Actor and comedian Bhuvan Bam has bought a bungalow in Greater Kailash, New Delhi for Rs 11 crore, according to documents accessed through data analytic firm CRE Matrix.
The 180 sq metre bungalow is near to the previous home of Bam family and he has paid Rs 77 lakh stamps duty for the transaction.
According to the annual Luxury Outlook Survey 2023 by India Sotheby’s International Realty (ISIR), over 75% of high-net-worth individuals (HNIs) and ultra-high-net-worth individuals (UHNIs) believe that real estate will perform well over the next two to three years.
Sixty-one percent of HNIs and UHNIs are looking to buy real estate in 2023–24, with high-rise apartments at 34%, closely followed by farmhouses and holiday homes at 30%, being among the most preferred choices for affluent investors.
