+
Smartworld Developers Awards Rs 5.81 Bn Construction Contract
Real Estate

Smartworld Developers Awards Rs 5.81 Bn Construction Contract

Smartworld Developers has awarded a significant construction contract worth Rs 581 crore to Ahluwalia Contracts (India) Ltd., marking a substantial development in the real estate sector. This contract underscores Smartworld Developers' commitment to advancing its infrastructure projects amidst evolving market dynamics.

The contract entails the construction of a commercial project that aims to enhance urban infrastructure and cater to growing demands in the real estate market. Ahluwalia Contracts, known for its expertise in executing large-scale construction projects, will leverage this opportunity to contribute to Smartworld Developers' vision of creating modern and sustainable urban spaces.

The collaboration between Smartworld Developers and Ahluwalia Contracts highlights a strategic partnership aimed at delivering high-quality infrastructure solutions. The project's scope includes incorporating innovative design elements and sustainable building practices to meet environmental standards and enhance user experience.

By awarding this contract, Smartworld Developers demonstrates its confidence in Ahluwalia Contracts' capabilities to deliver projects of scale and complexity. The construction project is expected to generate employment opportunities and stimulate economic growth in the region, contributing to India's infrastructure development goals.

With a focus on quality, efficiency, and sustainability, Smartworld Developers and Ahluwalia Contracts are poised to set new benchmarks in the construction sector, reinforcing their commitment to excellence and customer satisfaction. The successful execution of this project will play a pivotal role in shaping the future landscape of urban development in India.

Smartworld Developers has awarded a significant construction contract worth Rs 581 crore to Ahluwalia Contracts (India) Ltd., marking a substantial development in the real estate sector. This contract underscores Smartworld Developers' commitment to advancing its infrastructure projects amidst evolving market dynamics. The contract entails the construction of a commercial project that aims to enhance urban infrastructure and cater to growing demands in the real estate market. Ahluwalia Contracts, known for its expertise in executing large-scale construction projects, will leverage this opportunity to contribute to Smartworld Developers' vision of creating modern and sustainable urban spaces. The collaboration between Smartworld Developers and Ahluwalia Contracts highlights a strategic partnership aimed at delivering high-quality infrastructure solutions. The project's scope includes incorporating innovative design elements and sustainable building practices to meet environmental standards and enhance user experience. By awarding this contract, Smartworld Developers demonstrates its confidence in Ahluwalia Contracts' capabilities to deliver projects of scale and complexity. The construction project is expected to generate employment opportunities and stimulate economic growth in the region, contributing to India's infrastructure development goals. With a focus on quality, efficiency, and sustainability, Smartworld Developers and Ahluwalia Contracts are poised to set new benchmarks in the construction sector, reinforcing their commitment to excellence and customer satisfaction. The successful execution of this project will play a pivotal role in shaping the future landscape of urban development in India.

Next Story
Real Estate

DLF Returns to Mumbai with Premium Andheri Residential Project

Delhi-NCR based real estate major DLF announced its return to the Mumbai market on 17 July with the launch of its premium residential project, The WestPark, in Andheri. The first phase includes 416 apartments spread across four towers, with two towers launched on the announcement day. The company plans to invest over Rs 8 billion in the project and expects a topline exceeding Rs 20 billion from Phase 1.“We have launched two towers and, given the strong response, plan to unveil the remaining two towers ahead of schedule, within the next few days,” said Aakash Ohri, Joint Managing Director o..

Next Story
Infrastructure Urban

APCRDA Advances Net Zero Goal with IGBC Training for Officials

In a significant stride towards Andhra Pradesh’s Net Zero target by 2040 and the Swarna Andhra 2047 vision, the Andhra Pradesh Capital Region Development Authority (APCRDA), in partnership with the Indian Green Building Council (IGBC), conducted a high-level capacity-building programme for senior officials in Vijayawada on Friday.Held at a city hotel, the session saw the participation of over 50 senior APCRDA officials, including the Engineer-in-Chief, Chief Engineer (H&B), Director (Planning), Director (Environment), and heads of key departments. The training centred on IGBC’s Green B..

Next Story
Infrastructure Energy

Assam Solar Project Halted as Waaree EPC Contract Is Cancelled

Following the Assam government’s withdrawal from its proposed solar project, the Engineering, Procurement, and Construction (EPC) contract awarded to Waaree Renewable has been suspended. Waaree Group’s EPC division informed the stock exchange of this development through a regulatory filing.The Assam solar project was suspended due to funding challenges, which rendered the initiative unviable for the state government. Waaree Renewable Transmission Limited (RTL) explained that the Government of Assam has withdrawn the project’s funding via the Asian Development Bank (ADB) loan. Consequentl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?