In yet another big real estate deal, DataforIndia founder Akhil Wable has bought a 1,280-sq-yd plot in Vasant Vihar for a whopping ₹113 crore. The deal was executed on June 25, 2025, between Lokesh Goyal-led Eleannt Enterprises and Wable in New Delhi's high-end Vasant Vihar, according to property documents sourced by home sale platform Zapkey with Fortune India.

Seller Eleannt Enterprises had bought the property in March 2025 for a reported price of ₹95 crore, netting Goyal ₹18 crore in profit in six months, a 16% return on the investment.

Wable's company, DataforIndia, is a public platform that uses public data from the Indian government and multilateral agencies like the World Bank to produce research-backed, data-driven insights and charts on socio-economic issues. His father is Arvind Wable, who was the CEO of Draftfcb Ulka (advertising agency) until 2011.

Earlier this month, Zapkey data showed Zomato CEO Deepinder Goyal bought a luxury apartment in Gurugram’s DLF The Camellias for ₹52.3 crore. The 10,813 sq ft flat, bought in June 2022, comes with five parking spots. The deed for the property was executed in March 2025 this year, it said.

India's luxury real estate market is booming, outpacing the momentum in the mass segment. According to the latest data by real estate consultancy JLL, apartments valued at ₹1 crore and above represented around 62% of total sales during the first half of 2025, marking a significant increase from their 51% market share during the same period last year.

The rise in contribution was largely driven by a 14% growth in demand for the ₹3.0-5.0 crore housing segment during the same period, while the ₹5.0 crore and above segment registered an 8% growth in demand. Delhi-NCR led the year-on-year property price growth, with Bengaluru and Chennai recording double-digit year-on-year growth in capital value during Q2 2025.

Ashwin Chadha, CEO, India Sotheby's International Realty, says startup founders often see a trophy home as both a milestone and a smart asset, and that prime properties act as a natural hedge against inflation as they have a track record of holding or growing in value. "As of July 2024, India had 334 billionaires, 75 more than the previous year, according to Hurun India. And, significantly, over 55% of the wealth created among them stems from first-generation entrepreneurs. This increase is witnessing a fundamental shift in buyer demographics in luxury real estate. And then there’s the scarcity factor. Truly exceptional, well-located homes are limited by nature, which helps keep prices resilient," Chadha tells Fortune India.

Home prices across India's seven major cities continued to climb in Q2 2025, with yearly increases between 5% and 17%. Delhi-NCR saw the highest jump at 17%, while Bengaluru followed at 14%. This widespread price growth across all major markets stems from higher building costs and consistent buyer demand, which has encouraged developers to launch more premium housing options.