"The driver of the yellow-coloured car managed to escape without any injuries. The incident took place at around 9 a.m. in south Delhi's Badarpur area under a flyover," police said.
The Lamborghini Gallardo, a rear-engine supercar with a 5.5 litre V10 engine, belonged to a south Delhi businessman.
The fire was finally doused by a fire tender.
"The businessman had sent it for repairs at the service centre. The incident was reported in the morning when the driver (mechanic) drove it out of a service centre. Smoke started emanating from the engine suddenly while the driver was waiting for a right turn near the NTPC Chowk," a fire official told IANS.
Police have sent the car for a detailed analysis to ascertain the reason behind it bursting into flames.