transaction.

Who previously owned th

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