Zomato’s Deepinder Goyal buys land in Delhi’s Mehrauli for ₹50 crore

Goyal has paid a stamp duty of ₹3.50 crore on the deal, the documents accessed by CRE Matrix showed.

Published on: Feb 2, 2024, 17:04:22 IST

By Vandana Ramnani

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Deepinder Goyal, co-founder and CEO of the online food delivery firm, Zomato has bought a plot in Delhi’s Mehrauli area for ₹50 crore, documents shared by CRE Matrix showed.

The buyer has paid a stamp duty of ₹3.50 crore on the deal, the documents showed.

The freehold land (property which is "free from hold" of any entity besides the owner) spread across 2.53 acres is located in village Dera Mandi in tehsil Mehrauli.

Also Read: MakeMyTrip founder Deep Kalra sells apartment in Gurgaon to group CEO for ₹33 crore

The deal was registered on September 1, 2023.

Goyal did not respond to a query sent by HT Digital.

In March 2023, Goyal had bought a 2.5 acre land parcel in Mehrauli from Luxalon Building Pvt Ltd for ₹29 crore, documents accessed by CRE Matrix had showed.

Goyal is an IIT Delhi alumnus. He started his career with Bain & Company. He started Foodiebay in 2008 in collaboration with Pankaj Chaddah and founded Zomato a year later.

As many as 71% rich Indians want to invest in property in the next two years and capital appreciation is the primary driver for real estate investment. Capital appreciation has overtaken lifestyle upgrade as the primary motivation for real estate investment, signaling the return of investors to the market, said the annual Luxury Outlook Survey 2024 conducted by India Sotheby’s International Realty (ISIR).

Lenskart’s Peyush Bansal had purchased a house in Delhi’s upmarket Neeti Bagh locality, for ₹18 crore, documents accessed by CRE Matrix had showed. The sale deed was executed in his name on May 19, 2023.

ABOUT THE AUTHOR
Vandana Ramnani
Vandana Ramnani leads the real estate vertical at Hindustan Times Digital, bringing over two decades of journalism experience across real estate, education, human resources, and foreign affairs. She specialises in India’s real estate sector, covering residential and commercial markets in Delhi-NCR, Mumbai, and Bengaluru, with in-depth reporting on regulatory developments, urban policy, housing trends, and interviews with industry leaders. Her work has also appeared in the Hindustan Times newspaper and HT Estates. Earlier, Vandana played a key role in establishing the real estate vertical at Moneycontrol (NW18 Group), shaping its editorial direction and market coverage. She has also written extensively on international education for HT Education, tracking global study destinations, policy changes, and student mobility trends, earning the Singapore Education Award 2009 for Best Media Coverage (Print). Her reporting portfolio includes human resources and employment trends for HT ShineJobs and PowerJobs, as well as lifestyle and interior design features for HT Premium Homes. Vandana began her career with the Press Trust of India, gaining strong editorial and reporting expertise. She was also selected for a prestigious fellowship at Fondation Journalistes en Europe in Paris, where she wrote for EuroMag. One of her notable reporting assignments included covering Germany’s capital relocation from Bonn to Berlin. Outside of journalism, Vandana is a passionate traveller, constantly seeking out charming hideaways across India and the lesser-known, offbeat corners of Southeast Asia.Read More

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