Historic property deal: Jawaharlal Nehru’s first official residence set for record sale
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A sprawling bungalow on Motilal Nehru Marg, formerly Jawaharlal Nehru’s residence, is poised to be sold for approximately Rs 1,100 crore, potentially marking India’s most expensive residential deal. A businessman prominent in the beverage industry is reportedly acquiring the 3.7-acre property from its current owners, Raj Kumari Kackar and Bina Rani, after a year-long due diligence process.
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