Steel magnate Lakshmi Mittal owns a Lutyens-zone mansion bought in 2005 for about ₹31 crore. Spread across roughly 2.5 acres, the residence includes multiple bedrooms, elegant living areas, and grand dining spaces. Despite being an older acquisition, it remains one of the notable luxury homes in Delhi due to its location and ownership.
The costly properties of Delhi represent more than just a residential space, but also a symbol of power, economics, architecture, and heritage. These properties, concentrated mainly within Lutyens’ Delhi and other areas of the Elite Zone, sell at unusually high prices because of their scarce landholdings, heritage, and connections with influential business families. Together, these residences illustrate how luxury real estate in the capital mirrors India’s evolving wealth landscape, where legacy industrialists and modern entrepreneurs share the same exclusive addresses.
Image Credit: Forbes India
