Capacit'e Infraprojects Secures Nearly ₹ 482 Crore Work Order for Super High-Rise Construction in Mumbai
Mumbai: Capacit'e Infraprojects Limited has secured a significant work order valued at approximately ₹ 482 Crore, excluding taxes and cess, from Twenty-Five Downtown Realty Limited. The contract pertains to the Civil Works and Civil Finishes of Tower T5, part of a development located in Mahalaxmi, Mumbai.The project scope for Capacit'e Infraprojects includes construction work spanning basements, podiums, clubhouse, service floors, upper floors, penthouses, and the terrace level at the Super High-Rise site.
This contract represents a repeat business opportunity for Capacit'e, which has been entrusted by Twenty-Five Downtown Realty Limited. Mr. Rahul Katyal, Managing Director of Capacit'e Infraprojects Limited, commented on the development, stating that the order is a reaffirmation of trust in the company’s ability to deliver projects with uncompromising safety and engineering excellence.
Mr. Katyal highlighted that securing repeat business from leading developers strengthens CIL's position as a preferred partner in Super High-Rise construction across India. He added that the company remains focused on increasing its value by securing high complexity projects and maintaining leadership within the High Rise and Super High Rise category domestically.
Capacit'e Infraprojects Limited is established as a reputed contractor with extensive experience in building construction, partnering with numerous real estate developers nationwide. The company offers end-to-end construction services across several diverse project segments, including:
| Segment | Project Examples |
|---|---|
| Residential | High-rise and super high-rise buildings, townships, mass housing projects |
| Commercial | Office complexes, IT and ITES parks |
| Institutional | Hospitality, healthcare facilities, industrial buildings, multi-level car parks (MLCPs) |
The strategic focus of Capacit'e on the building segment has helped the company emerge as a marquee contractor, recognized for its technological edge and robust asset base.
CAPACITE Stock Price Movement
Shares of Capacit'e Infraprojects Limited slipped by 2.17% to settle at ₹227.45 on Tuesday, shedding ₹5.05 from its previous close. The stock saw significant trading activity, with 436,304 shares changing hands as it hit a daily low of ₹226 during 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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