Capacit'e Infra wins ₹4,502-cr CIDCO contract

Capacit'e Infra
Capacit'e Infra has bagged an order of ₹4,502 crore from City & Industrial Development Corporation of Maharashtra (CIDCO), stated managing director Rahul Katyal. The order will entail construction of about 21,346 dwelling units, commercial development, and onsite infrastructure works in Navi Mumbai, with a time period of 42 months. The company's endeavor is to add quality orders from existing and new clients, both in public and private sectors and is confident of its project execution capabilities. In fact, with its proven track record, the company has developed a well-diversified order book. It today stands at a positive deflection point, with an increasing market share, repeat orders, and increasing investment in commercial, institutional and healthcare segments, besides opportunities in the public sector arising from government schemes such as the Pradhan Mantri Awas Yojana (PMAY).

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