Paytm CEO Vijay Shekhar Sharma - after proclaiming the crowned glory in digital payments, has now reached Lutyens'. Reportedly, he is buying a $12.72 Mn (INR 82 Cr) worth 6,000 ft. residential property.\r\n\r\nLutyens' Delhi, named after the British architect Edwin Lutyen, is a very (very) expensive zone in Delhi. As per Wikipedia, the Lutyens' Bungalow Zone (LBZ)" covers an area of about 26 square kms. All the land and buildings in Lutyens' belongs to the central government, except for 254.5 acres, which is available for private use.\r\n\r\nAt present, the real estate prices are running real-time low value. Thus, Vijay Shekhar Sharma is said to have got the best price for the deal at Lutyens'. Earlier, Dabur Group's V C Burman purchased a bungalow in Lutyens' for $24.82 Mn (INR 160 Cr). Also, the\u00a0BPTP promoters sold a 575 sq. yards asset for $10.08 Mn (INR 65 Cr) in 2015 at Lutyens', according to media reports.\r\n\r\nThe property has not been registered yet. But, per se reports, a substantial amount of advance has already been paid by Vijay Shekhar after signing an MoU. Global property consultants CBRE is an adviser to the transaction deal at Lutyens'.\r\n\r\nAs Jawaharlal Nehru once said - "Life is like a game of cards. The hand you are dealt is determinism; the way you play it is free will." And Vijay Shekhar Sharma has indeed played his cards real well.\r\n\r\nAn Indian middle-class family boy, Vijay Shekhar till now has been fear free after every fall life gave him - be it the initial losses in Paytm parent company One97 Communications, or family pressures\u00a0pushing him to pick up a\u00a0job. Today, he stands on the cusp of the digital revolution with Paytm wallet at one, and Paytm\u00a0Payments Bank and Paytm ecommerce at another.\r\n\r\nPaytm is now backed by two major global investors - Alibaba and Softbank. Softbank recently infused $1.4 Bn funds in Paytm at a valuation of $7 Bn. With this Vijay Shekhar Sharma's shareholding in Paytm dropped to 16%. Besides, he holds 51% stake in Payments Bank.\r\n\r\nAs an individual Vijay Shekhar Sharma has already replaced Flipkart\u2019s Bansal duo from Forbes Billionaire List 2017, with a net worth of $1.3 Bn. He also got listed in TIME Magazine\u2019s list of \u2018100 Most Influential People\u2018 today along with Prime Minister Narendra Modi in April 2017. Prior to this, Vijay Shekhar Sharma also managed to gatecrash the Indian billionaire\u2019s club in the Hurun\u2019s list with a net worth of $1.5 Bn.\r\n\r\nJust last year, Flipkart co-founder Binny Bansal bought a $5 Mn property in Bengaluru's Koramangala.\r\n\r\nThe entry of an Internet billionaire in the Lutyens' owner\u2019s wing says a lot. \u2018Digital India\u2019 is now the\u00a0dream of many. And the success of entrepreneurs like Paytm CEO Vijay Shekhar Sharma is just like adding wings to these dreams.\r\n\r\nThe development was first reported by ET.