Ahluwalia Contracts (India) bags new construction projects worth Rs 6.61 billion
Real Estate

Ahluwalia Contracts (India) bags new construction projects worth Rs 6.61 billion

Ahluwalia Contracts (India) has bagged orders worth Rs 6.61 billion for construction and electrical works in New Delhi and Haryana.

The firm has secured new orders aggregating to Rs 1.29 billion (approximately) for electrical works of Medical College at Village Koriyawas District Mohinder Garh, Haryana, which has been awarded from Haryana PWD, B&R.

Another work order of Rs 5.32 billion has been bagged by the firm, awarded by CPWD, New Delhi, for construction of steel and structure non-resident building using pre-engineered construction technology. The work also includes development of area and all services on an EPC basis at KG Marg (Near Asia House) and Africa Avenue, Near Sarojini Nagar Depot, New Delhi.

The total order inflow of Ahluwalia Contracts (India) during the FY2019-20 stands at Rs 39 billion.

Ahluwalia Contracts (India) has bagged orders worth Rs 6.61 billion for construction and electrical works in New Delhi and Haryana. The firm has secured new orders aggregating to Rs 1.29 billion (approximately) for electrical works of Medical College at Village Koriyawas District Mohinder Garh, Haryana, which has been awarded from Haryana PWD, B&R. Another work order of Rs 5.32 billion has been bagged by the firm, awarded by CPWD, New Delhi, for construction of steel and structure non-resident building using pre-engineered construction technology. The work also includes development of area and all services on an EPC basis at KG Marg (Near Asia House) and Africa Avenue, Near Sarojini Nagar Depot, New Delhi. The total order inflow of Ahluwalia Contracts (India) during the FY2019-20 stands at Rs 39 billion.

Next Story
Infrastructure Urban

India’s Rs 370 Bn Petrochemical Expansion to Shift Asian Supply

India’s planned investments worth over USD 37 billion (around Rs 3 lakh crore) in the petrochemical sector are poised to reshape Asia’s supply landscape, according to a new report by S&P Global Ratings.The report noted that India’s drive toward petrochemical self-sufficiency mirrors China’s earlier expansion and could intensify competition in the region. “India’s capacity additions will significantly alter trade flows and increase competition among Asian producers,” said Ker Liang Chan, credit analyst at S&P Global Ratings.S&P estimated that public sector enterprises ..

Next Story
Real Estate

Maharashtra Sets Up Authority to Boost Self-Redevelopment

The Maharashtra government has established a Self-Redevelopment Authority to support citizens in independently redeveloping old buildings, marking a major policy step for Mumbai and the surrounding metropolitan region.BJP legislator and Mumbai District Central Cooperative Bank president Pravin Darekar will head the new Authority, which will offer end-to-end guidance on project planning, funding, developer selection, and execution. The initiative follows the approval of the state’s New Housing Policy earlier this year, which allocated Rs 2,000 crore to promote self-redevelopment.Officials sai..

Next Story
Real Estate

MHADA Revises Premium and Payment Rules for Redevelopment

The Maharashtra Housing and Area Development Authority (MHADA) has revised its 2007 redevelopment policy to make the redevelopment of ageing housing societies in Mumbai financially sustainable.The key change involves recalibrating premium charges for commercial floor space in projects under Regulation 33(5) of DCPR 2034. The new formula links premium rates to land value, market rate, and proposed usage, replacing the earlier rule that charged 1.5 times the residential rate for commercial areas.Developers’ body CREDAI-MCHI had sought parity between residential and commercial rates to encourag..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?