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By EquityPandit

BUSINESS

Ahluwalia Contracts Secures Rs 396 Crore Project from Godrej Properties

This contract covers the core and shell construction of all towers (T1 through T4) at Godrej Riverine.

Ahluwalia Contracts Ltd. is set to attract attention on 15 April following its announcement of a major contract win from Mumbai-based real estate developer Godrej Properties Ltd.

In a regulatory filing, the company confirmed it had been awarded the core and shell construction work for all four towers, including T1, T2, T3, and T4, at the Godrej Riverine project in Sector-44, Noida. 

The scope also includes related infrastructure such as the NTA, club and retail spaces, boundary walls, rainwater harvesting (RWH) systems, waterproofing, and lightning protection systems (LPS).

The total value of the contract stands at Rs 396.5 crore (excluding GST), and the project is expected to be completed within 25 months. The company clarified that neither its promoters nor any group entities are involved in the contract.

Ahluwalia Contracts’ diverse portfolio includes work across residential and commercial spaces, hotels, institutional campuses, hospitals, IT parks, and industrial complexes. As a prominent player in India’s engineering and construction sector, the company is recognized for its execution of large-scale infrastructure projects across the country.

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