Garuda Construction and Engineering has won a civil work contract worth approx. Rs 143.96 crore for the redevelopment project “Shikhar-B” located in Oshiwara locality of Mumbai.
The order secured from by Orbit Ventures Developers, involves significant engineering, procurement, and construction (EPC) work with a delivery timeline of 36 months starting from the receipt of further clearances. This new order boosts the company’s total order book to around Rs 3,229.78 crore.
The contract emphasises redevelopment with a focus on timely execution, as the company continues to expand its footprint in large-scale infrastructure projects, reflecting strong industry demand and its capabilities in handling complex redevelopment assignments.