"Gurugram Witnesses a 13 per cent Surge in Housing Sales in 2023

02 Jan 2024 CW Team

Gurugram's real estate market emerges as a standout performer, recording a notable 13 per cent surge in housing sales throughout the year 2023, as per findings from the latest ANAROCK report. In contrast, Noida and Greater Noida experienced a slight downturn, with both regions witnessing a 7.8 per cent decline in housing sales.

The positive momentum in Gurugram's housing market is attributed to various factors, including strategic developments, infrastructure projects, and buyer preferences. The city's real estate sector appears to have successfully navigated market dynamics, attracting homebuyers and investors amid a competitive landscape.

Conversely, the dip in housing sales in Noida and Greater Noida suggests a nuanced market scenario in these regions. Factors contributing to the decline may include evolving buyer sentiments, economic factors, and broader trends within the real estate industry.

The ANAROCK report provides valuable insights into the divergent trajectories of housing sales in these key regions, shedding light on the dynamic nature of India's real estate landscape. Gurugram's robust performance stands out as a testament to effective market strategies, while Noida and Greater Noida's experience highlights the need for a nuanced understanding of local market dynamics.

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..