Capacite Infraprojects Wins ₹589 Cr Contract from Raymond Realty Subsidiary

Capacite Infraprojects Limited has secured a Letter of Intent (LOI) valued at approximately ₹589 Crore (excluding GST) from Ten X Realty East Limited, a subsidiary of Raymond Realty Limited. The contract is for Civil Core & Shell Works for the 'The Address by GS' project in Wadala, Mumbai. This repeat order signifies strong client trust and reinforces Capacite's position in the building construction sector. The company confirmed that the LOI is not a related party transaction and falls within its ordinary civil contracting operations. The Managing Director highlighted this as a validation of their strategy and commitment to delivering quality projects.