Galaxy Group debuts a Rs 600 million commercial complex in Delhi

04 Aug 2022 CW Team

Galaxy Group has begun construction on a Rs 600 million commercial complex at Chandni Chowk, Delhi. Novelty Street (Galaxy), a new commercial development that would cover 1157 sq m, will provide a high-street retail experience in the alleyways of Chandni Chowk, one of Delhi's oldest and most significant shopping districts.

Novelty Street (Galaxy) will be created in a single phase and have high street main road facing retailers. The project will be completed in the middle of 2024 and will have classical and colonial-era architectural features. The project will be unique to Chandni Chowk.

Additional amenities will be offered, including lifts, hygienic restrooms, CCTV surveillance, and strong security measures.

It is a three-sided open plot with excellent access to Chandni Chowk's main areas, which sees daily foot traffic of 4-6 lakh people from both the local and international community. The project has state-of-the-art amenities that will serve the residents of heavily packed Chandni Chowk and the surrounding areas while also introducing a workable modern business establishment to the neighbourhood.

Also read:
Jal Board develops tech to clean sewage water
Three more airports in Jharkhand after Deoghar

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..