Arjun Sharma of Select Group buys Rs 125 crore bungalow in South Delhi’s Westend

Hospitality firm Select Group buys Rs 125 crore bungalow in South Delhi’s Westend

• Select Group bought a Westend Colony property in South Delhi for Rs 125 crore
• 800 sq yard property in premium area near embassies and diplomatic enclave
• High-value property sales persist on APJ Abdul Kalam Road and Golf Links in Delhi.

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Select Group, a Delhi-based hospitality and retail firm, which is owned by entrepreneur Arjun Sharma, has purchased a high value residential property in posh Westend colony in South Delhi for Rs 125 crore, according to property registration document accessed by Zapkey, a real estate data analytics firm.

The Select Group was formed in 2002 and is currently led by Arjun Sharma, who is the chairman of Select Group. Arjun Sharma is also one of the founders of Delhi’s Select City Walk mall, which was the country's first shopping centre REIT developed in partnership with Blackstone. Sharma is also non-executive non-independent nominee director at Nexus Select Trust.

Documents showed that the transaction was registered on October 14, 2025, in the name of Select World Tours India Private Limited. The property measuring 668.90 square metre (800 square yard) is located in South Delhi’s Westend Colony, which is one of the capital’s most sought-after low-density residential pockets.

The company paid a stamp duty of Rs 8.75 crore for the transaction, Zapkey data showed.

Westend colony, situated close to the Diplomatic Enclave and Chanakyapuri, is known for its large plot sizes, proximity to embassies and premium security infrastructure, making it a preferred address for high-net-worth individuals and corporate executives. Land and bungalow transactions in the area are typically infrequent and command some of the highest prices in Delhi’s residential market, market observers said.

Select Group is known for its presence in luxury hospitality and retail assets in Delhi-NCR and is a partner in the Select CityWalk Mall in Saket, one of the capital’s largest and popular shopping destinations.

There was no immediate response from the Select Group towards queries sent by Moneycontrol. The copy will be updated after receiving a response.

The latest acquisition underscores continued interest by large real estate groups and their associate entities in premium residential assets in central and south Delhi, even as most new supply remains concentrated in peripheral micro-markets.

Market observers say such marquee transactions highlight the enduring value of well-located land parcels in Lutyens’ Delhi and its surrounding elite residential zones, where limited supply continues to support pricing despite broader market cycles.

Other Big-Ticket Deals in Delhi

Earlier in June 2025, Mumbai-based Gentex Merchants Pvt Ltd, a company linked with steel baron Lakshmi Mittal, had bought a 3,540-square yard bungalow on APJ Abdul Kalam Road (formerly Aurangzeb Road) in Lutyens’ Delhi for Rs 310 crore. It was the costliest property transaction in Delhi in 2025.

Earlier this year, ChrysCapital partner Sanjay Kukreja and his wife Shaveta Sharma, who is the Central Square Foundation CEO, bought a property in the tony Golf Links area for Rs 155 crore.

Similarly, Ansal Group’s promoter Sushil Ansal's wife Kusum Ansal sold her bungalow at Feroze Shah Road for Rs 241 crore. The property was purchased by a Gujarat-based firm, Yatah Enterprise.