Dalcore Awards Rs Two Point Two Five Billion Contract To BL Gupta In Gurugram
Real Estate

Dalcore Awards Rs Two Point Two Five Billion Contract To BL Gupta In Gurugram

Dalcore has awarded a construction contract worth Rs two point two five billion (bn) to BL Gupta Construction for its luxury residential project in Gurugram. The developer said the appointment follows a competitive bidding process and marks a key advancement for the project schedule. The contract covers main construction work and allied civil engineering activities across the development. Work will commence after customary preconstruction formalities are completed.

BL Gupta Construction will be responsible for delivering structural works, internal finishes and external landscaping under the agreed terms. The scope also includes site mobilisation, coordination of specialist subcontractors and procurement oversight to maintain timelines. Dalcore views the collaboration as strengthening its delivery capabilities in the National Capital Region. Both parties will implement safety and environmental safeguards as part of construction protocols.

The contract value converts from an earlier figure quoted in crores and has been disclosed as part of the company announcement, reflecting continued investment in premium housing in Gurugram. Market observers view such appointments as indicators of activity in the high end residential segment and of developer confidence. The project is scheduled to progress through foundation and superstructure phases over the coming months. The award reflects a broader regional trend of investment in upscale residential projects.

Dalcore will monitor construction milestones and statutory compliance while BL Gupta will manage on site operations and supply chain coordination. The developer indicated that it will update stakeholders as work advances and that quality controls will guide delivery. The appointment will involve engagement with local contractors and suppliers across the National Capital Region. Timelines for handover and phased completion will be communicated in due course.

Dalcore has awarded a construction contract worth Rs two point two five billion (bn) to BL Gupta Construction for its luxury residential project in Gurugram. The developer said the appointment follows a competitive bidding process and marks a key advancement for the project schedule. The contract covers main construction work and allied civil engineering activities across the development. Work will commence after customary preconstruction formalities are completed. BL Gupta Construction will be responsible for delivering structural works, internal finishes and external landscaping under the agreed terms. The scope also includes site mobilisation, coordination of specialist subcontractors and procurement oversight to maintain timelines. Dalcore views the collaboration as strengthening its delivery capabilities in the National Capital Region. Both parties will implement safety and environmental safeguards as part of construction protocols. The contract value converts from an earlier figure quoted in crores and has been disclosed as part of the company announcement, reflecting continued investment in premium housing in Gurugram. Market observers view such appointments as indicators of activity in the high end residential segment and of developer confidence. The project is scheduled to progress through foundation and superstructure phases over the coming months. The award reflects a broader regional trend of investment in upscale residential projects. Dalcore will monitor construction milestones and statutory compliance while BL Gupta will manage on site operations and supply chain coordination. The developer indicated that it will update stakeholders as work advances and that quality controls will guide delivery. The appointment will involve engagement with local contractors and suppliers across the National Capital Region. Timelines for handover and phased completion will be communicated in due course.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code