Mayfield Garden & Greenwood City will soon be taken up by Gurugram govt
Real Estate

Mayfield Garden & Greenwood City will soon be taken up by Gurugram govt

MCG has instructed its representatives to start the process of acquiring Mayfield Garden and Greenwood City. Two private colonies' want to hand them over on their own terms.

However, the Greenwood City developer has consented to a meeting with MCG representatives to go over the takeover. The developers have asked for a decrease in the money to finish the two colonies' inadequate infrastructure development.

The acquisition of nine private colonies, including Greenwood City and Mayfield Garden, had been ordered by the department of town and country planning. The civic authority assumed control of all colonies on June 15 with the exception of these two. Its takeover was suspended because their developers voiced some concerns.

Also read:
Gurugram to use vacant urban land for development
Gurugram land is purchased by Pardos Real Estate


MCG has instructed its representatives to start the process of acquiring Mayfield Garden and Greenwood City. Two private colonies' want to hand them over on their own terms. However, the Greenwood City developer has consented to a meeting with MCG representatives to go over the takeover. The developers have asked for a decrease in the money to finish the two colonies' inadequate infrastructure development. The acquisition of nine private colonies, including Greenwood City and Mayfield Garden, had been ordered by the department of town and country planning. The civic authority assumed control of all colonies on June 15 with the exception of these two. Its takeover was suspended because their developers voiced some concerns. Also read: Gurugram to use vacant urban land for developmentGurugram land is purchased by Pardos Real Estate

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement