The Delhi-based Select Group has completed a high-profile acquisition of a residential property in Westend Colony, South Delhi, for Rs 12.5 billion, highlighting the sustained interest of large real estate firms in premium central-city assets. Registered under Select World Tours India Private Limited on 14 October 2025, the 668.9-square-metre property reflects the enduring appeal of low-density, high-security neighbourhoods in the national capital.
Westend Colony, renowned for its proximity to the Diplomatic Enclave and Chanakyapuri, continues to attract high-net-worth individuals and corporate executives, with land and bungalow transactions remaining rare. Industry observers note that such acquisitions reinforce the strategic value of prime plots where limited supply continues to underpin property valuations. Select Group, a prominent player in hospitality and retail led by chairman Arjun Sharma, has a strong presence in Delhi-NCR through assets such as Select CityWalk Mall, developed in partnership with Blackstone and structured as India’s first mall REIT. Analysts suggest the Westend Colony purchase complements the group’s broader portfolio strategy, enabling diversification into luxury residential holdings while maintaining exposure to high-value urban assets.
Financial data indicate the buyer paid stamp duty of Rs 0.875 billion for the transaction, further underlining the scale of investment involved. According to real estate experts, marquee acquisitions of this nature signal investor confidence in stable, well-located properties despite broader market fluctuations and peripheral housing supply growth. The transaction aligns with Select Group’s track record of strategic investments across hospitality, retail, and premium real estate. “Investing in elite central Delhi neighbourhoods ensures long-term capital appreciation and portfolio resilience,” an industry official observed. Westend Colony’s low-density layout, stringent security, and proximity to key institutional hubs continue to support high demand for premium residences.
This acquisition forms part of a larger trend of high-value residential deals in South and Lutyens’ Delhi. Recent notable transactions include Mumbai-based Gentex Merchants’ Rs 31 billion purchase on APJ Abdul Kalam Road, and ChrysCapital partners’ Rs 15.5 billion deal in Golf Links. Analysts emphasise that such transactions indicate enduring confidence in limited-supply prime residential zones, even amid broader real estate market cycles. The Select Group deal underscores the strategic importance of central Delhi’s elite residential clusters in wealth and asset management strategies, while also reflecting the broader stability and appeal of well-planned, high-security urban neighbourhoods. For the city, these investments sustain market dynamism and reinforce the value of centrally located land assets that are difficult to replicate in newer peripheral developments.
Select Group Acquires Prime Westend Colony Home South Delhi Rs 12500 Crore
