Capacit'e Bags Rs 5.89 Billion Raymond Realty Contract

Capacit'e Infraprojects has received a Letter of Intent (LoI) from Ten X Realty East, a subsidiary of Raymond Realty, for civil core and shell works at The Address by GS residential project in Wadala, Mumbai.

The contract, valued at approximately Rs 5.89 billion excluding GST, covers construction works at the project site located in the Salt Pan Division, Shastri Nagar, Wadala, Sion (East).

The award adds to the ongoing relationship between the two companies and further strengthens Capacit'e's presence in the residential construction segment.

Commenting on the development, Rahul Katyal, Managing Director, Capacit'e Infraprojects, said: "We are delighted to announce that Raymond Realty Limited, through its subsidiary Ten X Realty East Limited, has once again entrusted Capacit'e with a repeat order. This repeat mandate is a strong endorsement of our long-standing partnership and a clear reflection of the trust our clients place in our execution capabilities."

He added: "With a proven track record of timely project delivery, we remain confident in our ability to not only meet but consistently exceed client expectations. Each order strengthens our portfolio, reinforces our leadership in project execution, and highlights our commitment to delivering quality at scale."

The company said the repeat order reflects its focus on expanding its portfolio with high-quality projects while maintaining execution efficiency and long-term client relationships. The project is expected to further strengthen Capacit'e's order book and presence in Mumbai's residential real estate market.

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