DLF's premium housing project in Gurugram will cost Rs 75000 million

31 Jan 2023 CW Team

In an effort to meet the strong demand for high-end apartments, the major real estate company DLF Ltd. plans to open a luxury housing project in Gurugram next month with an estimated sales revenue of around Rs 750,00 million According to DLF Group Executive Director and Chief Business Officer Aakash Ohri, who spoke with PTI, the company intends to construct approximately 1,100 apartments in this residential project.

"We intend to launch a high-end residential project in Sector 63 Gurugram next month." "This project's estimated sales realisation is approximately Rs 750,00 million," he stated.

Ohri stated, "Demand for real estate at all price points is very strong, especially for products offered by reputable developers."

DLF, the largest real estate company in the country by market capitalization, is on track to meet its annual sales guidance of Rs 800,00 million and saw a 45 per cent increase in sales bookings to Rs 659,90 million between April and December of this fiscal year. In the previous year, DLF's sales bookings stood at Rs 454,40 million.

"In the first nine months of this fiscal year, our sales bookings increased significantly. "Demand for products of a high quality drives sales," Ohri stated.

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..