Capacite Infraprojects Limited has secured a significant contract worth ₹1,320 crore from NBCC (India) Limited, a Navratna Central Public Sector Enterprise (CPSE). The project involves the development of Leisure Valley Phase-II Residential Apartments in Greater Noida’s Tech Zone-IV. This contract, awarded on an Engineering, Procurement, and Construction (EPC) basis, also includes a comprehensive 2-year operation and maintenance period.
As of 12:47 PM, the share price of Capacite Infraprojects was down by over 13%.
The awarded contract encompasses the design, engineering, procurement, and construction of residential apartments at Plot No. GH 02 in Greater Noida. This large-scale housing project is expected to contribute to the region’s urban development, aligning with the broader infrastructural goals of NBCC, a government-backed entity responsible for executing key real estate projects across India.
Commenting on the same, Mr. Rahul Katyal, Managing Director said, we are delighted to be entrusted by our new client NBCC (India) Limited, a Navratna CPSE, for their project in Greater Noida and also thankful to them for their trust and belief in our capabilities. This signifies an important milestone in our client expansion and strengthens our position as a preferred partner for marquee projects. We remain confident of delivering the project within the stipulated timelines and to client satisfaction. At Capacit’e, it is our continuous endeavour to add quality orders from existing and new clients, in the public and private sectors and we are confident on the growing execution capabilities of the Company.
Capacite Infraprojects is a leading construction services provider, specialising in high-rise and super high-rise buildings, townships, mass housing projects, office complexes, IT parks, and institutional infrastructure such as healthcare facilities and industrial buildings. The company has carved a niche in the building construction segment, leveraging technology, a robust asset base, and the extensive experience of its promoters in the EPC space.
With a growing portfolio of projects across India, Capacit’e has established a reputation as a quality contractor working with major real estate developers. Its continuous efforts to expand its order book highlight its ambition to be a key player in India’s infrastructure development.
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Published on: Feb 14, 2025, 3:41 PM IST
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