wakefield says at rs 156 crore the property is grossly undervalued its market value would be over rs 200 crore today a lawyer involved in a number of transactions in lutyens delhi says litigation is a major cause for under valuation of properties and in some cases buyers find ways to enter the property by purchasing the share of one or two family members who are litigating against the others eventually he might be able to force the others to sell to him as well at a lower price says the lawyer properties purchased by shravan gupta of emaar mgf and airtels sunil mittal on amrita shergill marg in the early 2000s had pending disputes but it could not be independently verified whether they were bought at a discount from market rates prevalent at the time