Gurgaon-based Conscient acquires 6.6 acre land

04 Jul 2023 CW Team

Real estate developers, Conscient Infrastructure, has acquired 6.6 acre land for around Rs 80 crore in Gurgaon. Apart from doing projects separately, Conscient Infrastructure has partnered with Hines, the international real estate firm for a project in Gurgaon.

The land parcel has a development potential of more than one million sq ft and the company will develop a residential group housing project. The capital markets team of Cushman & Wakefield facilitated the transaction for Conscient Infrastructure, which has a portfolio spanning across residential, commercial, retail and value housing.

The land has strategic value as the area has a direct connectivity from present NH8 and upcoming connectivity from the Extension Road connection.

“Gurugram market is currently seeing a bullish run and this deal will help the developer to fully leverage it. The market has some of the biggest and premium office spaces and luxurious residential apartments and retail destinations of NCR,” said Hardeep Lamba, Managing Director, Land & Capital Markets, North & East India.

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..