Capacit'e Infraprojects Limited has received a Letter of Award (LOA) valued at approximately ₹306 Crore (Rupees Three Hundred Six Crores), excluding GST, from Puravankara Limited. The contract was awarded for the construction of a residential project at the Estrella Project located in Andheri West, Mumbai.
Project Scope
The project involves construction of:
- 3 Basements
- Ground level
- 4 Podium levels
- Amenity Level
- 25 Residential Floors
- Terrace and above Terrace levels
- Retail Area
- Club House
Related Party Disclosure
The company confirmed that neither the Promoters, the Promoter Group, nor any Group Companies hold any interest in Puravankara Limited. Accordingly, this order does not constitute a related party transaction.
Trading Window Closure
Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct, the trading window for dealing in the securities of Capacit'e Infraprojects Limited shall remain closed up to 48 hours from the dissemination of this disclosure.
Business Context
The work order was received in the normal course of business and forms part of the Company's ordinary civil contracting operations.
Management Commentary
Mr. Rahul Katyal, Managing Director of Capacit'e Infraprojects Limited, commented that this engagement marks another important milestone in the company's growth journey and reinforces the trust that leading developers place in their execution capabilities. He stated that securing repeat business from a reputed developer like Puravankara underscores Capacit'e's position as a preferred execution partner in the real estate sector, reflecting their ability to deliver projects with quality, timeliness, and operational excellence.
Expected Impact
Management believes this continued association will strengthen the company's project portfolio, enhance visibility among premium developers, and contribute meaningfully to sustainable long-term shareholder value.
Company Background
Capacit'e Infraprojects Limited is described as a reputed and quality-focused contractor in the building construction space with partnerships with almost all leading real estate developers across the country. The company offers end-to-end construction services across residential, commercial, and institutional projects including high-rise buildings, office complexes, IT parks, hospitality, healthcare facilities, and multi-level car parks.
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