Ajit Jain: Warren Buffett’s trusted executive Ajit Jain buys apartment in Gurugram for Rs 85 crore – The Times of India

A 7,400 sq ft apartment at DLF The Camellias in Gurugram has been bought by Berkshire Hathaway’s Ajit Jain. The vice-chairman overseeing insurance coverage operations at Berkshire Hathaway, Ajit Jain, is thought to be one of Warren Buffett’s most trusted associates. The apartment has been purchased for round Rs 85 crore, in response to sources quoted in an ET report.Jain, who has spent most of his time residing overseas, not too long ago visited Delhi to finish the deal, the sources mentioned. One individual conscious of the event mentioned non-resident Indians account for greater than 25% of DLF’s extremely-luxurious housing portfolio, and Jain is among the many most distinguished consumers in this phase. The particular person added that premium facilities provided at such developments are a significant attraction for those that plan to spend solely half of the yr in India. Jain is extensively thought of one of essentially the most influential Indian-origin enterprise leaders in the US.Property consultants famous that for the reason that Covid interval, extremely-excessive-web-price people have more and more favoured safe, gated condominium initiatives over unbiased bungalows, as such residences present entry to a variety of on-website services.ET not too long ago reported that an industrialist bought 4 residences at DLF’s new extremely-luxurious challenge, The Dahlias, for near Rs 380 crore, making it one of the nation’s costliest apartment transactions.In 2025, Gurugram noticed the most costly property deal in the Nationwide Capital Area, overtaking Lutyens’ Delhi for the primary time. Costs per sq. foot in town have surpassed these in Mumbai and reached ranges comparable with London and Dubai. Earlier, British entrepreneur Sukhpal Singh Ahluwalia had acquired an 11,416 sq ft apartment in the identical challenge for Rs 100 crore.Data-x Software program Expertise, by way of its director Rishi Parti, had additionally bought a 16,000 sq ft penthouse for Rs 190 crore.In October 2023, ET reported the primary Rs 100-crore transaction on the similar residential complicated on Gurugram’s Golf Course Street.