CALCULATE YOUR SIP RETURNS

Ahluwalia Contracts Bags ₹396.5 Crore Project from Godrej Properties

Written by: Nikitha DeviUpdated on: Apr 15, 2025, 1:15 PM IST
Ahluwalia Contracts secures a ₹396.5 crore contract from Godrej Properties for the Godrej Riverine project in Noida, to be completed in 25 months.
Ahluwalia Contracts Bags ₹396.5 Crore Project from Godrej Properties
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

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. 

Scope of Work and Project Details 

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. 

Also Read: EMI Planning: What Should Be Your EMI If You Earn ₹50,000 Per Month?

Domestic Housing Project to be Completed in 25 Months 

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. 

Ahluwalia Contracts (India) Share Price 

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. 

Conclusion 

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. 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

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.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers