Mar 29 2017 | India Opportunities
L and T Construction wins BDD redevelopment contract valued Rs 2903 Crore
The Buildings & Factories Business of L&T Construction has bagged a major design & build order from Maharashtra Housing and Area Development Authority (MHADA) worth Rs 2,903 Crores. The contract is to re-develop Mumbai’s century-old BDD Chawls. The scope of work comprises complete design and construction of twenty residential towers (3B+G+23F) for rehabilitation, four high-rise towers (3B+G+72F) for sale and one commercial development (3B+G+21F) within a plot area of 16 acre along with MEP, finishes, onsite/offsite infrastructure, landscaping, demolition of existing structures and logistics involved in the rehabilitation of the current occupants.
“The BDD Chawls are one of Mumbai’s most enduring features and by winning the mandate to rehabilitate them, we have another huge opportunity to build India’s maximum city,” said Mr. S.N. Subrahmanyan, Deputy Managing Director & President, Larsen & Toubro.