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Business Update25 Jul 2026, 01:30 pm

Monarch Surveyors Wins ₹6.4 Cr Town Planning Contract

AI Summary

Monarch Surveyors and Engineering Consultants Ltd has secured a Letter of Acceptance for preparing Town Planning Scheme(s) for Multiple Greenfield Satellite Townships in Bihar (Group-2). The total order value amounts to ₹6,39,79,600. The contract involves preparation of town planning schemes for new townships and is awarded by the Urban Development & Housing Department, Government of Bihar. The transaction is not a related party transaction. Work is expected to commence immediately with completion as per contract terms. The consideration is in cash.

Key Highlights

  • Secured ₹6.4 Cr order for town planning in Bihar.
  • Contract awarded by Urban Development & Housing Department.
  • Project involves preparation of satellite township plans.
  • Work to commence immediately with defined completion timeline.