Real Estate

DataforIndia Co-Founder Buys ₹113 Crore Property in South Delhi’s Vasant Vihar

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Akhil Wable, co-founder of the data analytics firm DataforIndia, has purchased a premium residential property in South Delhi’s Vasant Vihar for ₹113 crore. The 1,280-square-yard land parcel was registered on June 25 and is considered one of the largest residential real estate transactions in Delhi this year.

The property was acquired from Eleannt Enterprises, which had bought it for ₹95 crore just a month earlier. The deal, recorded at approximately ₹9 lakh per square yard, highlights the continuing demand for high-value plots in prime locations of Delhi. Vasant Vihar, known for its upscale residences and proximity to diplomatic enclaves, remains a preferred choice among wealthy individuals and business leaders.

Located near Vasant Lok market and Vasant Vihar Metro Station, the property lies in one of the most sought-after blocks in the neighbourhood. Its strategic location adds significant value, making it ideal for redevelopment into a luxury home or exclusive residential units.

The transaction reflects a growing trend of entrepreneurs and startup founders investing in luxury real estate. Wable’s purchase indicates the financial strength of India’s emerging tech ecosystem, where founders are diversifying assets and entering premium real estate markets traditionally dominated by industrialists, politicians, and diplomats.

Real estate experts note that this deal showcases the limited availability of large plots in central and south Delhi, contributing to skyrocketing prices. Over the past two years, Vasant Vihar has seen a series of high-value transactions, many involving redevelopments of older bungalows into multi-unit homes or ultra-luxury villas.

DataforIndia is known for simplifying access to government datasets and enabling data-driven decision-making for researchers and businesses. With his company’s growing influence in the tech sector, Wable’s high-profile property investment adds him to the list of new-age entrepreneurs making bold real estate moves in the capital.

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