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Pratibha to build towers in Mumbai
A Business Correspondent
Tuesday, July 13, 2010, 11:03 Hrs  [IST]

Pratibha Industries Ltd, Mumbai, has secured three orders for the construction of residential and commercial complexes totalling Rs 210.43 crore.

These are:
  • Piramel Suntek Realty Pvt. Ltd has placed an order for the construction of a 27- storey residential building, Signia Ocean, at Airoli, Navi Mumbai. The project is to be completed in 19 months.
  • IREO Pvt. Ltd has given an order for the construction of five residential buildings at Gurgaon, Haryana. The buildings, each 22 floors, are expected to be completed in 31 months.
  • Runwal Developers has placed an order for the construction of a commercial building, Runwal Anthurium, at Mulund, Mumbai. The project would be completed in 24 months.
Recently, Pratibha Industries received a BOT-Annuity project from NHAI for two laning with paved shoulders the Bhopal-Sanchi section of NH- 86 from km 0.000 to km 53.775 to be executed on DBFO basis under NHDP-III.

The company will execute road project in a joint venture with Abhyudaya Housing and Construction Pvt. Ltd, Lucknow. The construction period is two years. The total annuity from NHAI is nearly Rs 337 crore.
 
                 
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