Highway Infrastructure Limited Reports Cancellation of Affordable Housing Contract in Bhopal
Highway Infrastructure Limited has announced the cancellation of a contract related to an affordable housing project located in Bhopal, Madhya Pradesh. The agreement involved the construction of houses and development of infrastructure under the Pradhan Mantri Awas Yojana (PMAY).The company received communication from the Office of the HFA Cell at Nagar Palika Nigam, Bhopal regarding the termination of the aforementioned contract. This relates specifically to Plot Nos. 47 and 49 within the Commercial-cum-Residential Building Plan in Bhopal.
The cancelled contract was originally intended for the Construction of Houses and Development of Infrastructure for Affordable Housing under PMAY.
Details regarding the contracted project and the cancellation are provided below:
| Particulars | Details |
|---|---|
| Authority/Party | Nagar Palika Nigam, Bhopal (HFA Cell - PMAY) |
| Nature of Contract | Construction Contract for Affordable Housing Project under Pradhan Mantri Awas Yojana (PMAY). |
| Cancellation Detail | Cancellation of the contract for Construction of Houses and Development of Infrastructure for Affordable Housing in Bhopal under PMAY at Plot Nos. 47 and 49, Commercial-cum-Residential Building Plan, Bhopal, Madhya Pradesh. |
HILINFRA Stock Price Movement
Shares of Highway Infrastructure Limited are edging higher to ₹48.58 as of 11:24 AM today, rising 0.19% in live trading. The stock has seen a volume of 15,189 shares traded so far into the current 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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.