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

11 Jun 2026 CW Team

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.

Real Estate

04 Jul 2026

India Office Leasing Hits 43 Million Sq Ft in H1 2026: Cushman & Wakefield

India's office market recorded its strongest first-half leasing performance on record, with gross leasing volume (GLV) reaching approximately 43 million sq ft in H1 2026, a five per cent year-on-year increase, according to Cushman & Wakefield's Q2 2026 Office Market Beat Report.Global Capability Centres (GCCs) remained the key demand driver, leasing 16.5 million sq ft, up around 38 per cent year on year, accounting for 38 per cent of total office demand. Bengaluru led GCC leasing with 5.36 million sq ft, followed by Pune, Delhi-NCR and Mumbai.Flexible workspace operators also posted their ..

Window Magic Opens Luxury Fenestration Experience Centre

Window Magic has launched Window Magic Atelier, a luxury fenestration experience centre in New Delhi, alongside WM AURA, its new ultra-luxury range of aluminium window, door and façade systems developed in collaboration with a European architectural systems specialist.The experience centre has been designed as an interactive space for architects, developers, interior designers and homeowners to explore premium aluminium and uPVC fenestration solutions through curated display zones showcasing the company's latest products and design capabilities.The newly launched WM AURA range features alumin..

Peninsula Land Launches Villa Plot Project in Alibaug

Peninsula Land has launched Peninsula Estates, Alibaug ONE, an 11-acre plotted development offering 92 villa-ready plots in Alibaug, targeting homebuyers seeking low-density living within reach of Mumbai.The project offers plots ranging from 2,454 sq ft to 5,000 sq ft and is positioned around the concept of enabling buyers to build customised bungalows in one of the Mumbai Metropolitan Region's emerging growth corridors.According to the company, infrastructure projects such as the Mumbai Trans Harbour Link (Atal Setu), the upcoming Navi Mumbai International Airport, the Virar–Alibaug Multimo..