CAPACIT’E infra projects bags new orders of Rs 925 crore for construction New high-rise buildings

Mumbai, January 23, 2016: Capacit’e Infraprojects Limited, a leading construction company which specialises in construction super-high rise buildings, today announced that the company has bagged nine new construction orders aggregating to Rs925.79crore from different developers across cities in the country. Currently, Capacit’e order book position is close to Rs. 5,000 crore for construction projects spread across major cities in India.

In a major development recently, the company has bagged an Rs 217.80 crore construction order from Rustomjee Constructions for the construction of Rustomjee Seasons in Bandra (East), Mumbai. Scope of work for the project includes construction of six high-end residential towers comprising of three basements with 24 floors. The construction work for this project has commenced and is expected to be completed in the 27 months.

It has also bagged an Rs 181.49 crore order from Twenty Five South Realty, a joint venture of Hubtown and the Wadhwa Group, for construction of residential towers in a phased manner at Hindoostan Mills Compound, Prabhadevi in Mumbai. The scope of work under this phase 1 includes construction of a residential tower comprising of 1 basement, 1 ground floor, 9 podium floors, 40 floors, 4 sky villas, 5 refuge floors, 3 service floors, 3 fire check floors and a terrace floor. The total height of the tower will be 240 m.

The company has also bagged an Rs 175.62 crore from Radius & Deserve Builders LLP for construction of six mass housing residential towers in Chembur, Mumbai. The construction work for the project has commenced and is expected to be complete in the next 26 months. For the project, this company will be using imported tunnel formwork system to cut down the slab casting cycle times. The tunnel formwork combined with weld-mesh reinforcement technology enables construction of over five floors a month, delivering positively on the mass housing objectives. As this technology is new in India, Capacit’e will be availing the services of skilled manpower from Turkey for this project.

Among other prestigious orders bagged by the company recently in Mumbai includes an Rs 60.19 crore high rise residential tower in the Beau Monte Project at Sion, Mumbai by Sahana Sheth, a joint venture of Sahana Group and Sheth Creators.

In Pune, Capacit’e has bagged an Rs 21.50 crore contract for a premium residential building project in Pune from Olympia, an ABIL group entity.

In the NCR area, the company has bagged a Rs 128.78 crore project in Sector 135, Noida by Sea view Developers, a Brookfield group entity for construction of three commercial towers comprising of one ground and 15 floors and another project of Rs 55.50 crore from Unitech Developers and Projects, also a Brookfield group entity, to construct basement and superstructure area of the multi-level car park comprising of ground floor and 7 floors.

In Bengaluru, it has bagged a Rs 21.81 crore order from Siddh Shekha Developers LLP to construct a residential apartment at Bull Temple Road, Basavanagudi, Bengaluru. Second project bagged in Bengaluru includes a Rs 63.10 crore project from Ozone Urbana Infra Developers to construct five residential towers comprising of one basement, one stilt floor and 8 floors.

Corporate Comm India(CCI Newswire)