November 05, 2024 19:17 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Union Minister HD Kumaraswamy booked for threatening cop probing into mining case | Supreme Court upholds validity of Uttar Pradesh Madrasa Education Act | Not all private properties are community resources that govt can take over: Supreme Court | Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region
Capacite Infraprojects bags Rs 1500 crore orders post demonetisation
Image: capacite.in

Capacite Infraprojects bags Rs 1500 crore orders post demonetisation

| | 06 Mar 2017, 08:17 pm
Mumbai, Mar 6 (IBNS): Capacit'e Infraprojects Limited, a construction company focussed on residential, commercial and institutional buildings, has recently obtained construction orders aggregating to Rs. 1,500 Crores from leading real estate developers such as the Oberoi, Wadhwa, Rustomjee and Kalpataru in Mumbai, Emaar in Gurgaon and Ozone in Bengaluru.

Significantly, all of these orders have been received after the demonetisation of old currency was notified on Nov 8, 2016.

Capacit'e was awarded the construction work of two super high rise buildings in the Enigma project in Mulund by Oberoi Constructions Limited in November 2016.

A repeat order has now been received from the Oberoi Constructions Limited in December 2016. The total value of these orders received from Oberoi Constructions Limited is approximately Rs. 300 Crores.

The Wadhwa Group awarded the design and construction of high rise buildings in Wadhwa Wise City, Panvel and Wadhwa PepsiCo, Chembur, besides awarding the construction of Wadhwa Platina, Thane to Capacit'e in December 2016.

The total value of orders received from The Wadhwa Group is over Rs. 500 Crores.

Another design and construction order secured by Capacit'e in December 2016 is the Colonnade commercial building project in Gurgaon valued at Rs. 100 Crores from the Emaar Group.

More recently in January 2017, the Kalpataru Group awarded the construction of multiple high rise buildings in Kalpataru Immensa project in Thane to Capacit'e which is valued at over Rs. 500 Crores.  This has been the single largest order booked by Capacit'e, the company said in atstaement.

Among others, a repeat order from the Rustomjee Group for a residential building project in Borivali was received and a repeat order from the Ozone Group for a commercial building project in Bengaluru was received, both in November 2016.
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.