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HCL chairman Shiv Nadar buys bungalow for daughter in Delhi at Rs 115 crore

New Delhi: HCL chairman Shiv Nadar has bought a bungalow for his daughter Roshni Nadar in the Friends Colony East area of Delhi for Rs 115 crore.The deal makes it one of the largest recent

India TV News Desk Published : Oct 31, 2014 12:29 IST, Updated : Oct 31, 2014 13:13 IST

This means nobody would be allowed to buy land and immovable properties in these colonies for less than Rs 6.45 lakh per sq m. However the Nadar's deal was concluded just before the latest revision, the paper further said.

The land rates in Category B neighbourhood like Andrews Ganj, Kalkaji, Munirka Vihar and Nehru Enclave have been increased to Rs 2,45,520 as against current rate of Rs 2,04,600 per sq m.

The circle rates were first introduced in Delhi in 2007, dividing the capital into eight categories, and were notified under the provisions of the Delhi Stamp (Prevention of Undervaluation of Instruments) Rules, 2007 on July 18, 2007.

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