Capacit'e Infraprojects Ltd, a real estate construction company, has obtained orders worth Rs 1,500 crore from leading real estate developers such as the Oberoi, Wadhwa, Rustomjee and Kalpataru groups in Mumbai, Emaar in Gurgaon and Ozone in Bengaluru.
These orders came in after the demonetisation of old currency was notified on November 8, 2016.
Capacit'e was awarded the construction work of two super high rise buildings in the Enigma project in Mulund by Oberoi Constructions Ltd in November 2016. A repeat order has now been received from Oberoi Constructions in December 2016. The total value of these orders received from Oberoi is about Rs 300 crore.
The Wadhwa Group has awarded the design and construction of high rise buildings in Wadhwa Wise City, Panvel and Wadhwa PepsiCo, Chembur, besides awarding the construction of Wadhwa Platina, Thane, to Capacit'e in December 2016. The total value of orders received from The Wadhwa Group is over Rs 500 crore.
Another design and construction order secured by Capacit'e in December 2016 is the Colonnade commercial building project in Gurgaon valued at Rs 100 crore from the Emaar Group.
More recently in January 2017, the Kalpataru Group awarded the construction of multiple high-rise buildings in Kalpataru Immensa project in Thane to Capacit'e, which is valued at over Rs 500 crore. Thus far, this has been the single largest order booked by Capacit'e.
Among others, a repeat order from the Rustomjee Group for a residential building project in Borivali was received and a repeat order from the Ozone Group for a commercial building project in Bengaluru was received, both in November 2016.
Capacit'e Infraprojects undertakes construction of residential, commercial and institutional buildings primarily in the Mumbai metropolitan region, the National Capital Region and Bengaluru.