SIS Group buys plots in Sundar Nagar for Rs 130 crore

SIS Group, a market leader in security and facility management, has bought a pair of plots in Delhi’s posh locality Sundar Nagar, said a published report.

The Group has bought the sprawling 1,734 square yard plots for around Rs 130 crore in one of the biggest residential transactions since the lockdown, a source close to the deal revealed.

The deal is one of the costliest in Delhi and speaks about the demand for luxury properties in the post-pandemic scenario. The deal was registered in the name of Pallavi Sinha, and Rita Kishore Sinha, Directors of the company.

The transaction advisor for this sale was Buniyad Group, a leading real estate services provider. The plots belonged to  Dr. Ina Bhan and a renowned artist Nilima Sheikh.

“A transaction of this nature reiterates the high desirability quotient of locales in Central Delhi. Our client’s privacy is our priority, so we will not reveal the pricing. Even though this was one of the highest prices ever paid for plots in New Delhi in 2021,” said Ansh Batra, Director of Buniyad Group.