Prestige Group-L&T seals ₹1,560-cr construction deal
Prestige Group has signed a civil contract worth ₹1,560 crore with Larsen and Toubro (L&T), for construction of buildings and infrastructure development at the Prestige City, Bengaluru. The scope of work includes construction of towers and villas, 6,768 apartments in 39 towers which are average 30 levels high with four club houses and 149 villas with club house. The volume of work broadly involves building structures and finishes for 13 million sq ft of built-up area. The project is scheduled to be completed in 42 months, L&T said in a media statement. The scope of works also includes design & construction of the entire civil structure including waterproofing, masonry, plastering and electrical conduiting. As of 30 November 2021, Prestige Group has completed 250 projects with a developable area of 136 million sq ft and has 29 ongoing projects across segments, with a total developable area of 36 million sq ft. In addition, it also has 34 million sq ft in the planning stage and holds a land bank with potential developable area of over 27 million sq ft.
📅Published on:
27 December 2021
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
The Ministry of Tourism has sanctioned 117 tourism infrastructure projects worth Rs 5,756.62 crore across the country over the last two financial years, with
India's Urban Challenge Fund has approved projects worth Rs. 31,000 crore within 20-25 days of the finalisation of its operational guidelines, according to
The Centre has reiterated that the management of urban flooding, including the cleaning and desilting of drains, is primarily the responsibility of state
Prime Minister Narendra Modi laid the foundation stone and dedicated development projects worth around ₹14,700 crore in Haryana, covering railways, highways
Prime Minister Narendra Modi laid the foundation stone and dedicated multiple development projects worth over ₹4,700 crore in Chandigarh, covering healthcare
Defence Minister Rajnath Singh has said that strategic infrastructure such as roads, tunnels, airfields and ports will remain indispensable for national
The Centre has allocated Rs. 1,000 crore for the construction of 2,400 km of rural roads in West Bengal and approved the construction of one lakh houses under
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
