Gurugram Land Parcels Garner Rs.500 Crore

29 Feb 2024 CW Team

In a noteworthy development in the real estate landscape of Gurugram, four prime land parcels have successfully secured an impressive ?500 crore investment from three prominent developers. This substantial transaction marks a significant stride in the region's property market, underscoring the sustained investor confidence and robust growth potential it offers.

The land parcels, strategically located in Gurugram, have become the focal point of attention for developers keen on capitalizing on the city's burgeoning real estate opportunities. The infusion of ?500 crore reflects a shared optimism among the developers about the long-term viability and returns on investment in this dynamic market.

This substantial financial commitment is poised to fuel a wave of development, with the developers gearing up to unleash innovative and modern projects that align with the evolving demands of the discerning property buyers. The infusion of funds is not only a testament to the attractiveness of Gurugram as a real estate hub but also a strategic move by the developers to expand their footprint and contribute to the city's urban transformation.

The deal signifies a collaborative effort among the developers to leverage each other's strengths and expertise in delivering projects that stand out in terms of design, amenities, and overall quality. The synergy among these industry leaders is expected to result in developments that redefine the real estate landscape of Gurugram, offering residents and investors alike a compelling blend of luxury, functionality, and value.

As the city continues to witness rapid urbanization and infrastructural advancements, the demand for premium real estate is on the rise. The ?500 crore investment in these strategically positioned land parcels not only amplifies the city's economic prospects but also heralds a new era of architectural innovation and lifestyle offerings in Gurugram.

Infrastructure Urban

08 Sep 2025

AXISCADES Subsidiary Bags $1m Pilot Orders From Hyperscalers

AXISCADES Technologies Limited announced that its subsidiary, Mistral Solutions Private Limited, has secured pilot contracts worth around USD 1 million (Rs 83 million) from two of the world’s largest hyperscalers.Though modest in scale, the company highlighted that the deals are strategically significant, offering annuity revenue streams and the potential for exponential growth.As part of the initiative, Mistral will:Develop production line testing equipment for global contract manufacturers linked to one hyperscaler.Build development test apparatus for audio products associated with the oth..

Andhra Pradesh Fast-Tracks Rs 149.6 Billion Power Network

Andhra Pradesh Energy Minister Gottipati Ravi Kumar announced on Wednesday that the state is accelerating a Rs 149.6 billion transmission network expansion to meet rising electricity demand.At a review meeting with APTRANSCO officials, the minister stressed the need for quality execution, strict monitoring, and timely delivery of projects across the 400 kV, 220 kV, and 132 kV grids. He set a goal of completing Rs 60 billion worth of projects by 2027, with regular reviews to address implementation challenges.Priority will be given to port-linked infrastructure, industrial zones, and the capital..

PSA Mumbai Doubles Capacity to 4.8m TEUs With Phase 2

Prime Minister Narendra Modi and Singaporean Prime Minister Lawrence Wong on Thursday virtually inaugurated Phase 2 of the Bharat Mumbai Container Terminal (PSA Mumbai), developed by PSA International at the Jawaharlal Nehru Port Authority (JNPA) in Navi Mumbai.With the commissioning of Phase 2, PSA Mumbai has doubled its annual handling capacity to 4.8 million TEUs, making it India’s largest container terminal. The terminal, spanning 2,000 metres of continuous quay length, has been designed to handle multiple mega container vessels simultaneously, supporting both domestic and global trade f..