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Chavda Infra Bags Rs 720.75 Mn Project to Expand in Ahmedabad
ECONOMY & POLICY

Chavda Infra Bags Rs 720.75 Mn Project to Expand in Ahmedabad

Chavda Infra has secured a contract worth Rs 720.75 million (excluding taxes) from Nirma for the development of a commercial project named “Corporate House – Nirma” in Ahmedabad. The project will be situated in the prime commercial locality of Bodakdev and involves extensive civil work including RCC, masonry, plastering, and other structural components for the construction of a high-end commercial building. This project marks a significant addition to Chavda Infra’s growing portfolio in Gujarat, a region witnessing rapid growth in both commercial infrastructure and real estate development.

The project is scheduled for completion within 24 months and is part of the company’s financial year contracts, bringing the total order value for the fiscal year to Rs 720.75 million. In the on-going calendar year, the company has secured contracts worth Rs 2.91 billion. This recent addition contributes to Chavda Infra’s robust order book, which currently stands at Rs 13.78 billion, with Rs 7.97 billion worth of unexecuted work, indicating a strong pipeline of future projects.

The Nirma project holds particular significance for the infrastructure sector as demand increases for modern, sustainable workspaces. Gujarat, one of India’s most industrialised states, continues to attract significant commercial investments, driven by its expanding industrial base and government-backed infrastructure initiatives. Projects like Corporate House are essential for supporting economic growth, generating employment, and meeting the rising demand for contemporary office spaces.

Chavda Infra’s strategic focus on large-scale infrastructure in urban centres like Ahmedabad underlines its commitment to the state’s development. As sustainability becomes a key focus in construction, incorporating green building standards and eco-friendly practices will be crucial for the company’s long-term success in the competitive commercial construction sector.

News source: Urban Acres

Chavda Infra has secured a contract worth Rs 720.75 million (excluding taxes) from Nirma for the development of a commercial project named “Corporate House – Nirma” in Ahmedabad. The project will be situated in the prime commercial locality of Bodakdev and involves extensive civil work including RCC, masonry, plastering, and other structural components for the construction of a high-end commercial building. This project marks a significant addition to Chavda Infra’s growing portfolio in Gujarat, a region witnessing rapid growth in both commercial infrastructure and real estate development. The project is scheduled for completion within 24 months and is part of the company’s financial year contracts, bringing the total order value for the fiscal year to Rs 720.75 million. In the on-going calendar year, the company has secured contracts worth Rs 2.91 billion. This recent addition contributes to Chavda Infra’s robust order book, which currently stands at Rs 13.78 billion, with Rs 7.97 billion worth of unexecuted work, indicating a strong pipeline of future projects. The Nirma project holds particular significance for the infrastructure sector as demand increases for modern, sustainable workspaces. Gujarat, one of India’s most industrialised states, continues to attract significant commercial investments, driven by its expanding industrial base and government-backed infrastructure initiatives. Projects like Corporate House are essential for supporting economic growth, generating employment, and meeting the rising demand for contemporary office spaces. Chavda Infra’s strategic focus on large-scale infrastructure in urban centres like Ahmedabad underlines its commitment to the state’s development. As sustainability becomes a key focus in construction, incorporating green building standards and eco-friendly practices will be crucial for the company’s long-term success in the competitive commercial construction sector. News source: Urban Acres

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