Usha Mittal Seeks 95-Year-Old Delhi Mansion to Expand Lutyens Estate
Updated
Updated · Bloomberg · Aug 3
Usha Mittal Seeks 95-Year-Old Delhi Mansion to Expand Lutyens Estate
1 articles · Updated · Bloomberg · Aug 3
Summary
Usha Mittal privately approached octogenarian Yashwant Singh in summer 2024 about buying his 95-year-old mansion on New Delhi's APJ Abdul Kalam Road, according to people familiar with the matter.
The proposed purchase would give Lakshmi Mittal's family a contiguous parcel next to their existing home in Lutyens Delhi, one of India's most exclusive residential enclaves.
The outreach came during a tea invitation to the Singh family, former rulers of Alwar, who have lived at the property since 1971.
The approach underscores how India's wealthy are intensifying a buying spree in Lutyens Delhi, where large legacy estates rarely come up for sale.