The bungalow, which was once the official residence of India's first Prime Minister Pandit Jawaharlal Nehru, has been sold for ₹1,100 crore. The property, located at 17 York Road (now Motilal Nehru Marg) in Delhi's Lutyens' Bungalow Zone (LBZ), is one of the most valuable addresses in the capital. The buyer is reportedly a prominent Indian industrialist from beverage sector.