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Lulu Group buys Sunder Nagar bungalow in Delhi for ₹89.5 crore

NEW DELHI: Fair Exports (India) Pvt Ltd, a subsidiary of Lulu Group International and exporter of meat, fruits, and vegetables, has purchased a bungalow in Delhi’s Sunder Nagar for Rs 89.5 crore, according to official documents. Najimudeen Ebrahimkutty, Chief Executive Officer (CEO) of Fair Exports, was involved in the transaction. The company also paid Rs 6.26 crore in stamp duty for this deal. “The seller, Kuldeep Singh Lamba, is currently living abroad, which delayed the documentation process. Lulu Group has been searching for residential property in Lutyens Delhi for quite some time,” shared a source familiar with the transaction. Sunder…