Emperium seeks Rs 7.75 billion from Yamunanagar, Gurugram projects

20 Sep 2024 CW Team

Real estate firm Emperium Pvt Ltd plans to generate Rs 7.75 billion in revenue over the next three years from its upcoming projects in Yamunanagar and Gurugram. The company will develop a 40-acre township, "Emperium Resortico," in Yamunanagar and a luxury residential project, "Premio," in Gurugram.

Since its inception, Emperium has delivered 1.7 million square feet of residential space, completing 1,320 units in Panipat, with total revenues of Rs 3.41 billion. Over the next three years, the company plans to develop an additional 2.1 million square feet across 1,055 units.

Founder Director Ravi Saund highlighted that the Gurugram project will feature 216 luxury apartments, while the Yamunanagar township will offer villas, plots, floors, and shops-cum-offices (SCOs). He expressed confidence in Emperium's strategic expansion in Haryana, citing strong housing demand in Gurugram and other Tier-II cities.

According to PropEquity, residential property sales in Tier-II towns rose 11% in the last fiscal year, reflecting continued growth in housing demand beyond major cities.

(Business Standard)

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..