Executives of Boundary Holdings Acquire Luxury Property in Delhi For INR 76 Crores

Rajat Khare, founder of the Luxembourg-based venture capital firm Boundary Holding, and Shweta Khare, president of the same firm, have purchased a 948-square-yard plot in Delhi's Anand Niketan for 876 crore, according to two individuals with knowledge of the transaction. 

According to the registry documents accessed via CRE Matrix, they paid 3.8 crore rupees in stamp duty on the transaction. Anand Niketan is one of the residential areas preferred by HNIs due to its proximity to Lutyens' Delhi and its accommodating redevelopment regulations, as it is administered by South Delhi.

In the area, property buyers can construct upto to 4 floors.

South Delhi is the preferred location for NRIs due to the advantages of construction based on demand.