Rikant Pittie, Co-founder of EaseMyTrip, Makes a High-Value Commercial Property Purchase

Easemytrip founder

Gurugram News

Rikant Pittie, one of the co-founders of EaseMyTrip, recently made headlines with the acquisition of a significant commercial property in Gurugram. The deal, valued at Rs 99.34 crore, involves a multi-storey building spanning over 1 lakh sq ft on a plot measuring almost 43,600 sq ft.

Property Details

  • Location: The property is situated in Gurugram’s Sector 32, near Rajiv Chowk, in the Delhi satellite city.
  • Size: The built-up area of the property is 1,00,429 sq ft, with the plot measuring 4,050 square metres or 43,594 square feet.
  • Layout: The building is a commercial establishment with a ground-plus-two-floor layout.

Transaction Details

  • Date of Sale: The sale deed was executed in Pittie’s name on November 24, 2023.
  • Stamp Duty: Pittie paid a stamp duty of Rs 6.95 crore for the transaction.

Background of Rikant Pittie

Rikant Pittie, along with his brothers, founded a travel company at the young age of 16, which later evolved into EaseMyTrip.com, an online travel start-up platform known for its user-centric approach.

In September 2023, Pittie gained attention for being the first owner of the Lamborghini Urus Perfomante in India, which he proudly showcased on his LinkedIn profile.

Recent High-Value Property Transactions in Delhi-NCR

The acquisition of this commercial property by Rikant Pittie adds to a series of significant real estate transactions in the Delhi-NCR region:

  • In October 2023, an 11,000 sq ft apartment at The Camellias by DLF in Gurugram’s Golf Course Road was sold for over Rs 100 crore in a resale.
  • MakeMyTrip group CEO Rajesh Magow purchased a 6,428 sq ft apartment in DLF Magnolias, Gurugram, for Rs 33 crore, while Genpact chief human resources officer Piyush Mehta bought a 6,462 sq ft flat in the same complex for Rs 32.60 crore in a separate deal during the same month.
  • Comedian and actor Bhuvan Bam acquired a bungalow in Greater Kailash-III in South Delhi for Rs 11 crore in August 2023.
  • Vasudha Rohatgi, wife of former attorney general of India Mukul Rohatgi, purchased a 2,100 square yard or 18,900 sq ft bungalow in Delhi’s upscale Golf Links for Rs 160 crore in February 2023.

The real estate market in the Delhi-NCR region has witnessed several high-value transactions, reflecting the continued interest of individuals in premium properties.

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