Deals24 Apr 2025, 04:57 pm
Vascon Engineers Receives Letter of Intent from Yucca Promoters LLP for Rs. 85.43 Crores Construction Project
AI Summary
Vascon Engineers Limited has received a Letter of Intent from Yucca Promoters LLP for a construction project in Pune amounting to Rs. 85.43 Crores. The project involves the construction of a commercial building, including excavation and backfilling. The work has been awarded on a lumpsum basis and is to be completed within 3 years from the acceptance of the Letter of Intent.
Key Highlights
- Vascon Engineers Limited has received a Letter of Intent from Yucca Promoters LLP for a construction project in Pune.
- The project involves the construction of a commercial building, including excavation and backfilling.
- The work has been awarded on a lumpsum basis and is to be completed within 3 years.
- The project is worth Rs. 85.43 Crores, including GST.
- Yucca Promoters LLP has a 50% profit-sharing interest in the project.