Chavda Infra Secures ₹89.45 Crore Order for Residential Highrise Construction in Ahmedabad
Chavda Infra Limited has secured a significant contract worth ₹89.45 crores (excluding GST) from ADI Shantigram Abode LLP. The order pertains to the construction of the core and shell structure for a proposed residential highrise building located at Adani Shantigram Township in Ahmedabad.The successful acquisition of this project further reinforces Chavda Infra Limited's strong revenue visibility, boosting its unexecuted order book to approximately ₹813.90 crore as of July 14, 2026.
Project Details and Scope
The contract outlines the construction specifications for a large-scale residential highrise building. The scope includes various levels and essential infrastructure components within the project.Key details of the awarded order are summarized below:
| Parameter | Detail |
|---|---|
| Client Entity | ADI Shantigram Abode LLP |
| Project Scope | Construction of Core & Shell for Proposed Residential Highrise Building at Adani Shantigram Township |
| Contract Value | ₹ 89.45 Crores (Excluding GST) |
| Execution Timeline | Approximately 24 Months |
| Inclusions | 2 Basements, Ground Floor, Plinth, 1st to 21st Floors + Terrace Slab, O.H. tanks, Lift rooms, U.G. tanks, retaining walls, Sumps, and lift area structure. |
Management Commentary
Commenting on the development, Mahesh G. Chavda, Managing Director of Chavda Infra Limited, stated that securing this prestigious work order from ADI Shantigram Abode LLP reflects the trust clients place in the company's execution capabilities and commitment to quality. He added that the project reinforces the firm's position in the industrial construction segment and provides a platform to capitalize on opportunities across India’s manufacturing and infrastructure sectors.Company Profile
Chavda Infra Limited operates as an integrated civil construction company headquartered in Ahmedabad, Gujarat, with over three decades of experience in projects across western India. The company offers a diversified portfolio that includes general contracting, high-rise construction, real estate development, and ready-mix concrete services.Chavda Infra’s product offerings include:
- Civil Construction: Providing end-to-end contracting solutions for residential, commercial, and industrial projects.
- High-Rise & Complex Structures: Specializing in large-scale skyscraper construction, including high-rise residential and commercial towers.
- Real Estate Development: Offering ground-up project development through Chavda Developers.
- Institutional Projects: Handling educational, recreational, and public sector infrastructure projects.
- Ready-Mix Concrete: In-house production of premium ready-mix concrete (Chavda RMC).
CHAVDA Stock Price Movement
Shares of Chavda Infra Limited are edging higher to ₹107.55 as of 10:07 AM, climbing 2.97% and gaining ₹3.10 in live trading. The stock trades on a volume of 100,000 shares, maintaining strong buying interest in the market.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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