Arjun Sharma, co-founder of Select City Walk mall and currently a non-executive nominee director at Nexus Select Trust, has acquired a high-value bungalow in South Delhi’s West End for Rs 125 crore, according to property records analysed by CRE Matrix. The acquisition, executed through his firm Select World Tours, highlights the continued demand for scarce prime properties in the capital’s luxury residential segment.
Stamp duty for the transaction was recorded at ₹8.75 crore. Industry experts note that West End remains a highly sought-after enclave, with only around 100 independent bungalows, creating a persistent scarcity that fuels premium pricing. “The colony has varying plot categories and allows construction flexibility unlike Lutyens’ Delhi, which enhances its appeal,” explained a senior property consultant based in South Delhi. Sharma brings extensive experience across tourism, hospitality, and commercial real estate, having led heritage resorts in Manesar and Goa and previously chaired Sita Travels and Le Passage to India. His professional trajectory demonstrates a consistent alignment with asset development and strategic property investment, now extending into South Delhi’s luxury residential landscape. Market analysts suggest that high-net-worth individuals (HNIs) are increasingly targeting prime independent floors and bungalows amid limited clear-titled supply. “South Delhi has seen a surge in luxury transactions due to constrained inventory and renewed buyer confidence,” said a boutique real estate advisor. Recent redevelopment activity, including multi-floor independent constructions on acquired plots, is driving transaction volumes and pushing average property prices higher by 12-17% in Category A and B colonies during Q3 2025.
This activity coincides with broader investor sentiment. A survey conducted by India Sotheby’s International Realty indicates that nearly half of respondents anticipate 12-18% returns from residential real estate, although overall optimism has moderated from 79% in 2024 to 71% in 2025. Despite this, most HNIs and ultra-high-net-worth individuals (UHNIs) continue to view India as a strong long-term growth market, projecting GDP growth around 6-6.5%. The acquisition also underscores an ongoing trend where developers are purchasing older plots to construct multi-level, luxury residential units, catering to evolving preferences for modern amenities, sustainability, and lifestyle integration. South Delhi’s strategic mix of connectivity, exclusivity, and redevelopment potential maintains its status as a premier market for wealth preservation and upscale living.
Overall, Sharma’s West End purchase exemplifies the interplay of scarcity, strategic investment, and lifestyle considerations shaping the capital’s luxury residential sector. Analysts expect continued activity in similar high-value segments, driven by HNI demand and limited availability of prime properties.
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Delhi South End Arjun Sharma Buys Bungalow In West End For 125 Crore
