Bungalows in Lutyens' Delhi Up For Sale

In an unprecedented development, more than 20 bungalows in LBZ are up for sale, their prices ranging from Rs 75 crore to Rs 170 crore, depending on the plot size and location. Portals that only deal in high-end, luxury properties have listed several from this area in the last couple of months rather than a couple they used to earlier. From a 7,500-sq ft bungalow near Khan Market (Rs 150 crore) and an equally spacious bungalow on Hailey Road (Rs 170 crore) to 8,000-10,000-sq ft residences in Sunder Nagar costing Rs 75-90 crore, the house’s distance from Rajpath determines the price. Comparatively, three-bedroom apartments in Chanakyapuri's diplomatic zone are available for Rs 20-40 crore. Developed by Edwin Landseer Lutyens, the British architect of New Delhi, this exclusive ‘zone’ was originally spread across 19.1 sq km. There are strict height, floor-area-ratio and reconstruction norms for this heritage zone to protect its low skyline. There are around 3,000 bungalows in the area, which mostly house top ministers, judges and government officials. The number of privately held bungalows and homes in LBZ is around 600.