Ahluwalia Contracts Bags Orders Worth ₹1307 Crore for Gurugram Projects
Mumbai-based real estate firm Ahluwalia Contracts wins orders for finishing works at towers and basements of two housing projects in Gurugram.
Real EstateConstructionDevelopmentGurugramIndiaReal Estate MumbaiSep 09, 2024
The first contract, worth ₹1144 crore, is for Project De-luxe DXP in Gurugram. Ahluwalia Contracts will be responsible for civil structure, mechanical, electrical, and plumbing works, as well as finishing works for all towers, basements, and ancillary buildings.
The second contract, worth ₹163 crore, is for Iconic Tower, also located in Gurugram. The company will undertake similar works for this project, including civil structure, mechanical, electrical, and plumbing works, as well as finishing works.
Both contracts are for a term of two years, according to an exchange filing by the company. Shares of Ahluwalia Contracts rose 0.7% to close at ₹1,197.05 per share.
Ahluwalia Contracts is a prominent real estate company based in Mumbai, with a strong presence in the Indian market. The company has a diverse portfolio of projects, including residential, commercial, and industrial developments.
Information
Ahluwalia Contracts is a leading real estate firm in India, with a rich history of delivering high-quality projects. The company has a strong reputation for its expertise in construction, development, and management of real estate projects.
Ahluwalia Contracts (India) Ltd. is a Mumbai-based real estate company that specializes in construction, development, and management of residential, commercial, and industrial projects. The company has a strong presence in the Indian market and has delivered several high-profile projects across the country.
Keywords Ahluwalia Contracts, real estate, Gurugram, construction, development, India
Frequently Asked Questions
What is the total value of the orders won by Ahluwalia Contracts?
The total value of the orders won by Ahluwalia Contracts is ₹1307 crore.
What are the two projects that Ahluwalia Contracts has won orders for?
The two projects are Project De-luxe DXP and Iconic Tower, both located in Gurugram.
What is the term of the contracts won by Ahluwalia Contracts?
The term of both contracts is two years.
What is the share price of Ahluwalia Contracts after the announcement?
The share price of Ahluwalia Contracts rose 0.7% to close at ₹1,197.05 per share.
What is the expertise of Ahluwalia Contracts?
Ahluwalia Contracts has expertise in construction, development, and management of real estate projects.
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