Smiti Agarwal, a director at Wesbok Lifestyle Pvt Ltd and the spouse of V Bazaar CMD Hemant Agarwal, has recently made headlines by purchasing an apartment in The Camellias by DLF in Gurugram for a staggering Rs 95 crore. This information comes from documents accessed by CRE Matrix, a real estate data analytics firm.
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According to a report by Moneycontrol, the sale deed in Smiti Agarwal’s name was finalised on January 18, 2024. As part of the transaction, she paid a stamp duty of Rs 4.75 crore, along with registration fees amounting to Rs 50,003.
According to the documents, the 10,813-square-foot apartment is situated within DLF The Camellias, an upscale luxury condominium located on Golf Course Road, DLF Phase 5 in Gurugram. Additionally, the apartment boasts five parking spaces.
According to the documents, the property was sold at Rs 87,857.20 per square foot.
The Delhi-NCR region, which includes Gurugram, has seen numerous high-end property transactions, with this purchase being the most recent addition to the list.
Recent Deals
In October 2023, a resale of an 11,000 square foot apartment at The Camellias by DLF in Gurugram’s Golf Course Road fetched over Rs 100 crore.
During the same month, Rajesh Magow, the group CEO of MakeMyTrip, acquired a 6,428 square foot apartment in DLF Magnolias, also located in Gurugram, for Rs 33 crore.
Additionally, in a separate transaction, Piyush Mehta, the chief human resources officer of Genpact, purchased a 6,462 square foot flat in the same complex for Rs 32.60 crore.
In February 2023, Vasudha Rohatgi, the spouse of former attorney general of India Mukul Rohatgi, acquired a 2,100 square yard (or 18,900 square foot) bungalow in Delhi’s prestigious Golf Links area for Rs 160 crore.
Delhi NCR Region
Spanning across Haryana, Uttar Pradesh, and Rajasthan, the National Capital Region (NCR) of India throbs with the energy of its diverse cities. Gurugram, a major commercial hub, boasts modern skyscrapers and IT companies, while Faridabad hums with industrial activity. Ghaziabad bustles with manufacturing and education, while Noida and Greater Noida showcase planned development with their IT parks. More cities from these states have been added in the NCR region.
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