Zomato Founder Deepinder Goyal Buys 5-Acre Land In Delhi - Know Price, Location And Other Details

Zomato founder Deepinder Goyal has recently purchased a 5-acre land parcel in Delhi's Dera Mandi village for a total of Rs 79 crore. According to the Economic Times report quoting real estate data analytics firm CRE Matrix, the acquisition was carried out in two separate transactions, with the initial 2.5 acres purchased for Rs 29 crore in March 2023.
Zomato Founder Deepinder Goyal

Zomato Founder Deepinder Goyal (Image Source: Twitter)

Zomato founder Deepinder Goyal has recently purchased a 5-acre land parcel in Delhi's Dera Mandi village for a total of Rs 79 crore. According to the Economic Times report quoting real estate data analytics firm CRE Matrix, the acquisition was carried out in two separate transactions, with the initial 2.5 acres purchased for Rs 29 crore in March 2023, followed by the acquisition of the next 2.5 acres for Rs 50 crore in September 2023.
This trend of affluent individuals investing in farmhouses has gained momentum in the post-COVID era, with a surge in demand for such properties. According to a survey conducted by India Sotheby’s International Realty (ISIR), 83% of wealthy Indians possess multiple luxury properties, showcasing a growing inclination towards diversified real estate portfolios within the elite demographic.
Besides primary residences, the survey highlights ownership of commercial real estate (34%), holiday homes (25%), agricultural land (21%), and farmhouses (20%).
Also, other prominent figures such as JC Chaudhary, founder of Aakash Educational Services Ltd, and Jaquar, India's premium sanitary ware company, have also made substantial investments in farmhouses. The report added that Chaudhary acquired a 5-acre farmhouse in South Delhi for Rs 96 crore, while Jaquar purchased three farmhouses in Westend Greens for approximately Rs 235 crore.
Delhi stands out as the only Indian city with designated areas for farmhouses in its master plan, located in clusters around Mehrauli, Panipat, Bijwasan, Rajokri, and Chattarpur. Approximately 300 farmhouses, ranging from INR 10 crore to INR 150 crore, are currently available for sale in sought-after areas such as Westend Greens, Sultanpur, Pushpanjali, Vasant Kunj, DLF Chhattarpur, Radhey Mohan Drive, and Ansal Satbari.
In total, there are around 4,000 farmhouses spread across 18 villages in and around New Delhi, varying in size from half an acre to 2.5 acres each
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