Ahluwalia Contracts (India) Limited, a leading name in the construction and engineering sector, has announced a major contract win from Godrej Properties Ltd. The contract pertains to core construction work at the Godrej Riverine residential project, located in Sector-44, Noida, Uttar Pradesh.
The order involves Core and Shell Works of both the substructure and superstructure for all four residential towers (T1, T2, T3, and T4).
Additionally, it includes construction-related components such as the NTA, club facilities, retail areas, boundary wall, rainwater harvesting (RWH) systems, waterproofing, and lightning protection systems (LPS). This comprehensive scope highlights Ahluwalia Contracts’ capabilities in executing complex and large-scale residential developments.
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The order is a domestic contract, reinforcing Ahluwalia Contracts’ strong presence in the Indian real estate construction space. The total contract value is pegged at ₹396.50 crore (excluding GST), making it a significant addition to the company’s project pipeline. The project is expected to be executed and completed within a period of 25 months.
On April 15, 2025, Ahluwalia Contracts share price opened at ₹927.60, up from its previous close of ₹862.55. At 9:35 AM, the share price of Ahluwalia Contracts was trading at ₹917.00, up by 6.31 % on the NSE.
This contract win marks another milestone for Ahluwalia Contracts as it continues to strengthen its portfolio in the housing and real estate construction sector. The partnership with Godrej Properties, a trusted name in real estate, also adds to the company’s credibility and visibility in high-end residential development.
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Published on: Apr 15, 2025, 9:39 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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