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

21 May 2024 CW Team

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.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..