Mumbai headquartered construction firm, Capacit’e Infraprojects Ltd has received a maiden order from Maharashtra’s City & Industrial Development Corporation (CIDCO) valued at Rs 45.02 billion for construction of approximately 21,346 dwelling units in Navi Mumbai.
Commenting on the order, Rahul Katyal, Managing Director said, “It gives us immense pleasure to announce the receipt of a very prestigious contract from the City & Industrial Development Corporation of Maharashtra worth Rs 45.02 billion (excluding GST) to be completed within 42 months. With this we add another high-quality name in our elite clientele. We remain confident of delivering the project within the stipulated timelines and to client satisfaction.”
The contract includes development of commercial area and onsite infrastructure.