Ahluwalia Bags Rs 20.9 Billion DLF Housing Contract

17 Jul 2025 CW Team

Meanwhile, DLF’s stock rose by 1.15 per cent to Rs 827.70 on the BSE.

The contract, valued at Rs 20.9 billion (excluding GST), pertains to civil, structural, and rough finishing works for a premium residential housing project—‘The Dahlias’—located in DLF5, Gurugram. The project is scheduled for completion over 44 months.

Ahluwalia Contracts confirmed that neither its promoters nor any associated group companies have any interest in DLF, the awarding entity. As a result, the transaction does not qualify as a related party deal.

Ahluwalia’s project portfolio includes residential and commercial buildings, hotels, institutional structures, hospitals, corporate offices, IT parks, and industrial complexes.

DLF, along with its subsidiaries, associates, and joint ventures, is engaged in end-to-end real estate development. This spans land acquisition, project planning, construction, marketing, leasing, power generation, maintenance services, hospitality, and recreational facilities.

Keywords:

Ahluwalia Contracts, DLF, Rs 20.9 billion order, Gurugram project, The Dahlias, housing contract, civil works, construction, real estate, BSE

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..