Gwalior's Dhanteras Records ₹500 Crore in Sales; Markets Thrive Till 3 AM
Gwalior, Madhya Pradesh, witnessed a booming Dhanteras with over ₹500 crore in sales, as markets remained open till 3 AM. Despite high gold and silver prices, there was a surge in purchases, especially in lightweight jewelry and real estate. Enhanced security measures ensured a safe and smooth celebration.
DhanterasGwaliorMadhya PradeshSalesSecurityReal Estate MumbaiOct 19, 2025
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.
Frequently Asked Questions
How much business did Gwalior see on Dhanteras?
Gwalior saw over ₹500 crore in sales on Dhanteras this year.
Which sectors saw the highest sales?
The Gold and Silver market, automobiles, electronics, and real estate sectors saw the highest sales.
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.
What time did the shops remain open?
Shops remained open till 3 AM to accommodate the festive rush.
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.
Related News Articles
Large Cap Mutual Funds: Understanding Performance and Strategy
Large-cap mutual funds are considered more secure, but Mirae Asset Large Cap has underperformed due to its disciplined investment strategy, focusing on strong growth sectors like infrastructure and real estate.
Market Rally Analysis: Manish Chokhani's Insights on India's Growth Potential
Manish Chokhani, Director of Enam Securities, shares his views on the current market rally and potential red flags at the India Today Conclave 2024.
MahaRERA Orders Tata Housing to Refund Buyer After Deducting 2% of Total Cost
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed Tata Housing Development Company Ltd to refund the money paid by a homebuyer after deducting 2% of the total consideration. This decision comes after the builder failed to execute th
Understanding Property Registration and Charges in Mumbai
In Mumbai, the real estate market has seen significant growth, particularly during the festive season. The city's property registration process and associated charges, including stamp duty, play a crucial role in this trend. This guide provides a detailed
551 Candidates File Nominations for 21 Assembly Seats in Pune District
A total of 551 candidates have submitted their nominations for the 21 Assembly seats in Pune district. The highest number of candidates is from the Pimpri constituency, with 39 nominations, while the Junnar constituency has the lowest with 17 nominations.
AP CM N Chandrababu Naidu Pledges Full Support to Real Estate Sector
Andhra Pradesh Chief Minister N Chandrababu Naidu has assured full support to the real estate sector, predicting significant growth in the coming years. He emphasized the importance of proper permissions and sustainable development.