Ashoka Buildcon Bags Order From MIAL
Ashoka Buildcon Limited ("the Company") informs that the Company has received Letter of Award ("LoA") from Mumbai International Airport Pvt. Ltd. (MIAL) and the LoA has been accepted by the Company. The Company will be developing the land parcels located at NS-0O2 and NS-0O3 in CTS No. 145-A (Part) of Village Sahar ("GVK SKY City Project") located near existing Chhatrapati Shivaji International Airport, Mumbai for development of commercial / office space of Potential Built up area of 108,494 sq. Mtrs. (1.17 mn Sq. Ft.) for an aggregate lease period of 49 years. The Company will make payment of Refundable Security Deposit amounting to INR 3293.5 million and Annual Lease Rental of INR 152.4 million to MIAL with an escalation of 15% every 3 years.
- Issued By:MUMBAI INTERNATIONAL AIRPORT PRIVATE LIMITED
- Bagged By:
- Region:Western India
- Published On:2017-04-07