State Bank of India (SBI) has invited bids for a construction contract at SBI Enclave, Lingampally Post, in Hyderabad, Telangana.
The work covers construction of 134 residential flats in two towers, a DMD bungalow, an office building, and a clubhouse, to be executed under the engineering, procurement, and construction (EPC) mode with a total estimated value of Rs 363 crore.
The planned completion period is 36 months, including six months for planning, design, and obtaining statutory approvals from local bodies followed by 30 months for execution and completion. The defect liability period will extend for 24 months after actual project completion. This development aims to provide high-quality residential and recreational infrastructure for SBI personnel while ensuring compliance with modern building and safety standards.
The tender closing date is 11 September, 2025.