StockWatch
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Civil Construction
Deals27 Aug 2026, 11:18 am

Capacit'e Infraprojects Secures ₹741 Cr LOI from Mahindra Lifespace

AI Summary

Capacit'e Infraprojects Limited has received a Letter of Intent (LOI) valued at approximately ₹741 Crore (excluding GST) from Mahindra Lifespace Developers Limited. The LOI is for the construction of Core and Shell work for two projects: Mahindra Rainforest at Kanjurmarg and Mahindra Beacon Hill at Mahalaxmi. The company confirmed that the contract is not a related party transaction. This significant order is expected to reinforce Capacit'e's position as a preferred execution partner for top-tier developers and contribute to long-term shareholder value.

Key Highlights

  • Received LOI worth ~₹741 Crore from Mahindra Lifespace Developers.
  • Contract is for Core and Shell construction of two projects.
  • Order is in the normal course of business, not a related party transaction.
  • Reinforces Capacit'e's position with premium clients.
  • Expected to enhance shareholder value.