In a market where prime land parcels are increasingly rare, a marquee transaction in South Delhi’s West End Colony has once again underlined the enduring pull of the capital’s elite residential neighbourhoods.
Arjun Sharma, co-founder of the Select CityWalk mall and currently a non-executive nominee director at Nexus Select Trust, has acquired a high-value bungalow in West End for Rs. 125 crore. Property records analysed by real estate data firms show the transaction was executed through Select World Tours India Private Limited, a company associated with the Select Group.
The deal was registered on October 14, 2025, and involved a plot measuring 668.90 square metres, or roughly 800 square yards. Stamp duty paid for the transaction stood at Rs. 8.75 crore, reflecting the premium pricing typical of this tightly held pocket of South Delhi.
West End Colony is widely regarded as one of the capital’s most exclusive low-density residential areas. Located close to the Diplomatic Enclave and Chanakyapuri, the neighbourhood is known for its large plots, proximity to embassies, and enhanced security infrastructure. With an estimated 100 independent bungalows, transactions here are infrequent, and when they do occur, they often set benchmarks for luxury pricing in Delhi’s property market.
Market observers say the appeal of West End lies not only in its location but also in the flexibility it offers. Unlike Lutyens’ Delhi, which is governed by stricter redevelopment norms, West End allows more construction leeway, making it attractive for buyers looking to rebuild or develop multi-level luxury homes. This combination of exclusivity and redevelopment potential continues to fuel demand among high-net-worth individuals.
Sharma’s acquisition also reflects a broader pattern of investment by business leaders and real estate-linked promoters into prime residential assets. With interests spanning tourism, hospitality, and commercial real estate, Sharma has previously been associated with heritage resorts in destinations such as Manesar and Goa, and has held leadership roles in travel companies including Sita Travels and Le Passage to India. The West End purchase marks a significant addition to this portfolio, extending it firmly into South Delhi’s ultra-luxury housing segment.
Industry experts note that demand for independent bungalows and premium floors in South and Central Delhi has remained resilient, even as new housing supply is largely concentrated in peripheral micro-markets. Limited availability of clear-titled land, coupled with renewed buyer confidence, has pushed prices higher in Category A and B colonies.
According to market estimates, luxury property prices in these areas rose by 12 to 17 percent during the third quarter of 2025, driven by redevelopment activity and a steady flow of high-value transactions. Developers and investors are increasingly acquiring older plots to construct modern, multi-storey residences that cater to evolving preferences for larger homes, contemporary amenities, and sustainability features.
Broader investor sentiment also remains supportive of residential real estate as a long-term asset class. Recent surveys suggest that while optimism has moderated slightly compared to last year, a significant share of affluent buyers continues to view Indian real estate as a reliable avenue for wealth preservation and capital appreciation, particularly in well-established urban cores.
For South Delhi, transactions such as this reinforce the area’s status as a preferred address for India’s wealthy. Despite changing market cycles and shifting development trends, the fundamentals of location, scarcity, and prestige continue to underpin demand.
As new supply remains limited and redevelopment gathers pace, West End Colony and similar enclaves are likely to remain firmly on the radar of investors seeking both exclusivity and long-term value.
