Dvok Buildcon acquires 18-acre land in Gurugram for Rs 3.10 Bn
Real Estate

Dvok Buildcon acquires 18-acre land in Gurugram for Rs 3.10 Bn

Dvok Buildcon has purchased an 18-acre land parcel in Gurugram for Rs 3.10 billion, marking a significant expansion in one of India's most lucrative real estate markets. The prime location of this land offers substantial potential for future development, whether for residential or commercial projects.

This acquisition is part of Dvok Buildcon's strategic plan to enhance its presence in key markets and diversify its real estate portfolio. The company aims to leverage the growing demand for quality housing and commercial spaces in Gurugram, driven by rapid urbanisation and infrastructure development.

The newly acquired land is expected to be developed into a project that aligns with Dvok Buildcon's commitment to delivering high-quality and sustainable real estate solutions. The investment reflects the company's confidence in Gurugram's market dynamics and its potential for long-term growth.

Gurugram has emerged as a major hub for real estate investment due to its strategic location, proximity to the national capital, and robust infrastructure. Dvok Buildcon's entry into this market underscores its intention to capitalise on these factors and cater to the evolving needs of homebuyers and businesses.

With this acquisition, Dvok Buildcon is set to strengthen its position in the real estate sector, promising innovative and sustainable developments that contribute to the urban landscape of Gurugram. As the company proceeds with its plans, stakeholders can expect significant contributions to the region's growth and development.

Dvok Buildcon has purchased an 18-acre land parcel in Gurugram for Rs 3.10 billion, marking a significant expansion in one of India's most lucrative real estate markets. The prime location of this land offers substantial potential for future development, whether for residential or commercial projects. This acquisition is part of Dvok Buildcon's strategic plan to enhance its presence in key markets and diversify its real estate portfolio. The company aims to leverage the growing demand for quality housing and commercial spaces in Gurugram, driven by rapid urbanisation and infrastructure development. The newly acquired land is expected to be developed into a project that aligns with Dvok Buildcon's commitment to delivering high-quality and sustainable real estate solutions. The investment reflects the company's confidence in Gurugram's market dynamics and its potential for long-term growth. Gurugram has emerged as a major hub for real estate investment due to its strategic location, proximity to the national capital, and robust infrastructure. Dvok Buildcon's entry into this market underscores its intention to capitalise on these factors and cater to the evolving needs of homebuyers and businesses. With this acquisition, Dvok Buildcon is set to strengthen its position in the real estate sector, promising innovative and sustainable developments that contribute to the urban landscape of Gurugram. As the company proceeds with its plans, stakeholders can expect significant contributions to the region's growth and development.

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?