Maruti leases 270,000 sq ft at Tag Avenue

18 Oct 2023 CW Team

Maruti Suzuki, the leading passenger car manufacturer in India, has reportedly secured a lease for 270,000 square feet of office space in Tag Avenue, a prominent commercial building located in Gurgaon. This development comes in response to a request made by Haryana Chief Minister Manohar Lal Khattar last year, urging the automotive giant to relocate its corporate office to Gurgaon. The request was accompanied by the allocation of 900 acres of land to Maruti Suzuki India Limited and Suzuki Two Wheeler India Private Limited in Haryana.

It's worth noting that Maruti Suzuki's current corporate headquarters is situated on Nelson Mandela Marg in New Delhi, and the company also maintains another office in Gurgaon's Udyog Vihar. Rahul Bharti, Executive Director, Corporate Affairs, Maruti Suzuki India Limited, clarified that there are no immediate plans to relocate the corporate office from its existing location.

The developer of Tag Avenue, based in Gurgaon, has chosen not to comment on this matter, leaving the future developments regarding Maruti Suzuki's office space lease open for speculation. This leasing decision may signal the company's intention to expand its operational footprint while maintaining a strategic presence in the region.

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..