Who Are Raj Kumari Kackar And Bina Rani, The Owners Of Jawaharlal Nehru’s 24,000 sqft First Official Residence On Motilal Nehru Marg In Delhi, Set to Sell For Rs 1,100 Crore? | People

Who Are the Sellers and Buyers Involved in the ₹1,100 Crore Sale of Jawaharlal Nehru’s Historic Lutyens’ Zone Residence?

In Delhi, where every street corner hums with stories of independence, politics, and power, one property is about to command more attention than a ministerial reshuffle. Jawaharlal Nehru’s first official residence in the city’s prestigious Lutyens’ Bungalow Zone (LBZ) is reportedly on the verge of being sold for a staggering Rs 1,100 crore. To put that in perspective, the sum could buy a fleet of private jets, a yacht or two, and still leave a hefty stash untouched. But this isn’t just about numbers. Buying this bungalow means owning a piece of India’s history—a place where the nation’s first Prime Minister once walked, hosted important meetings, and debated the country’s future. It’s more than real estate; it has a pulse.

Jawaharlal Nehru’s 3.7-Acre LBZ Home, Once the First Official Residence of India’s PM, May Become India’s Costliest Property

Who Was Jawaharlal Nehru?

Before the figures make your head spin, it’s worth remembering the man behind the walls. Jawaharlal Nehru wasn’t just India’s first Prime Minister; he was a visionary who steered the country from colonial rule to modern nationhood. Born in Allahabad to a well-to-do Kashmiri family, Nehru studied at Harrow School and Trinity College, Cambridge, and trained as a lawyer in London. Returning to India in 1912, he soon gravitated from law to politics, joining the Indian National Congress and working closely with Mahatma Gandhi.

During his 16-year tenure as Prime Minister, Nehru championed democracy, secularism, industrialisation, and scientific progress. Decisions affecting Kashmir, the space programme, and the very structure of modern India were made within the walls of this very bungalow.

The Bungalow: From Nehru to a Billionaire Buyer

Fast forward to 2025. Nehru’s Motilal Nehru Marg bungalow—once 17 York Road—is now Delhi’s hottest property. Spanning nearly 3.7 acres, with 24,000 square feet of built-up area, this isn’t merely a home; it is a mansion steeped in history.

Who are Raj Kumari Kackar and Bina Rani?

The current owners, Raj Kumari Kackar and Bina Rani, reportedly hail from a former Rajasthani royal family. Initially listed for Rs 1,400 crore, the price has been negotiated down to roughly Rs 1,100 crore. The prospective buyer is said to be a leading figure in India’s beverage industry. A law firm representing the purchaser has confirmed that due diligence is nearly complete, and a public notice inviting claims has been issued—a formal step reflecting the legal and heritage complexities of such a sale.

From Motilal Nehru Marg to Billionaire Buyer: Raj Kumari Kackar and Bina Rani’s Nehru Bungalow Set for Landmark Sale

Why Lutyens’ Bungalows Are Delhi’s Crown Jewels

This bungalow lies in LBZ, a 28-square-kilometre enclave designed by British architect Edwin Lutyens between 1912 and 1930. Home to politicians, judges, and industrialists, the area is one of India’s most exclusive and secure. Of roughly 3,000 bungalows, only 600 are privately owned. Strict redevelopment rules and limited supply make LBZ homes rare. Add in a historical connection to Nehru, and you have a property that is both prestigious and priceless.

A Landmark Sale

If the deal goes through, it could become India’s most expensive residential property sale. Even compared with Mumbai’s high-profile deals—such as Leena Gandhi Tewari’s Rs 639-crore duplexes in Worli or the Rs 500-crore Cuffe Parade bungalow—this one stands apart, largely because of its historical significance.

Owning Nehru’s first official residence isn’t merely about luxury. It is about legacy, prestige, and bragging rights. For the buyer, it is a chance to inhabit a home where history was made, wrapped in gardens, grand ceilings, and stately corridors. For Delhi, it is a reminder that past and present often collide in extravagant ways.

Fun Fact

After leaving this bungalow, Nehru moved to Teen Murti Bhavan, now a museum dedicated to him. Visitors can explore rooms where he lived, studied, and entertained dignitaries—a direct connection to history. The next occupant of this bungalow will live in a home that predates one of Delhi’s most iconic museums.

Jawaharlal Nehru’s Iconic First PM Residence in Delhi, a 24,000 sq ft Bungalow on Motilal Nehru Marg, to Enter Luxury Market

Scarcity Drives Desire

Today’s buyers in India are not just chasing space—they seek stories, heritage, and legacy. Heritage enclaves like LBZ or Mumbai’s Nepean Sea Road are limited, making them coveted status symbols. Earlier this year, Mumbai’s Laxmi Nivas, linked to the Quit India movement, sold for Rs 276 crore. Celebrity homes in these zones command premium prices: Ranbir Kapoor and Alia Bhatt’s restored “Krishna Raj” bungalow went for Rs 250 crore, while Shah Rukh Khan’s “Mannat” fetched Rs 200 crore. Fame and history can outweigh luxury in setting the price.

Owning Nehru’s first official residence is not just a property acquisition—it is a claim on history, prestige, and a chapter of India’s story. And in Delhi, such stories are truly priceless.

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