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The historic bungalow at 17 York Road, once Jawaharlal Nehru’s residence, was sold for Rs 1,100 crore in Lutyens’ Delhi to a beverage sector industrialist
Spread over 28 square kilometres, the LBZ was designed by British architect Edwin Lutyens in the early 20th century. (News18 Hindi)
A historic bungalow in the heart of Lutyens’ Delhi, once the first official residence of Prime Minister Jawaharlal Nehru, has been sold in one of the capital’s biggest property transactions, valued at around Rs 1,100 crore. The property, located at 17 York Road, now called Motilal Nehru Marg, is among the most prestigious addresses in Delhi. According to a report in Free Press Journal (FPJ), the deal was sealed after the sellers agreed to lower the initial asking price from Rs 1,400 crore.
The current owners of the bungalow are Rajkumari Kakkar and Bina Rani, who are said to be members of a Rajasthani royal family. Spread across nearly 14,973 square metres (about 3.7 acres) with a built-up area of 24,000 square feet, the estate carries both historical and architectural weight.
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Although the buyer’s identity has been withheld, FPJ quoted sources claiming that the new owner is a leading industrialist linked to the beverage sector. The transaction is nearing completion, with a top-tier law firm now vetting the title deeds of the property.
As part of legal procedure, representatives of the buyer have issued a public notice calling on anyone with claims over the estate to come forward within seven days. The notice states that in the absence of objections, it will be presumed that there are no competing claims.
The bungalow’s significance lies not only in its connection to Nehru but also in its location inside the Lutyens Bungalow Zone (LBZ). Spread over 28 square kilometres, the LBZ was designed by British architect Edwin Lutyens in the early 20th century and remains the most exclusive real estate enclave in the national capital.
Of the nearly 3,000 bungalows built in this area, most are government-owned and allotted to ministers, senior officials, and judges. Only about 600 remain in private hands, often belonging to the country’s wealthiest industrialists and business families.
The combination of its heritage value, sprawling land size, and VIP location makes the Nehru bungalow one of the rarest and most coveted properties in Delhi, accessible only to a handful of billionaires.
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