Deals5 Nov 2025, 07:31 pm
Garuda Construction Secures Rs. 1,416 Crores Work Order for High-End Residential Complex
AI Summary
Garuda Construction and Engineering Ltd. has received a work order worth approximately Rs. 1,416 Crores (inclusive of GST and all other applicable taxes) for the civil work of Development and Construction of a high-end residential towers complex named ‘Powai Heights’ at Chandivali, Taluka Ghatkopar, Mumbai. This order increases the company's total order book to Rs. 4,876.78 Crores (approx.) as on date.
Key Highlights
- Garuda Construction has secured a work order worth Rs. 1,416 Crores for the civil work of a high-end residential complex.
- The project, named ‘Powai Heights’, is located at Chandivali, Taluka Ghatkopar, Mumbai.
- This order increases the company's total order book to Rs. 4,876.78 Crores (approx.) as on date.
- The contract value, delivery location, and start date are specified in the EPC agreement.
- The project is expected to be completed in 60 months as per the terms of the agreement.