Mumbai, Nov. 9 -- Capacit'e Infraprojects has received a Letter of Award valued at Rs. 3.06 bn, excluding GST, from Puravankara for the construction of a residential project in Mumbai. The company disclosed the award on November 4, 2026, through filings with the BSE and National Stock Exchange.

The project, known as Estrella, is located in Andheri West. Its planned structure comprises three basements, a ground level, four podium levels, an amenity level, 25 residential floors, a terrace and an area above the terrace. The development will also include retail space and a clubhouse.

Capacit'e Infraprojects said the work order was received in the normal course of business and forms part of its ordinary civil contracting operations. It added that its promoters, promoter group and group companies do not hold any interest in the entities awarding the contract, meaning the order does not constitute a related-party transaction.

The company said Managing Director Rahul Katyal described the award as an important addition to its growth and client relationship plans. He linked the repeat business from Puravankara to the contractor's execution capabilities and said the engagement would strengthen its project portfolio, visibility among premium developers and prospects for recurring business.

As part of its insider-trading compliance process, the trading window for dealing in the company's securities will remain closed until 48 hours after dissemination of the disclosure. Capacit'e Infraprojects operates as a building construction contractor serving residential, commercial and institutional projects. Its services cover high-rise and super-high-rise buildings, townships, mass housing projects, office complexes, information technology parks, hospitality and healthcare facilities, industrial buildings and multi-level car parks. The company said it focuses on technology, asset strength and engineering, procurement and construction experience to support its operations across India's urban development market.

Published by HT Digital Content Services with permission from Construction World.