For a total of Rs 79 crore, Zomato CEO Deepinder Goyal bought two plots of land of about 5 acres each in the Mehrauli Tehsil of New Delhi. According to the property registration paperwork that CRE Matrix could get, Goyal paid stamp duty totaling Rs 5.24 crore for the two land lots he purchased from separate sets of owners.
In the first property transaction, which was recorded on March 28, 2023, Goyal paid Rs 1.74 crore in stamp duty and Rs 29 crore for 2.5 acres of land from Luxalon Building Pvt Ltd.
In the second transaction, recorded on September 1, 2023, Goyal paid Rs 3.50 crore in stamp duty and bought 2.53 acres of land from a person named Ravi Kapur for Rs 50 crore.
The two plots are situated in the Chhatarpur area’s village of Dera Mandi, and Hauz Khas served as the registration location for both transactions, per the records.
The CEO of MakeMyTrip Group, Rajesh Magow, recently made headlines in the Delhi-NCR real estate market when he paid Rs 33 crore for a 6,428-square-foot apartment in Gurugram’s DLF Magnolias. In a different transaction, Genpact’s Chief Human Resources Officer, Piyush Mehta, paid Rs 32.60 crore for a 6,462-square-foot apartment in the same building.
October 2023 saw the execution of both selling deeds. Stamp duty was paid by Magow for Rs 1.98 crore and by Mehta for Rs 1.95 crore.
A 5.24-acre land in Gurugram close to the Dwarka Expressway was purchased by Countrywide Promoters, a subsidiary of developer BPTP Group, for Rs 87.27 crore in a different transaction.
On November 16, 2023, the sale document was signed, and the corporation had to pay Rs 6.11 crore in stamp duty.
On the other hand, Goyal of Zomato recently said that Indians gave their delivery associates tips totaling over Rs 97 lakh on New Year’s Eve. On December 31, the site also saw a massive spike in orders, nearly matching the number of orders placed in the previous six years.
Goyal had added, “Love you, India! “tweeting the order numbers throughout the day. To date, you have given the delivery partners servicing you tonight more than Rs 97 lakh in tips.” He stated that Zomato and Blinkit had more than 3 lakh delivery partners at work on Sunday. The CEO of Zomato commented on X, “Thank you for helping the nation celebrate.“
Under the moniker “Zomato Gold,” Zomato redesigned its loyalty program to increase the frequency of ordering and loyalty. Members greatly increase Zomato’s earnings by getting priority access, on-time promises, and other benefits. At the moment, Zomato Gold subscribers are responsible for 30% of GOV’s meal delivery business.
Strong branding and advertising. Zomato has made significant financial investments in branding and advertising, which has raised the company’s profile and level of awareness. As a cornerstone of its corporate identity, taglines like “Discover the greatest restaurants, cafes, in your city” have grown to be instantly identifiable.
