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.

Infrastructure Energy

19 Sep 2025

J&K CM Rules Out Power Privatisation, Focuses on Sector Reform

Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..

Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland

The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..

Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender

Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..