LIT awaits approval for cost-cutting contractor
Real Estate

LIT awaits approval for cost-cutting contractor

Ludhiana Improvement Trust (LIT) officials are in anticipation of the local bodies department's approval to finalise the contractor for the construction of Atal Apartments in Shaheed Karnail Singh Nagar. The contractor's offer is substantially lower, by at least 14.5 per cent than the fixed price, raising concerns about the project's quality. 

The Atal Apartments project, marked by frequent cancellations, is now under scrutiny as officials grapple with the challenge of ensuring its success. Approximately 40 beneficiaries have not made any payments to LIT, citing their willingness to pay once construction begins and accepting any associated penalties. The fate of the project now rests in the hands of local bodies officials.

Satbhushan Sachdeva, the Superintending Engineer of LIT, stated, "The government will make the final decision, and we are ready to issue the work order. We are optimistic that the process will conclude this month. Regarding quality work, we will ensure there are no compromises on material and safety standards."

The project's total cost stands at approximately Rs 2.24 billion, with LIT estimating a minimum of three years for the completion of the flats' construction. Tenders were floated for the construction of 336 HIG (High-Income Group) and 240 MIG (Middle-Income Group) flats, along with a community centre and tower parking on 8.8 acres of land in Shaheed Karnail Singh Nagar on Pakhowal Road. Responses were received for HIG flats construction at Rs 1.25 billion and MIG flats at Rs 700 million, with the remaining facilities still awaiting responses.

The project features 12-story residential earthquake-resistant towers, offering amenities such as a swimming pool, gymnasium, green parks, clubhouse, CCTV surveillance, 24-hour water supply, table tennis rooms, a multipurpose hall, double lifts with uninterrupted power backup, video door phones in each flat, spacious balconies, a fire hydrant system, rainwater harvesting, a small commercial centre, and a separate five-story parking facility.

Ludhiana Improvement Trust (LIT) officials are in anticipation of the local bodies department's approval to finalise the contractor for the construction of Atal Apartments in Shaheed Karnail Singh Nagar. The contractor's offer is substantially lower, by at least 14.5 per cent than the fixed price, raising concerns about the project's quality.  The Atal Apartments project, marked by frequent cancellations, is now under scrutiny as officials grapple with the challenge of ensuring its success. Approximately 40 beneficiaries have not made any payments to LIT, citing their willingness to pay once construction begins and accepting any associated penalties. The fate of the project now rests in the hands of local bodies officials. Satbhushan Sachdeva, the Superintending Engineer of LIT, stated, The government will make the final decision, and we are ready to issue the work order. We are optimistic that the process will conclude this month. Regarding quality work, we will ensure there are no compromises on material and safety standards. The project's total cost stands at approximately Rs 2.24 billion, with LIT estimating a minimum of three years for the completion of the flats' construction. Tenders were floated for the construction of 336 HIG (High-Income Group) and 240 MIG (Middle-Income Group) flats, along with a community centre and tower parking on 8.8 acres of land in Shaheed Karnail Singh Nagar on Pakhowal Road. Responses were received for HIG flats construction at Rs 1.25 billion and MIG flats at Rs 700 million, with the remaining facilities still awaiting responses. The project features 12-story residential earthquake-resistant towers, offering amenities such as a swimming pool, gymnasium, green parks, clubhouse, CCTV surveillance, 24-hour water supply, table tennis rooms, a multipurpose hall, double lifts with uninterrupted power backup, video door phones in each flat, spacious balconies, a fire hydrant system, rainwater harvesting, a small commercial centre, and a separate five-story parking facility.

Next Story
Infrastructure Urban

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Next Story
Real Estate

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Next Story
Real Estate

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement