Worldwide Realty to Invest Rs 3.2 Bn in 22-Acre Housing Project in Manesar

20 Dec 2024 CW Team

Worldwide Realty, a prominent real estate firm based in Gurugram, will invest approximately Rs 3.2 billion to develop a 22-acre housing project in Manesar, Haryana, under the Deen Dayal Upadhyay Jan Awas Yojna (DDJAY) scheme. The company is developing the Golden Residences project, where it has already sold some housing plots. It will soon launch 400 independent floors for sale, with plans to launch more units in subsequent phases.

Vikas Aggarwal, Chief Operating Officer of Worldwide Realty, shared that the total investment for the entire 22-acre project would be around Rs 320 crore, with independent floors starting at a price of Rs 1.7 crore each. The company has already developed the infrastructure for the project, which is part of the larger 180-acre integrated township, The Golden City.

Within this township, 118 acres have been developed into an industrial park, while the remaining 40 acres are reserved for future development. Aggarwal highlighted the growing demand for both residential and industrial space in Manesar, a key destination for both homebuyers and investors.

Real Estate

03 Apr 2026

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..