KLJ Plasticizers purchases Rs 111 cr bungalow in Delhi

11 Feb 2022 CW Team

KLJ Plasticizers, a Market Leader in Plasticizers & Polymer compounds, has purchased a 2,000 sq yard bungalow in Vasant Vihar worth Rs 111 crore.

Birdie and Birdie realtors sold the bungalow, and the buyer paid Rs 6.66 crore stamp duty to the state government.

Vasant Vihar and Shanti Niketan are now preferred places for high net-worth individuals (HNIs) looking for bungalows because large plots are available with fewer restrictions, compared to Lutyens' Delhi.

Recently, Anil Gupta, chairman and managing director of cable and wire maker KEI Industries, also purchased a 2,000 sq yard property in Shanti Niketan, worth Rs 140 crore.

Santhosh Kumar, Vice-Chairman, Anarock Group told the media that during the pandemic, many big transactions took place in the high-profile locations. He said that being an exclusive location, Vasant Vihar receives many demands for luxury homes.The area is home to prime industrialists and other HNIs, who have shown an increased preference for independent homes.

Established in 1967, KLJ is the biggest producer and the Market Leader in Plasticizers & Polymer compounds in South Asia.

Image Source

Also read: Chandler & Price buys Rs 93 cr Laburnum house in South Mumbai

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..