Capacit'e Infraprojects Limited (Capacit'e Infraprojects) has received a Letter of Intent from TenX Realty Limited (TenX Realty) on behalf of Raymond Limited for construction works at Thane (West). The contract relates to the construction of Towers F, G and NTA and a retail building in the Address by GS three project and the Invictus two project. The total contract value is Rs 5,370 mn excluding GST. The projects form part of residential and retail development activity in a Mumbai suburban node.

The LOI represents a repeat engagement through TenX Realty, which is described as a step-down subsidiary of Raymond Limited, and signals continuity in the client relationship. The award is presented as evidence of Capacit'e Infraprojects' project execution capabilities and its ability to secure sizable orders in a competitive market. The scope will test the company’s capacity to coordinate multi?block construction sequences and integrate retail fit outs within a mixed use campus. The contract value is expected to contribute materially to the company’s order book for the near term.

Capacit'e Infraprojects stated that it will leverage its established delivery processes and supply chain relationships to meet project timelines and quality standards. The managing director indicated that the company welcomed the repeat order as validation of its operational performance and customer focus, and that teams are mobilised to commence detailed planning and execution. The company also underlined its focus on safety, quality and scheduling discipline as key controls for timely delivery. Resource planning will prioritise skilled labour deployment and vendor coordination.

The award follows a period of steady order inflows in the region and underlines sustained demand for organised construction services in suburban Thane. The company will execute the work under prevailing contract and regulatory terms and will report material developments through its disclosure mechanisms. The value disclosed in the LOI has been converted from the original figure in crores to express the amount in millions for clarity. The company will proceed with project mobilisation while progressing statutory approvals and stakeholder coordination.