Image Source : Realty Plus Magazine
Supreme Infrastructure India Ltd secured a ₹71.31 crore contract (ex-taxes) for major excavation and shore piling at One Forest Avenue, Powai, Mumbai, from BSS and Rajeshwar Property Ventures (Sharma family & Brookfield-backed). Involves 450,000 cubic meters digging plus 300mm piling over 12 months.
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Announced today under SEBI LODR Regulation 30, the contract targets Powai's prime location for initial phase works in a larger development. Scope includes excavating weathered/hard soil-rock (450,000 cum) and 300mm diameter shore piling averaging 15m depth with rock anchoring. Completion timeline: 12 months from award.
Key Highlights
Value & Parties: ₹71.31 crore; awarded by BSS Property Ventures Pvt Ltd and Rajeshwar Property Ventures Pvt Ltd, with Brookfield Properties as key stakeholder.
Technical Scope: Deep excavation in challenging terrain plus geotechnical piling for stability in high-rise prep.
Strategic Fit: Bolsters Supreme Infra's expertise in deep-excavation and shore piling, aligning with urban infra growth in Mumbai.
Timeline & Phase: First phase of broader project; underscores firm's commitment to timely, superior execution.
This win signals recovery momentum for Supreme Infra!
Sources: Supreme Infrastructure India Ltd BSE/NSE Filing
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