RPS Infrastructure Appoints KBE for Rs. 4.5 bn 12th Avenue Phase 3
ECONOMY & POLICY

RPS Infrastructure Appoints KBE for Rs. 4.5 bn 12th Avenue Phase 3

Faridabad-based real estate developer RPS Infrastructure has awarded a construction contract worth more than Rs. 4.5 bn to KBE-Krishna Buildestates for Phase 3 of its flagship mixed-use development, RPS 12th Avenue.

Spread across approximately 9 acres, the phase will include the Crosswalk mall and The Wisterias South, a residential development comprising three ultra-luxury towers. Phase 3 forms part of the wider 34-acre RPS 12th Avenue ecosystem on Main Mathura Road in Sector 27C, Faridabad.

KBE will lead construction of the new phase, with the architectural blueprint already completed by global design firm Benoy. The appointment represents the first engagement of a premier construction contractor for a development of this scale and nature in Faridabad, according to RPS Infrastructure.

RPS Infrastructure Director Shashank Gupta said the company had selected KBE because quality was central to its flagship project. He added that the partnership was intended to support timely delivery, meet the developer’s quality standards and deliver the planned components of Phase 3. KBE Joint Managing Director Bharat Bahl said the contractor would focus on timely delivery and quality construction while developing an integrated destination for the city.

Conceived as an integrated mixed-use hub on the Delhi-Faridabad border, RPS 12th Avenue is planned to bring together commercial office spaces, coworking zones, retail, dining and entertainment. The project is positioned as a business and lifestyle destination for the region, and Phase 3 has now moved into active execution. KBE has experience in large-scale residential, commercial, institutional and industrial developments for developers and institutions across India.

Faridabad-based real estate developer RPS Infrastructure has awarded a construction contract worth more than Rs. 4.5 bn to KBE-Krishna Buildestates for Phase 3 of its flagship mixed-use development, RPS 12th Avenue. Spread across approximately 9 acres, the phase will include the Crosswalk mall and The Wisterias South, a residential development comprising three ultra-luxury towers. Phase 3 forms part of the wider 34-acre RPS 12th Avenue ecosystem on Main Mathura Road in Sector 27C, Faridabad. KBE will lead construction of the new phase, with the architectural blueprint already completed by global design firm Benoy. The appointment represents the first engagement of a premier construction contractor for a development of this scale and nature in Faridabad, according to RPS Infrastructure. RPS Infrastructure Director Shashank Gupta said the company had selected KBE because quality was central to its flagship project. He added that the partnership was intended to support timely delivery, meet the developer’s quality standards and deliver the planned components of Phase 3. KBE Joint Managing Director Bharat Bahl said the contractor would focus on timely delivery and quality construction while developing an integrated destination for the city. Conceived as an integrated mixed-use hub on the Delhi-Faridabad border, RPS 12th Avenue is planned to bring together commercial office spaces, coworking zones, retail, dining and entertainment. The project is positioned as a business and lifestyle destination for the region, and Phase 3 has now moved into active execution. KBE has experience in large-scale residential, commercial, institutional and industrial developments for developers and institutions across India.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Seco Marks 30 Years in India, Strengthens Pune Operations Wins Rs 8.39 Billion Vande Bharat Sleeper Orders

"Wabtec Corporation (NYSE: WAB) has secured orders worth approximately US$94 million (Rs 8.39 billion, or Rs 8,390 million) from Indian Railways for systems for the Vande Bharat Sleeper programme. The equipment is intended to increase service availability, simplify maintenance and improve passenger safety.Wabtec will supply onboard brake systems, doors and gangway solutions. Its scope also includes system delivery, integration support, testing, commissioning and long-term operational reliability support.Pascal Schweitzer, President, Wabtec Transit, said the orders reflect the company’s commi..

Next Story
Real Estate

Godrej Properties Targets Rs. 415 bn Sales Bookings by FY27

Godrej Properties is projected to achieve sales bookings of Rs. 415 bn in FY27, representing 22 per cent growth and exceeding its guidance of Rs. 390 bn. The company attributed the outlook to sustained consumer demand for residential projects across all its markets. Chairperson Pirojsha Godrej said the company remained on track to meet or exceed its annual targets for sales bookings, project launches, customer collections, project deliveries and land acquisition. Sales bookings in the first half of the financial year rose 7 per cent to Rs. 166.59 bn from Rs. 155.87 bn in the year-ago period. T..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code