MCGM Floats Rs 4.95 Bn Tender to Redevelop Lower Parel Facilities
ECONOMY & POLICY

MCGM Floats Rs 4.95 Bn Tender to Redevelop Lower Parel Facilities

The Municipal Corporation of Greater Mumbai (MCGM) has invited tenders for the redevelopment of several civic facilities at the Asphalt Plant Compound in Lower Parel, on an EPC turnkey basis. The project is valued at Rs 4.95 Bn.

The scope includes redevelopment of the Vigilance Office, the Office of the Chief Engineer (Road & Transport), and the Material Testing Laboratory. The proposed work will take place on land bearing CS No. 1629, located at S.K. Ahire Marg in G/South Ward.

The project entails comprehensive planning, design, and construction of a modern facility featuring underground parking with a multi-level electro-mechanical robotic car parking system. It also includes MEP services, interior finishing, Integrated Building Management Systems (IBMS), advanced security installations, landscaping, and maintenance of the parking system. Provision of transit accommodations for current municipal offices is also part of the scope.

The Municipal Corporation of Greater Mumbai (MCGM) has invited tenders for the redevelopment of several civic facilities at the Asphalt Plant Compound in Lower Parel, on an EPC turnkey basis. The project is valued at Rs 4.95 Bn. The scope includes redevelopment of the Vigilance Office, the Office of the Chief Engineer (Road & Transport), and the Material Testing Laboratory. The proposed work will take place on land bearing CS No. 1629, located at S.K. Ahire Marg in G/South Ward. The project entails comprehensive planning, design, and construction of a modern facility featuring underground parking with a multi-level electro-mechanical robotic car parking system. It also includes MEP services, interior finishing, Integrated Building Management Systems (IBMS), advanced security installations, landscaping, and maintenance of the parking system. Provision of transit accommodations for current municipal offices is also part of the scope.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement