Deals18 Nov 2025, 08:21 pm
Atal Realtech Ltd Receives Sub-Contract Order from ABH Developers for Construction of Court Building Worth INR 49.47 Crores
AI Summary
Atal Realtech Ltd has received a Letter of Intent for Subcontracting of Work from ABH Developers Private Limited for the Construction of a Court Building. The project, awarded by the Public Works Department (PWD), Government of Maharashtra, is valued at INR 49,47,03,092. Atal Realtech Ltd will subcontract the work on a back-to-back basis, agreeing to a 4% royalty of the total contract value. The subcontract agreement will be executed in due course, and Atal Realtech Ltd has been requested to commence preliminary mobilization and planning activities.
Key Highlights
- Atal Realtech Ltd received a Letter of Intent from ABH Developers for a Sub-Contract worth INR 49.47 Crores.
- The project involves the Construction of a Court Building awarded by the PWD, Government of Maharashtra.
- Atal Realtech Ltd will subcontract the work on a back-to-back basis, agreeing to a 4% royalty of the total contract value.
- A detailed subcontract agreement is to be executed in due course.
- Atal Realtech Ltd has been requested to commence preliminary mobilization and planning activities.