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Capacite Infraprojects has secured an order worth ₹1,518 crore for the construction of ultra-luxury residential towers in Mumbai under the Super High-Rise category.
What’s happening: the order is for the 25 Downtown project by Hubtown and involves constructing ultra-luxury residential towers in Mumbai under the Super High-rise category.
The scope includes the construction of four ultra-luxury super high-rise residential towers at Mahalaxmi, Mumbai, along with amenities, including a clubhouse and penthouses offering views of the Willingdon Golf Course and the Arabian Sea.
Why it matters: the new contract underlines Capacite Infraprojects’ solid footing in the building construction space. Over the years, the company has forged strong partnerships with leading real estate developers nationwide, cementing its reputation as a trusted industry player. With a sharp focus on the buildings segment, Capacite is fast emerging as a marquee contractor, backed by cutting-edge technology, a strong asset base, and deep EPC expertise.
Worth noting: the order win is worth more than half of its market cap which stood at ₹2,717 crore.
