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Gulati, son of late founder Mahashay Dharampal Gulati, has paid ₹2.16 crore stamp duty for the transaction, according to the documents accessed by ET. The sale deed was registered on August 23.
Rajeev Gulati, the CEO of Mahashian Di Hatti (MDH), has purchased a bungalow in Delhi s Vasant Vihar for ₹36 crore. The bungalow spans 355 square meters and the transaction included a stamp duty of ₹2.16 crore. Gulati, the son of the late founder, can be seen in MDH s latest ad campaign. The Gulati family, who already resides in the area, has been looking to expand for some time.
The life story of Mahashay Dharampal Gulati, who built MDH masale and immigrated to India from Pakistan during the partition, serves as an inspiration for young entrepreneurs.