Consortium Of Capacit'e Infra, Tata Projects & CITIC Receives LOA From MHADA
The consortium of Capacit'e Infraprojects Limited (Lead Member), Tata Projects Limited and CITIC Construction Co Limited, has received Letter of Acceptance (LOA) from Mumbai Housing and Area Development Board (a MHADA Unit) for the total contract value of INR 117442.6 million.
The project will be executed through a Special purpose vehicle in which Capacit'e Infraprojects Limited will have 37.1% share worth INR 43571.2 million. The share of Tata Projects Limited in the Consortium will be 36.9% and CITIC Construction Co. Limited will have 26% share.
The project involves Technical designing (structure service + infrastructure), coordination and construction of rehabilitation/ sale/ commercial / amenities / any other structure along with construction of Habitable temporary transit camps, work of on-site, off-site infrastructure and landscaping & performing various coordination activities and obtaining all relevant permissions & approvals from all concerned authorities on lump-sum basis for Redevelopment of project of BDD Chawls on CTS No. 1539 & 1540 at Lower Parel Division at Worli, Mumbai- 400018.
- Bagged By:
- Region:Western India
- Value:INR 117442.6 Million
- Published On:2018-06-22