Tata Projects today announced a strategic partnership with an Australian headquartered company, Brookfield Multiplex. The partnership has been formed to deliver a range of commercial & retail, residential, healthcare, and tourism & leisure projects across India.
Tata Projects and Brookfield Multiplex are committed to bringing world class buildings' construction technology to the Indian market. The partnership promises world class design capability, state-of-the-art construction technology, and safe and high speed construction delivery to complete projects on or before time.
In a short span of time, the strategic partnership already has several significant projects including a healthcare project in Kolkata and five commercial office SEZ’s under a construction management arrangement in Noida, Gurgaon and Kolkata in addition to a five tower residential project in Bengaluru.
The current order book of Tata Projects is over Rs 14,000 crore and the company is a leading player in Infrastructure construction. In 2014-15, the company secured fresh orders worth about Rs 8,000 crore. Tata Projects forayed into the Urban Infrastructure market in 2014-15 and secured business valued at Rs 2,000 crore in its first year of commencement. It is driven to deliver projects ‘On Time’ using world class project management techniques and has uncompromising standards of safety and sustainability.
Tata Projects operates through its strategic business units namely, Urban Infrastructure, Industrial Infrastructure and Quality services.
Brookfield Multiplex, a subsidiary of Brookfield Asset Management, has executed over 900 projects worth $61 billion. It is responsible for changing the skyline of Sydney and has to its credit iconic buildings in the Middle East and Europe. The firm has expertise across the residential, health, tourism, commercial, education, engineering and infrastructure sectors.