StockWatch
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Consulting Services
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.