Select Group, a hospitality and retail company based in Delhi, owned by entrepreneur Arjun Sharma, has purchased a high-end residential bungalow in South Delhi’s Westend Colony for a whopping Rs. 125 crores, evident of the constant demand for high-end properties in the most elite areas of Delhi.
As revealed by documents related to property registrations accessed via real estate data analysis firm Zapkey, it is known that the transaction was recorded on October 14, 2025, on behalf of Select World Tours India Private Limited, which is a group company of Select Group. There was also a stamp duty charge of ₹8.75 crore paid by the company.
The holding area measures 668.90 square meters, or about 800 square yards, and is positioned in Westend Colony, recognized as a area of lower density residential use in South Delhi, and one of the topmost premium locations in this metropolitan area. This area of South Delhi is famous for its larger plots, controlled development norms, and its connectivity with its diplomatic & administrative areas.
Select Group was founded in 2002, and it has Arjun Sharma as the current chairman of the company. Select Group has managed to create a substantial presence in hospitality, retail, and mixed-used developments, mainly within the NCR region of Delhi. Sharma also joined the management of Select CityWalk at Saket, which just so happens to be one of the prime locations for shopping in Delhi. It was formed through a collaboration between Blackstone. Select CityWalk proved to be a milestone within a retail REIT platform in the nation.
The USP of Westend Colony is its location in close proximity to Chanakyapuri and the Diplomatic Enclave, which houses a host of embassies and diplomatic residences. The area offers better security provisions in terms of wide roads lined up with trees and a dense zoning regulation regime. Such features have endeared this place to the diplomatic and corporate communities and HNIs.
It has been observed that in Westend Colony, the purchase and sale of residences are relatively few owing to the fact that land is scarce in this region, and people holding properties in this region are long-term. Thus, the prices in this region are amongst the highest in Delhi’s residential market.
This latest acquisition by Select Group reinforces the trend that major business groups and their promotional arms continue to have interest in the prime residential sector in central and South Delhi even when the new supply is largely being delivered in the micro-markets such as Gurugram, Noida, and Dwarka Expressway. It is observed that land pockets with strategic locations in established residential areas continue to attract investments because of the scarcity value and potential for appreciation.
It also contributes to the list of high-end property deals registered in Delhi during 2025. Mumbai’s Gentex Merchants Pvt Ltd, an affiliate of Lakshmi Mittal, the Indian steel tycoon, acquired a 3,540-yard bungalow at APJ Abdul Kalam Road, in Lutyens’ Delhi, for ₹310 crore in June. It is the costliest property sale in Delhi in 2025.
Previously, a property in the Golf Links area was bought by ChrysCapital partner Sanjay Kukreja and his wife Shaveta Sharma for ₹155 crores. Another major deal include the sale of a bungalow on Feroze Shah Road by Kusum Ansal, wife of Sushil Ansal of the Ansal Group, to a Gujarat-based company for ₹241 crores. Experts refer to such landmark transactions as a way to ensure the significance of the Lutyens’ Delhi region, where the supply factor affects the demand-related downward pressure on the price due to the elite residences available in the surrounding area.
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