Who is Manav Sardana, entrepreneur who bought ₹271 crore penthouse at DLF’s The Dahlias?

The penthouse has a super area of 17,200 sq ft and a carpet area of 10,500 sq ft. The transaction works out to approximately ₹1.58 lakh per sq ft on the super area and nearly ₹2.6 lakh per sq ft on the carpet area.

Two people aware of the transaction said the purchase is the costliest single-unit residential transaction in the country.

Manav Sardana is an entrepreneur who was associated with Imperial Auto before it was acquired by global private equity firm Warburg Pincus. He is the son of S.B. Sardana, who co-founded Imperial Auto Industries with Jagjit Singh in 1969. Headquartered in Faridabad, Haryana, Imperial Auto Industries is a major manufacturer of fluid transmission products for the automotive and off-highway sectors.