Capacit'e Infraprojects Secures Letter of Intent worth ~ ₹ 589 Crore from Raymond Realty Subsidiary
Mumbai, June 3, 2026: Capacit'e Infraprojects Limited has received a Letter of Intent (LOI) from Ten X Realty East Limited, a subsidiary of Raymond Realty Limited. The contract is valued at approximately ₹ 589 Crore excluding GST and pertains to the Civil Core and Shell Works for 'The Address by GS- Wadala,' located in Salt Pan Division, Shastri Nagar, Wadala, Sion (E), Mumbai - 400022.The award marks a repeat mandate from Raymond Realty Limited, which Managing Director Mr. Rahul Katyal noted as a strong endorsement of the longstanding partnership between the two entities. He stated that this contract reinforces Capacit'e’s ability to meet and exceed client expectations through timely project delivery.
Mr. Katyal commented on the significance of the order, stating it validates the company’s strategy of expanding its portfolio with high-quality projects while showcasing growing operational discipline. "We view every repeat order as a validation," he said.
Capacit'e Infraprojects Limited is positioned as a specialized contractor in the building sector and collaborates with major real estate developers across India. The company has rapidly emerged as a well respected player, focusing sharply on the single segment of buildings.
Capacit'e provides comprehensive end-to-end construction services covering multiple market segments:
| Segment | Project Types |
|---|---|
| Residential Space | High Rise and Super High-Rise Buildings, Townships, Mass Housing |
| Commercial Space | Office Complexes, IT & ITES Parks |
| Institutional Space | Hospitality, Healthcare Facilities, Industrial Buildings, MLCPs |
The company's capabilities are supported by a robust asset base and the rich experience of its promoters in the EPC space.
CAPACITE Stock Price Movement
Capacit'e Infraprojects Limited shares are edging higher to ₹226.25 as of 12:32 PM, rallying strongly in live trading after rising 1.27%.The stock maintains momentum on a busy day, with 120,460 shares having been traded so far into the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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