Capacite Wins INR 1518 Cr Order for 25 Downtown Project

Capacit’e Infraprojects Limited has secured a prestigious order with a total contract value of ₹1,518 Crore (Rupees One Thousand Five Hundred and Eighteen Crore Only), excluding taxes and cess, for “25 Downtown”, by Hubtown.

This order is for the construction of an Ultra Luxury Residential Towers in Mumbai, under the Super High-Rise category.

The scope of this repeat order covers the construction of 4 Ultra-Luxury Super High-Rise residential towers at Mahalaxmi, Mumbai. The project also comprises of state-of-art lavish amenities which includes a clubhouse and penthouses, boasting an unhindered view of Willingdon Golf Course and the vast Arabian sea. 

Also Read: Ashwin Sheth Group Acquires 50% Stake in South Mumbai's Luxury Project One Marina

Commenting on the development, Mr. Rahul Katyal, Managing Director, Capacit’e Infraprojects Limited said: “We are pleased to announce that our esteemed client has once again reinforced the trust and confidence in Capacit’e’s ability to complete a project with best-in-class safety and quality standards supported by a competent engineering work-force. Capacit’e is committed to endeavour this relationship to create this iconic development along with 25 Downtown by Hubtown.

This order cements Capacit’e’s dominance as the one of the top leaders in the Super High-Rise building construction in India. Our consistent track record of delivering landmark projects of scale and complexity backed by innovative construction technology has made us as one of the preferred partners for India’s leading developers.

Also Read: Paras Buildtech eyes on Rs.1200 cr profit from luxury residential 'The Manor'

At Capacit’e, we remain focused on moving up the value by securing projects of high complexity and maintaining leadership in the High Rise and Super High Rise category in India.”