New Launch26 Feb 2026, 10:33 am
Capacite Infraprojects Receives LOI of ~₹537 Crore from TenX Realty Limited on behalf of Raymond Limited
AI Summary
Capacite Infraprojects Limited has received a Letter of Intent (LOI) from TenX Realty Limited, acting on behalf of Raymond Limited, for a total contract value of ~₹537 Crore (excluding GST) for the construction of ‘Towers F,G, NTA’ and ‘Retail Building’ in the Address by GS-3 Project and Invictus-2 Project at Thane. This order does not fall under related party transactions and has been received in the normal course of business. Capacite Infraprojects is known for its quality construction services in the building space, working with major real estate developers in the country.
Key Highlights
- Capacite Infraprojects received LOI from TenX Realty Limited for ~₹537 Crore contract value
- The LOI is for the construction of ‘Towers F,G, NTA’ and ‘Retail Building’ in the Address by GS-3 Project and Invictus-2 Project at Thane
- The order does not fall under related party transactions
- Capacite Infraprojects is known for its quality construction services in the building space
- The company is working with major real estate developers in the country