Gwalior's Dhanteras Records ₹500 Crore in Sales; Markets Thrive Till 3 AM

Published: October 19, 2025 | Category: Real Estate Mumbai
Gwalior's Dhanteras Records ₹500 Crore in Sales; Markets Thrive Till 3 AM

This year, Madhya Pradesh’s Gwalior saw a massive festive business on Dhanteras, with trade crossing ₹500 crore by late Saturday night. The city's markets, particularly the Gold and Silver market, witnessed a huge enthusiastic crowd despite the surge in rates (Gold: ₹1,26,530 and Silver: ₹1,90,000). The automobile, electronics, and real estate sectors also saw heavy crowds and record sales.

However, many buyers preferred lightweight jewelry and silver items, which were more affordable. The real estate sector, in particular, saw a strong boom with continuous property registrations throughout the day. Shops remained open till 3 am, marking one of the busiest Dhanteras in recent years.

To ensure safety during the festive rush, over 1,500 police personnel and officers were deployed across major markets, including Sarafa Bazaar at Maharaj Bada, Murar Sadar Bazaar, and Kilagate. SSP Dharmveer Singh personally inspected several areas to monitor the situation. The police made extensive traffic and parking arrangements, preparing 15 temporary parking zones to avoid congestion.

For the first time, four-wheelers were seen entering the main Sarafa Bazaar area even at 8 pm due to smoother traffic management. To prevent thefts and crowd-related crimes, the administration set up CCTV cameras, watchtowers, and police posts atop high-rise buildings. Traders also installed their own cameras inside and outside shops, while police and market associations jointly monitored the main routes through 16 additional CCTV cameras.

CSP Kiran Ahirwar (Lashkar Division) said that strict security and traffic control measures were implemented across all marketplaces to ensure a safe and smooth Dhanteras celebration. The combination of robust security and enthusiastic participation from buyers and sellers made this Dhanteras a memorable one for Gwalior.

Stay Updated with GeoSquare WhatsApp Channels

Get the latest real estate news, market insights, auctions, and project updates delivered directly to your WhatsApp. No spam, only high-value alerts.

GeoSquare Real Estate News WhatsApp Channel Preview

Never Miss a Real Estate News Update — Get Daily, High-Value Alerts on WhatsApp!

Frequently Asked Questions

1. How much business did Gwalior see on Dhanteras?
Gwalior saw over ₹500 crore in sales on Dhanteras this year.
2. Which sectors saw the highest sales?
The Gold and Silver market, automobiles, electronics, and real estate sectors saw the highest sales.
3. How did the police ensure safety during the festival?
Over 1,500 police personnel were deployed, and extensive traffic and parking arrangements were made. CCTV cameras, watchtowers, and police posts were set up to prevent thefts and crowd-related crimes.
4. What time did the shops remain open?
Shops remained open till 3 AM to accommodate the festive rush.
5. How did the administration manage traffic in the main market areas?
The administration prepared 15 temporary parking zones and implemented smooth traffic management, allowing four-wheelers to enter the main Sarafa Bazaar area even at 8 PM.