Renuka Talwar: The Woman Behind Delhi’s Most Expensive Home and the Legacy of DLF

Delhi is home to some of the richest people in India, with many owning luxurious properties in the city. But do you know who owns the most expensive home in Delhi? It’s not Mukesh Ambani or Gautam Adani. Instead, it belongs to Renuka Talwar, the daughter of real estate tycoon KP Singh, who is the chairman emeritus of DLF.

In 2016, Renuka Talwar, daughter of real estate magnate Kushal Pal Singh, made headlines by purchasing a sprawling bungalow on Prithviraj Road in Lutyens' Delhi for approximately Rs 450 crore. This acquisition not only underscored the prominence of the Singh family in India's real estate sector but also highlighted the exclusivity and allure of properties in one of Delhi's most coveted neighborhoods.

The Property Details

The bungalow is situated on a sprawling 4,925 square meter plot, with a built-up area of approximately 1,189 square meters. The transaction valued the property at ₹8.8 lakh per square meter, surpassing the then-current circle rate valuation of around ₹383 crore. The seller was Kamal Taneja, Managing Director of real estate developer TDI Infracorp.

About Renuka Talwar

Renuka Talwar is married to G.S. Talwar, a non-executive director at DLF. While she maintains a relatively private profile, her involvement in this high-value transaction underscores the family's prominence in India's real estate sector.

Kushal Pal Singh and DLF

Kushal Pal Singh, born on August 15, 1931, in Bulandshahr, Uttar Pradesh, is a towering figure in Indian real estate. He transformed DLF into one of India's largest real estate companies, playing a pivotal role in the development of Gurgaon (now Gurugram) into a major commercial hub. As of February 2025, Singh's net worth is estimated at $14.6 billion, ranking him among the wealthiest individuals globally.

Lutyens' Bungalow Zone: A Coveted Address

The LBZ, named after British architect Sir Edwin Lutyens, is renowned for its expansive green spaces and grand colonial-era bungalows. Spanning approximately 26 square kilometers, the area houses about 1,000 bungalows, with less than ten percent privately owned. Property transactions in this enclave are rare and often involve significant sums, reflecting its status as one of India's most exclusive residential zones.

DLF's Legacy and Philanthropy

Founded by Chaudhary Raghvendra Singh, DLF has been instrumental in shaping Delhi's urban landscape since the 1950s. Under Kushal Pal Singh's leadership, the company expanded its footprint, notably developing several upscale residential colonies in the capital. In 2023, Singh sold DLF shares worth $88 million, allocating a portion of the proceeds to establish a charitable foundation, reflecting his commitment to philanthropy.

Renuka Talwar's acquisition of the Prithviraj Road bungalow not only highlights the family's substantial influence in India's real estate sector but also underscores the exclusivity and high value associated with properties in Delhi's Lutyens' Bungalow Zone. This transaction exemplifies the premium placed on luxury residences in one of the nation's most coveted neighborhoods.