Ahluwalia Bags Rs 20.9 Billion DLF Housing Contract

Meanwhile, DLF’s stock rose by 1.15 per cent to Rs 827.70 on the BSE.
The contract, valued at Rs 20.9 billion (excluding GST), pertains to civil, structural, and rough finishing works for a premium residential housing project—‘The Dahlias’—located in DLF5, Gurugram. The project is scheduled for completion over 44 months.
Ahluwalia Contracts confirmed that neither its promoters nor any associated group companies have any interest in DLF, the awarding entity. As a result, the transaction does not qualify as a related party deal.
Ahluwalia’s project portfolio includes residential and commercial buildings, hotels, institutional structures, hospitals, corporate offices, IT parks, and industrial complexes.
DLF, along with its subsidiaries, associates, and joint ventures, is engaged in end-to-end real estate development. This spans land acquisition, project planning, construction, marketing, leasing, power generation, maintenance services, hospitality, and recreational facilities.
Keywords:
Ahluwalia Contracts, DLF, Rs 20.9 billion order, Gurugram project, The Dahlias, housing contract, civil works, construction, real estate, BSE 

Related Stories

KSH Infra to Invest Rs 5.5 Billion in Tamil Nadu Park

KSH INFRA, a leading Indian developer of sustainable Grade A industrial and logistics infrastructure, has announced plans to invest Rs 5.5 billio...

Read More

FIL Industries to Raise Rs 2 Billion for Ropeway Expansion

FIL Industries is set to expand its ropeway infrastructure business and aims to raise Rs 2 billion through equity funding to support this growth,...

Read More

Visakhapatnam Port Gets Rs 2.76 Billion Upgrade Boost

Visakhapatnam Port is set to undergo a significant infrastructure overhaul with the Union Ministry of Ports, Shipping & Waterways launching a...

Read More

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back