Delhi’s Luxury Real Estate Gets a Boost with Vineet Kapur’s ₹72 Cr Vasant Vihar Property Purchase

Founder Vineet Kapur Acquires ₹72 Crore Vasant Vihar Bungalow Amidst Delhi's Luxury Real Estate Surge Introduction In a significant move reflecting the buoyancy of Delhi's luxury real estate market, Vineet Kapur, founder and managing director of skincare brand O3+, along with his wife Sonia Kapur, has purchased a bungalow in the upscale Vasant Vihar area for ₹72 crore. This acquisition underscores the growing demand for premium residences in South Delhi. The Acquisition Details The bungalow, located at House No. F-9/6 in Vasant Vihar, spans approximately 6,160 square feet (663 square meters). The transaction was registered in the first week of April 2025, with a stamp duty payment of ₹1.8 crore. The property was acquired from NRI seller Dalip Pathak. Vasant Vihar: A Hub for Luxury Real Estate Vasant Vihar has long been recognized as one of Delhi's most prestigious neighborhoods, attracting high-net-worth individuals and business leaders. The area is known for its spacious bungalows, green surroundings, and proximity to diplomatic enclaves. Recent high-profile transactions in the vicinity include: South Delhi's Real Estate Potential South Delhi, particularly areas like Vasant Vihar, has emerged as a hotspot for luxury homebuyers. Industry estimates peg the real estate potential of this upscale region at an astounding ₹5.65 lakh crore across 42 colonies regulated by the Municipal Corporation of Delhi (MCD). These colonies, largely classified under Categories A and B, are home to a significant number of high-value residential plots, both occupied and vacant. The Rise of Luxury Housing in Delhi-NCR The Delhi-NCR region has witnessed a surge in luxury housing sales, driven by increasing affluence, generational wealth transfers, and a desire for bespoke, premium living environments. Experts anticipate sustained momentum in this segment as demand continues to rise across both established and emerging luxury micro-markets. Conclusion Vineet Kapur's acquisition of a ₹72 crore bungalow in Vasant Vihar not only reflects his personal success but also highlights the robust demand for luxury residences in Delhi's prime locations. As South Delhi continues to attract high-profile buyers, the area's real estate market is poised for sustained growth.

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