
Business Update18 Jul 2026, 07:50 pm
Monarch Surveyors Wins ₹4.66 Cr GIS Project from Ratnagiri Council
AI Summary
Monarch Surveyors and Engineering Consultants Ltd has secured a significant Letter of Acceptance for a consultancy appointment from the Ratnagiri Municipal Council. The project involves Integrated GIS-Based Urban Spatial Data Development, including base map preparation, existing land use, underground utility mapping, and development plan preparation. The total order value stands at ₹4,66,25,976. The contract is domestic and requires necessary governmental approvals. Work is expected to commence immediately with completion timelines as per contract terms. This award signifies a key business development for the company in urban planning and spatial data services.
Key Highlights
- Secured ₹4.66 Cr contract for GIS-based urban spatial data development.
- Project awarded by Ratnagiri Municipal Council.
- Involves base map, land use, and utility mapping.
- Work to commence immediately with contract-based timelines.
- Transaction is a domestic work contract, not a related party transaction.
Price Impact
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