L&T Construction wins residential order worth Rs 2903 cr

New Delhi, March 30, 2017: (UNI) The Buildings & Factories Business of L&T Construction today said it has bagged a major design & build order worth Rs 2903 crore to re-develop Mumbai’s century-old BDD Chawls for Maharashtra Housing and Area Development Authority (MHADA). The scope of work comprises complete design and construction of twenty residential towers (3B+G+23F) for rehabilitation, four high-rise towers (3B+G+72F) for sale and one commercial development (3B+G+21F) within a plot area of 16 acres along with MEP, finishes, onsite/offsite infrastructure, landscaping, demolition of existing structures and logistics involved in the rehabilitation of the current occupants, the company said in a statement. “The BDD Chawls are one of Mumbai’s most enduring features and by winning the mandate to rehabilitate them, we have another huge opportunity to build India’s maximum city,” said S N Subrahmanyan, Deputy Managing Director & President, Larsen & Toubro. “This mandate is also a reaffirmation of our credentials as one of the foremost builders of residential infrastructure in the country and we are confident of delivering a project that meets the requirements of our client in terms of quality, safety and timely delivery,” he added. The project will be constructed using aluminium formwork systems to create a sleek and elegant structure that is both aesthetically appealing as well as structurally sound. –United News of India