Ludhiana Improvement Trust floats Tender for HIG Flats Construction
Real Estate

Ludhiana Improvement Trust floats Tender for HIG Flats Construction

A tender has been announced by the Ludhiana Improvement Trust for the development of high-income group (HIG) flats in Karnail Singh Nagar, Ludhiana, Punjab.

The project entails constructing a multistorey building consisting of 336 high-income group (HIG) flats, comprising of stilt and 12 floors. The development will cover an area of 8.80 acres at Karnail Singh Nagar, also known as Atal Apartments, in Ludhiana.

The contract for this project amounts to Rs 1264.4 million, and the completion timeline is set at 24 months.

Interested parties are required to submit their bids before the bid submission deadline on August 10, 2023.

A tender has been announced by the Ludhiana Improvement Trust for the development of high-income group (HIG) flats in Karnail Singh Nagar, Ludhiana, Punjab.The project entails constructing a multistorey building consisting of 336 high-income group (HIG) flats, comprising of stilt and 12 floors. The development will cover an area of 8.80 acres at Karnail Singh Nagar, also known as Atal Apartments, in Ludhiana.The contract for this project amounts to Rs 1264.4 million, and the completion timeline is set at 24 months.Interested parties are required to submit their bids before the bid submission deadline on August 10, 2023.

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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 willing..

Next Story
Real Estate

Ludhiana Improvement Trust floats Tender for HIG Flats Construction

A tender has been announced by the Ludhiana Improvement Trust for the development of high-income group (HIG) flats in Karnail Singh Nagar, Ludhiana, Punjab.

The project entails constructing a multistorey building consisting of 336 high-income group (HIG) flats, comprising of stilt and 12 floors. The development will cover an area of 8.80 acres at Karnail Singh Nagar, also known as Atal Apartments, in Ludhiana.

The contract for this project amounts to Rs 1264.4 million, and the completion timeline is set at 24 months.

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Real Estate

Ludhiana improvement trust plans new residential scheme

The Ludhiana Improvement Trust (LIT) is preparing to introduce a brand-new public programme on the model of South City, over two decades after its inception.

Green industry will be given prominence at Lohara side under this plan. The authorities have begun to get ready. To find a consultant, tenders have been posted.

Various commercial entities, according to the government, are sprouting up along the South City. The LIT officials intend to introduce a green industry/residential programme.

LIT Chairman Tarsem Bhinder visited places like Lohara, Jaspal Banger, and s..

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DLF Launches Luxury Project in Gurugram

DLF, India's leading real estate developer, has unveiled an ambitious luxury housing project in Gurugram, valued at ?2.5 billion. Located in Sectors 76 and 77, the DLF Privana project spans over 116 acres and includes high-rise apartments offering spectacular views of the Aravalli Range.

The latest phase, DLF Privana West, features 795 luxury apartments which sold out within three days of launch, generating around ?550 million. This follows the success of DLF Privana South, which sold 1,113 units for approximately ?720 million earlier in the year. These developments highlight the stron..

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Migsun Group Plans Rs 5 Bn Investment in Greater Noida Projects

Migsun Group, a prominent real estate developer, has unveiled plans to invest Rs 500 crore in four new projects located in Greater Noida. This initiative is part of the company's strategic efforts to enhance its presence and contribute to the burgeoning real estate sector in the region.

The investment will be directed towards the development of residential and commercial properties, aimed at meeting the increasing demand for quality real estate in Greater Noida. These projects are expected to not only expand Migsun Group's portfolio but also generate employment opportunities and stimul..

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