ճԹ

Great Place to Work certified
BUY PROPERTIES
Great Place to work certified
BUY PROPERTIES

PRESS RELEASE

  • ճԹ
  • Media
  • Press Release
11 AUG 2026

ճԹ ACHIEVES STRONG FINANCIAL GROWTH IN Q1 FY 2026-27

  • • Records remarkable growth in EBITDA, PAT and PBT
 
ճԹ’s EBITDA Margin reaches to 8.77% with a rise of 62.05%, PBT rises by 32.09% and PAT by 32.06% on Standalone basis whereas on Consolidated basis EBITDA Margin reaches to 6.86% up by 39.02%, PBT rises by 17.27% and PAT by 17.02%.
The Board of Directors in the meeting held on Tuesday i.e. August 11, 2026, approved the financial results of the company for the quarter ended on 30.06.2026. Company reported standalone Revenue from operations of Rs. 1823.04 Cr. for Q1 FY 2026-27 compared to Rs. 1656.77 Cr. for Q1 FY 2025-26. Consolidated Revenue from operations for Q1 FY 2026-27 stood at Rs. 2259.53 Cr. compared to Rs. 2392.49 Cr. for Q1 FY 2025-26.
EBITDA jumps to Rs. 159.89 Cr. from Rs. 98.67 Cr. on standalone basis & to Rs. 154.95 Cr. from Rs. 111.46 Cr. on consolidated basis, on YoY basis for Q1 FY 2026-27.
Profit Before Tax (PBT) on standalone basis increased from Rs. 153.13 Cr. to Rs. 202.27 Cr. and on consolidated basis increased from Rs.181.45 Cr to Rs. 212.79 Cr. on YoY basis for quarter ended 30.06.2026.
Profit After Tax (PAT) on standalone basis has shown growth from Rs. 114.08 Cr. to Rs. 150.65 Cr. and on consolidated basis from Rs.135.03 Cr. to Rs. 158.01 Cr on YoY basis for the Q1 FY 2026-27.
With a robust order book and a diversified growth strategy spanning Redevelopment & PMC Works, PSU Land Monetisation, Real Estate Development and Overseas Expansion, ճԹ is well positioned to strengthen its growth trajectory and create sustained value for its stakeholders.
nextgem
03 AUG 2026

ճԹ Signs Landmark Agreement with Government of the Republic of Seychelles for Construction of 1008 Housing Units

ճԹ (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, Government of India, has signed a landmark agreement with the Government of the Republic of Seychelles for the construction of the Île Aurore Housing Project, comprising 1008 affordable housing units along with associated infrastructure in Seychelles.
The agreement was signed on July 29 in the august presence of H.E. Sebastien Pillay, Vice President of the Republic of Seychelles, and Dr. K. P. Mahadevaswamy, Chairman & Managing Director, ճԹ (India) Limited.
The agreement was formally signed by Mr. Joseph Francois, Secretary of State, Lands, Housing and Infrastructure, Government of the Republic of Seychelles, and Mr. Pradeep Sharma, Executive Director (Engineering), ճԹ (India) Limited.
The project envisages the development of 1008 affordable housing units along with associated infrastructure, aimed at enhancing urban living standards and supporting sustainable development in Seychelles. The project will be funded through a Line of Credit (LoC) of USD 75 Million extended by the Export-Import Bank of India (EXIM Bank).
The project scope also includes the execution of essential associated infrastructure works, such as a dedicated Sewage Treatment Plant (STP), ensuring sustainable and modern community living standards on Île Aurore. The project is expected to contribute significantly to improving housing availability while promoting sustainable urban development in Seychelles..
This strategic collaboration marks another significant milestone in ճԹ's expanding international portfolio and underscores the company's expertise in executing large-scale housing and infrastructure projects. It also reinforces ճԹ's commitment to contributing to India's development partnerships through the delivery of quality infrastructure solutions abroad.
nextgem
01 July 2026

ճԹ SIGNS MOU WITH GOVERNMENT OF ANDHRA PRADESH FOR CONSTRUCTION OF NEW ANDHRA PRADESH BHAVAN IN NEW DELHI

ճԹ (India) Limited, a Navratna Central Public Sector Enterprise, has officially signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh for the planning, design, and construction of the new Andhra Pradesh Bhavan in New Delhi at an estimated project cost of Rs 105.5 Crore (excluding GST and PMC charges). The mega project will be executed on a turnkey deposit work basis.
The MoU was signed by Sh. Pravin Kumar, IAS, Resident Commissioner, Andhra Pradesh Bhavan, Govt. of Andhra Pradesh, and Sh. Anil Kumar, CGM (Engg.), ճԹ (India) Ltd. The strategic pact was finalized in the august presence of Dr. K.P. Mahadevaswamy, Chairman & Managing Director of ճԹ (India) Ltd., alongside Sh. Arja Srikanth, Special Commissioner, AP Bhavan, and Dr. Suman Kumar, Director (Commercial), ճԹ (India) Ltd.
The new AP Bhavan will feature a total proposed built-up area of approximately 2,49,000 Sq.ft. As the designated executing agency, ճԹ will spearhead the entire lifecycle of the project through a structured, sequential framework. This spans from the initial preparation of architectural concept plans and detailed structural drawings to contract management, open tendering, and final construction.
Additionally, both entities have agreed that a separate MoU will be executed in the future to hand over comprehensive annual maintenance to ճԹ or its subsidiary for a minimum period of 5 years.
The new landmark structure will stand as a symbol of modern governance and state-of-the-art architecture in New Delhi. ճԹ is fully committed to leveraging its core expertise in project management and infrastructure development to deliver a world-class facility to support the Government of Andhra Pradesh's operations and presence in the national capital.
nextgem
09 June 2026

HON’BLE GOVERNOR OF ODISHA INAUGURATES ROOFTOP SOLAR POWER PROJECT AT LOK BHAVAN, BHUBANESWAR EXECUTED BY ճԹ

In a significant step towards promoting renewable energy and sustainable development, the Hon’ble Governor of Odisha, Shri Hari Babu Kambhampati, inaugurated a 485 kWp Rooftop Solar Photovoltaic (PV) Power Plant at Lok Bhavan, Bhubaneswar, developed and executed by ճԹ (India) Limited. The inauguration was held in the presence of Dr. K. P. Mahadevaswamy, CMD, ճԹ and Shri J.P. Guru, SBG, Odisha, ճԹ
The solar project, spread across approximately 39,000 sq. ft. within the Lok Bhavan campus, has been installed across eight locations including the Governor House Building, Administrative Building, Abhishek Banquet Hall, Energy Park and etc.. Equipped with advanced solar technology, the installation is expected to generate nearly 60,000 units of clean electricity every month, significantly reducing conventional energy consumption and carbon emissions. Keeping in mind the current energy shortage owing west Asia conflict, the need to promote renewable energy usage is of great significance. EV vehicles can also be charged owing to the installation of the solar plant. ճԹ stands committed to working in promoting usage of renewable energy and shall also be working on wind energy generation as a part of its endeavour to boost India’s energy security.
The project reflects ճԹ’s commitment to supporting India’s clean energy transition and creating environmentally sustainable public infrastructure. The initiative is expected to contribute substantially towards reducing the carbon footprint of the Lok Bhavan complex while serving as a model for renewable energy adoption in government establishments.
As a leading public sector construction and project management company, ճԹ has consistently incorporated sustainable features such as solar energy systems, rainwater harvesting, wastewater recycling and energy-efficient technologies in its major projects which are GRIHA or IGBC certified.
Odisha remains one of ճԹ’s key focus states. Over the years, the company has executed/executing several prestigious projects in the state, including IIT Bhubaneswar, IIM Sambalpur, National Law University Cuttack, Ravenshaw University, Central University of Odisha, Ispat Post Graduate Institute & Super Specialty Hospital, Rourkela, Pabitra Mohan Pradhan Medical College & Hospital, Talcher, Skill Development Institute Khordha, and numerous healthcare, tourism and urban infrastructure projects.
These projects have strengthened educational, healthcare and civic infrastructure across the state while generating employment opportunities and contributing to economic growth.
27 May 2026

ճԹ’S TOTAL INCOME CROSSES Rs.10,000 CR. ON STANDALONE BASIS FOR FY 2025-26 FOR THE FIRST TIME

HIGHEST EVER FINANCIAL PERFORMANCE
TOTAL INCOME
STANDALONE
Rs. 10,055.45 CR.
▲ UP BY 12.43%
CONSOLIDATED
Rs. 13,195.89 CR.
▲ UP BY 7.52%
PROFIT (STANDALONE)
Rs. 703.29 CR.
PAT / PBT RISE BY 47.72% / 45.00% ON YOY BASIS RESPECTIVELY
DIVIDEND
Rs. 270 CR.
FOR FY 2025-26
Financial Performance in Q4FY26

Standalone
ճԹ total income stood at Rs. 3965.05 Cr. increased by 21.61% as compared to Rs. 3260.54 Cr. in Q4FY25. PBT stood at Rs. 293.34 Cr. recording a rise by 57.51% as compared to Rs. 186.23 Cr. PAT stood at Rs. 220.06 Cr. representing a rise of 60.41% as compared to Rs. 137.19 Cr.

Consolidated
ճԹ total income stood at Rs. 4618.60 Cr. in comparison to Rs. 4700.86 Cr. of Q4FY25. PBT stood at Rs. 342.29 Cr. rising by 37.44% as compared to Rs. 249.05 Cr. PAT stood at Rs. 253.51 Cr. increasing by 38.78% as compared to Rs. 182.67 Cr.
Financial Performance in FY26

Standalone
ճԹ total income stood at Rs. 10055.45 Cr. rising by 12.43% as compared to Rs. 8943.71 Cr. in FY25. PBT stood at Rs. 913.13 Cr. recording a rise by 45.00% as compared to Rs. 629.76 Cr. PAT stood at Rs. 703.29 Cr. witnessing a rise by 47.72% as compared to Rs. 476.11 Cr. Consolidated
ճԹ total income stood at Rs. 13195.89 Cr. increased by 7.52% as compared to Rs. 12273 Cr. in FY25. PBT stood at Rs. 991.32 Cr. rising by 31.30% as compared to Rs. 755.02 Cr. PAT stood at Rs. 742.45 Cr. showing a rise of 33.19% as compared to Rs. 557.42 Cr.
KEY ACHIEVEMENTS FY 25-26

Business Secured:
Rs.18,780 Cr. (consolidated) and Rs. 15,390 Cr. (standalone) in FY 25-26.

Order Book:
Standalone level - Rs. 1,13,004 Cr. and Consolidated level - Rs. 1,27,820 Cr.
Work Awarded:
During the financial year 2025-2026, Company has awarded work of Rs. 9768 Cr. & Rs. 11546 Cr. on Standalone & consolidated basis respectively.
FUTURE OUTLOOK
ճԹ has entered FY 2026–27 with strong business momentum backed by several landmark developments achieved during the year. The company successfully crossed multiple long-pending strategic and legal milestones, including the Supreme Court-backed Supertech project resolution, which is expected to significantly contribute to future order inflows and the execution pipeline in the coming quarters.
Progress in key real estate assets such as the 37-D Green View Project in Gurugram and the resolution of the long-pending Ghitorni land dispute in Delhi will further strengthen ճԹ’s real estate potential.
ճԹ’s other major redevelopment projects are also progressing on a fast-track basis, including the 7 GPRA Redevelopment Projects (with most packages already awarded), Phase-II Amrapali Projects (all project awarded), Rajasthan Mandapam Project (major tenders floated), first phase of Satellite City, Jammu & Kashmir (approval received), and Goa Redevelopment Projects (major tenders floated).
The company also achieved record-breaking sales, marketing, and commercial monetisation in redevelopment projects, including Bharat Business Park with sales of around ₹6,125 crore and Phase-II FAR Amrapali Projects worth approximately ₹9,398 crore, reflecting strong market confidence in ճԹ’s redevelopment and stressed asset monetisation model. Viksit Bharat @ 2047 through transformative infrastructure and redevelopment initiatives.
Simultaneously, ճԹ expanded its global footprint through strategic overseas MoUs and partnerships in Dubai, UAE, Seychelles, and other international markets. These developments are expected to open new avenues for project management consultancy and international business growth.
ճԹ remains committed to contributing towards the vision of Viksit Bharat @ 2047 through transformative infrastructure and redevelopment initiatives. This commitment was reflected in the inauguration and foundation laying of major housing and office infrastructure projects under the redevelopment of 7 GPRA Colonies in Delhi by Hon’ble Prime Minister, along with the inauguration of the redeveloped WHO-SEARO Headquarters at New Delhi.
ճԹ is also promoting sustainable construction practices through its projects meeting GRIHA/IGBC standards and by using advanced technology in it’s construction activities. ճԹ is also developing Net Zero Campus at Koraput, Odisha as a part of this endeavor. “With excellent results in FY 2025-26, strong order book, robust execution pipeline, strategic monetisation initiatives, and expanding international presence, ճԹ is well positioned for sustained growth in the coming years,” said Dr. K. P. Mahadevaswamy, Chairman & Managing Director, ճԹ (India) Limited.
nextgem
18 May 2026

ճԹ Signs MoU with State Bank of India for Comprehensive Corporate Salary Package

ճԹ (India) Limited signed a Memorandum of Understanding with State Bank of India (SBI) on May 15, 2026, for extending a comprehensive Corporate Salary Package (CSP) to the employees of the company. The MoU was signed by Smt. Jyostna Rani Moharana, DGM (SBI) and Shri Sanjeev Kumar, CGM (HRM), ճԹ in the presence of Shri Anjeev Kumar Jain, Director (Finance), Sh. Ashwin P. Kulkarni, DGM and senior officials from both organisations
The agreement further provides financial protection benefits including Personal & Accident Insurance, Permanent/Temporary Disability Group Term Life Insurance, Health insurance, Top-up facilities, Rebate in loan facility etc.
nextgem
  • • Sanctioned cost of nearly Rs 350 Crore
  • • Developed on a 7.55-acre site with a total built-up area of nearly 54,000 sq. m
  • • Aimed to achieve minimum 3-star GRIHA rating
06 May 2026

ճԹ Marks New Milestone with Foundation Stone for State-of-the-Art IIFT Campus in Delhi

ճԹ (India) Limited, the Navratna Central Public Sector Enterprise under the Ministry of Housing and Urban Affairs, on May 5, 2026 laid the foundation stone for a new campus of the Indian Institute of Foreign Trade (IIFT) at Maidangarhi, New Delhi. The project, is being executed on a design, engineering, procurement and construction (EPC) basis, carries a sanctioned cost of around Rs. 350 crore.
The ceremony was presided over by Dr. K.P. Mahadevaswamy, Chairman & Managing Director of ճԹ (India) Ltd.,who served as the Chief Guest. The function was also attended by Dr. Suman Kumar, Director (Commercial), alongside senior dignitaries, institutional stakeholders, and officers from ճԹ.
Speaking on the occasion, Dr. Mahadevaswamy emphasised that this project is not merely an expansion of IIFT's physical footprint, but a long-term investment in the institution's ability to compete and collaborate on the world stage.
The new IIFT campus is being developed on a 7.55-acre site in South Delhi, strategically located near Chhatarpur with excellent connectivity to key parts of the city, including metro stations, arterial road networks, and the Indira Gandhi International Airport. Envisioned as a modern and integrated academic hub, the campus will have a total built-up area of nearly 54,000 sq. m., designed to complement and expand the capabilities of the institute’s existing campus. The project aims to provide a holistic environment that fosters academic excellence, research innovation, and global engagement.
The campus has been thoughtfully designed to include state-of-the-art academic, residential, and institutional facilities. The Academic Block will house smart classrooms, lecture halls of varying capacities, faculty offices, conference rooms and a modern library, enabling a technology-driven learning ecosystem. A prominent feature of the campus will be a 1000-seater auditorium equipped to host international conferences, seminars, and institutional events. Student residential facilities will include a modern hostel complex accommodating over 600 students, complete with dining, fitness, and recreational amenities. In addition, dedicated residential units for faculty members will ensure a cohesive and vibrant campus community.
The development incorporates energy-efficient systems such as LED lighting, solar photovoltaic installations and advanced HVAC systems, along with passive design strategies that enable over 80 percent daylight utilization in regularly occupied spaces. The campus will also feature rainwater harvesting, water recycling systems, low environmental impact construction materials and efficient waste management practices, ensuring reduced ecological footprint and enhanced resource efficiency.
In addition to its academic and residential features, the campus will be equipped with modern infrastructure including two-level basement parking with capacity for over 400 vehicles, barrier-free access in compliance with universal design standards, advanced fire safety systems and well-planned circulation networks for pedestrians and vehicles. The design integrates landscaped courtyards, open spaces, and interconnected pathways, creating a dynamic and interactive campus environment.
For ճԹ, this project adds another landmark to a portfolio that spans some of the country's most significant institutional and government infrastructure. As a Navratna CPSE with deep expertise in large-scale project execution, ճԹ's involvement is a mark of the project's ambition and the confidence placed in its delivery capabilities.
20 Apr 2026

Landmark e-auction of iconic “Bharat Business Park (BBP)”, Sarojini Nagar, New Delhi yields sale value of Rs 5,779 crore in first instant.

  • • Highest ever sale value recorded in a single e auction by ճԹ having sale value for Rs.5779.44 Crs
  • • The e-auction resulted in sale of 5 out of 8 towers.
  • • Sold Super built-up area of approximately 14 lakh sq. ft. out of 23.44 lakh Sq. ft.
ճԹ has successfully concluded the e-auction of commercial built-up space on freehold basis at Bharat Business Park (BBP), Sarojini Nagar, New Delhi. The e-auction had offered super built-up area of approximately 23.44 lakh sq ft. across 8 towers and witnessed an overwhelming response from International/domestic MNCs, Corporates and Institutional buyers. The auction resulted in a total sale value of approximately Rs 5779 crore, based on highest bid rates for Super built-up area of approximately 14 lakh sq. ft. auctioned in 5 towers. This has resulted in the highest ever sale value recorded in a single e-auction by ճԹ .
The strong participation and competitive bidding led to sell-out of inventory across multiple towers and floors, reaffirming the attractiveness of the project as a premium commercial destination in South Delhi.
ճԹ extends its sincere thanks to all investors, corporates and stakeholders for reposing their strong faith in the project and contributing to making the e-auction a grand success.
The successful bidders comprised of both International/domestic MNCs, Corporates and Institutional buyers including few PSUs. The average sale rate in the e-auction was recorded as Rs. 41,207/- per sq.ft., an increase of Rs.2,107/- per sq.ft. (5 % over the reserve price) .
Bharat Business Park (BBP) represents a prime commercial asset in the heart of South Delhi, offering a unique business/commercial opportunity. With only a limited inventory remaining, the upcoming second phase of the e-auction presents a rare chance for corporates to own their landmark commercial space.
Bharat Business Park (BBP) in Sarojini Nagar, New Delhi, will be developed by ճԹ (India) Limited, a modern commercial office complex designed to provide world-class office infrastructure with sustainable and energy-efficient features. The project is being developed to meet contemporary standards of workplace functionality, safety, and sustainability.
Designed with a strong focus on energy efficiency and sustainability, Bharat Business Park (BBP) will feature solar power systems, solar street lighting, energy-efficient chillers, and an intelligent Building Management System (BMS) for optimized operations. The project incorporates a modular rainwater harvesting system, advanced energy monitoring, EV charging infrastructure, and a Sewerage Treatment Plant (STP) based on MBR technology supporting water recycling and reduced environmental impact. In line with its vision of working towards zero waste , the development will include a garbage chute and waste compactor system, along with efficient resource management systems such as smart AMR/AMI-based ultrasonic water meters for individual units. The complex will also offer centralized air-conditioning, advanced safety and surveillance systems, and 100% power backup, ensuring seamless operations. A three-level basement parking facility with capacity for over 2,800 vehicles further enhances user convenience. Bharat Business Park (BBP) is being developed as a green, next-generation commercial hub, reinforcing ճԹ (India) Limited’s commitment to sustainable urban infrastructure in the national capital.
The funds realized through this e-auction will be utilised towards financing various ongoing redevelopment works, supporting project completion timelines and meeting financial obligations under the Ministry of Housing and Urban Affairs (MoHUA). The monetization model adopted by ճԹ continues to demonstrate a self-sustainable approach to large-scale urban redevelopment, significant employment generation, energy efficient initiatives and latest statutory compliances.
With this successful transaction, ճԹ has further strengthened its position as a leading public sector enterprise in the real estate sector and continues to set new benchmarks in transparent technology-driven property monetization. The scale of participation, strong price discovery and high conversion rates achieved in this e-auction underline growing investor confidence in well-planned commercial assets backed by government-led development.
The success of this e-auction is expected to have a positive cascading effect on the commercial real estate market in India, enhancing investor sentiment and paving the way for future high-value transactions.
nextgem
16 Apr 2026

ճԹ Unveils Sample Flat at Leisure Valley (Amrapali Project) in Greater Noida ; Commemorates Ambedkar Jayanti

ճԹ commemorated the birth anniversary of Bharat Ratna Dr. B.R. Ambedkar with great reverence at Leisure Valley, Greater Noida. Celebrated as Ambedkar Jayanti, the day holds immense significance as a tribute to the architect of the Indian Constitution and a champion of equality, justice and empowerment, whose ideals continue to guide the nation’s progress. A heartfelt homage was paid to Baba Saheb, acknowledging his unparalleled contribution to nation-building and social justice.
The event was graced by the presence of Hon’ble Shri R. Venkataramani, Attorney General of India & Ld.Court Receiver (Amrapali Projects), Dr. K.P. Mahadevaswamy, CMD, ճԹ, and Dr. Suman Kumar, Director (Commercial), ճԹ. Senior officials and other dignitaries were also present during the ceremony.
Marking a significant milestone, ճԹ also inaugurated a Sample Flat at Leisure Valley FAR Projects, Greater Noida, showcasing the quality and progress of ongoing development works.
In a gesture reflecting appreciation and inclusivity, Shramjeevies and their children were felicitated during the event. Recognizing that children are the future of the nation and torchbearers of a progressive and inclusive India, gifts and tokens of appreciation were presented to encourage their aspirations. This thoughtful initiative underscored the importance of nurturing young minds while honoring the invaluable contributions of the workforce in advancing the vision of a “Viksit Bharat.”
nextgem
13 Apr 2026

ճԹ–HUDCO Alliance Marks Big Leap in Asset Monetization Push

In the august presence of Shri Sanjay Kulshrestha, Chairman & Managing Director, HUDCO, and Dr. K.P. Mahadevaswamy, Chairman & Managing Director, ճԹ (India) Limited, two Memoranda of Understanding (MoUs) were signed on 11 April 2026. The MoUs were executed by Smt. Radha Roy, Executive Director, HUDCO; Shri Bhushan Kumar, Executive Director (Business Development), HUDCO; and Shri Pradeep Sharma, Executive Director (Business Development), ճԹ. Functional Directors and senior officials from both organizations were also present on the occasion.
The MOU was signed for Redevelopment of leasehold plot at Block No. 25, August Kranti Bhawan, Bhikaji Cama Place, New Delhi and providing funds by HUDCO for ongoing and upcoming projects of ճԹ’s self-sustainable model on mutually agreed terms and conditions.
This will give boost to ճԹ’s redevelopment projects on self-sustainable model as funds would be availed on reasonable terms and conditions which will not only expedite the start of projects but also increase the profit margins to the valuable clients.
The partnership is expected to expedite project execution, enhance asset value, and contribute to urban infrastructure development.
nextgem
03 Apr 2026

Revamped ճԹ Corporate Office Reflects New-Age Workspaces and Sustainability Vision

Secretary, Ministry of Housing and Urban Affairs inaugurated the Office

Shri Srinivas Katikithala, Secretary, Ministry of Housing and Urban Affairs (MoHUA), inaugurated the newly renovated Corporate Office of ճԹ (India) Limited at Lodhi Road, New Delhi. Shri Sanjeet, Joint Secretary & Financial Advisor, MoHUA, Dr. K. P. Mahadevaswamy, CMD, ճԹ, Shri Anjeev Kumar Jain, Director (Finance), Smt. Ritu Pande, CVO along with Independent Directors and senior officers of the company were also present on this occasion.
The inauguration ceremony was marked by traditional rituals including a pooja ceremony, lamp lighting, and unveiling of the inauguration plaque, followed by a walkthrough of the upgraded office premises and interaction with senior officials and employees.
Addressing the gathering, Shri Katikithala lauded ճԹ’s continued contribution to nation-building through its role in executing landmark infrastructure and redevelopment projects. He emphasized the importance of modern, efficient, and sustainable workplaces in enhancing productivity and fostering innovation within public sector enterprises.
On the occasion, CMD, ճԹ, expressed gratitude to the Chief Guest for his presence and guidance, and reiterated the company’s commitment to evolving as a modern, agile, and people-centric organization aligned with national priorities.
The renovated corporate office, spread across approximately 40,000 sq. ft. marks a significant milestone in ճԹ’s organizational growth and transformation.
The workplace is equipped with integrated technology solutions such as wireless connectivity, IoT-enabled systems, and modern charging infrastructure.
The event concluded with felicitation of shramjeevis involved in the project and a community bhandara , celebrating the successful completion of the renovation works.
nextgem
19 Mar 2026

Jaipur Set for Global Leap: ճԹ to Execute ₹5,800 Crore Rajasthan Mandapam & Allied Infrastructure

Hon’ble CM Rajasthan Unveils Visionary Rajasthan Mandapam Project

On the eve of Rajasthan Diwas celebration, Hon’ble Chief Minister of Rajasthan, Shri Bhajan Lal Sharma in the presence of Col. Rajyavardhan Rathore, Hon’ble Cabinet Minister of Industries & Commerce, IT & C, Youth Affairs & Sports, Skills, Planning & Entrepreneurship and Soldier Welfare, Shri Krishan Kumar Vishnoi, Hon’ble Minister of State, Industry & Commerce Department, Youth Affairs & Sports, Skills, Planning & Entrepreneurship Department and Policy Making, Shri V. Srinivas, Chief Secretary, Govt. of Rajasthan and Shri Shikhar Agrawal, Additional Chief Secretary (ACS) & Chairman, Rajasthan State Industrial Development & Investment Corporation Limited (RIICO), Dr. K. P. Mahadevaswamy, CMD , ճԹ and other dignitaries, unveiled the pictorial digital views of Rajasthan Mandapam and allied infrastructure through a video presentation at an event held at Rajasthan International Centre, Jaipur. The unveiling marked a significant milestone in the state’s journey towards building world-class infrastructure and reinforcing its position as a progressive and investment-ready destination.
The ambitious project, near Jaipur International Airport is expected to come up on more than 90 acre in Jaipur with a total built up area (BuA) of more than 94.53 lakh sq.ft. The master plan integrates an iconic convention centre (BuA more than 9 lakh sq.ft.), grand expo halls (BuA around 7 lakh sq.ft), Global Capability Centres (GCCs) & IT/ITES Office Spaces (BuA around 18 lakh sq.ft), Hotels, Retail facilities & Housing (BuA more than 10.76 lakh sq,ft), a Natural History Museum (BuA more than 1.77 lakh sq.ft.), Riverfront public spaces, Unity Mall, and Fintech plaza (BuA close to 69 thousand sq.ft), creating a vibrant mixed-use ecosystem combining business, tourism, culture, leisure, and social interaction. Strong emphasis has been placed on connectivity, sustainability, climate-responsive design, and pedestrian-friendly public realms, ensuring long-term urban resilience and liveability. The entire development will have provision of ample parking with BuA of around 32.5 lakh sq.ft.
The entire development is being developed by RIICO with ճԹ executing the project. ճԹ will implement the project through a robust, self-financing model, ensuring financial sustainability while maintaining world class standards of transparency and efficiency. The total project value has been assessed at more than ₹5,800 crore , reflecting the expanded scale and comprehensive scope of the Rajasthan Mandapam and allied developments. This positions the project among the most significant urban infrastructure initiatives in the region, with far-reaching economic and social impact.
Reaffirming its commitment to timely delivery, ճԹ plans to float tenders for the project in April, marking the transition from planning to execution. With its proven expertise in delivering landmark infrastructure projects, ճԹ will ensure adherence to the highest standards of quality, efficiency and timely completion.
At the heart of this transformative initiative lies the Rajasthan Mandapam Convention Centre, which ճԹ will develop as a world-class, multi-scale facility capable of hosting international conventions, exhibitions, cultural performances, and high-level events. The convention complex will feature multiple auditoria, including the grand Padam Mandap with a seating capacity of approximately 6500 persons, Swarn, Tulsi, and Kadam Mandaps, in addition to banquet halls, summit spaces, meeting rooms, and a state-of-the-art concert arena designed to meet global standards.
Complementing the convention centre is a comprehensive ecosystem of allied infrastructure planned, including expansive expo halls, Global Capability Centres (GCCs), IT/ITES office spaces, fintech plaza, hospitality developments, retail and residential zones, and a Natural History Museum. Another highlight of the project is the revitalization of the Dravyawati riverfront into a vibrant public space, integrating ecological restoration with cultural and recreational activities, reflecting a strong emphasis on sustainability and urban resilience.
nextgem
16 Mar 2026

ճԹ set to execute landmark Marine Eco City Project in Kochi for Kerala State Housing Project.

Key Highlights • Kerala Chief Minister lays foundation stone for the Marine Eco City Project at Marine Drive, Kochi. • ճԹ (India) Limited associated with the project as Project Management Consultant (PMC) on EPC basis. • Conceived as a self-sustainable urban development model, the Project is to be developed in three phases for Kerala State Housing Board (KSHB) on 17.9 acres of prime waterfront land. • Phase-I to be developed 3.16 acres including mixed-use residential-cum-commercial tower with 152 premium apartments and retail/office spaces. • Estimated cost of Phase-I to be around Rs 480 Crore
New Delhi/Kochi, March 12, 2026: The Hon’ble Chief Minister of Kerala, Shri. Pinarayi Vijayan, today laid the foundation stone (through online mode) for the Marine Eco City Project at Marine Drive, Kochi. The event held at the KTDC Convention centre, Bolgatty, Kochi was also graced by Hon’ble Revenue and Housing Minister, Shri K. Rajan, Shri PP Suneer, Hon’ble MP Rajyasabha, Shri T J Vinod, Hon’ble MLA, Smt. Geetha A, IAS, Housing Commissioner and Secretary KSHB, Smt. G Priyanka, IAS, District Collector, Kochi, Dr Suman Kumar, Director (Commercial), ճԹ, Shri Subhash Punjakottil, Board Member, KSHB, Shri V Unnikrishnan, Technical Member, KSHB, along with senior officers from KSHB and ճԹ.
A memorandum of understanding for the project was signed between the KSHB and ճԹ in 2023. The project will come up near the BPCL housing complex at Marine Drive. The landmark development is being undertaken by the Kerala State Housing Board (KSHB), with ճԹ (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, Government of India, associated with the project as Project Management Consultant (PMC) for implementation on an EPC basis.
Spread across 17.9 acres of prime waterfront land, the Marine Eco City Project has been conceived as a self-sustainable urban development model aimed at monetizing the land parcel while creating a modern residential, commercial and hospitality hub in Kochi.
Phase I Development Phase I of the project will be developed on 3.16 acres and will comprise a mixed-use residential-cum-commercial tower with Lower Ground Floor + Upper Ground Floor + 26 floors, along with an adjacent parking block. The phase will have a total built-up area of about 85,733 sq. m. (around 9.22 lakh sq. ft.), including parking facilities.
The building will feature parking and services in the lower ground and upper ground floors, Retail commercial spaces on the 1st to 3rd floors, Office spaces on the 4th and 5th floors, Clubhouse and recreational facilities on the 6th floor and Residential apartments from the 7th to 26th floors. The residential component will comprise 152 apartments, including 80 three-bedroom (3BHK) units and 72 four-bedroom (4BHK) units, with eight apartments on each floor.
This phase has already received key statutory approvals including CRZ clearance, Environmental Clearance, Pollution Control Board consent, Airport Authority NOC, Fire pre-NOC, wildlife clearance and GRIHA pre-certification. The estimated cost of Phase I is around ₹480 crore.
Future Phases The Phase II and Phase III development will be undertaken on 14.74 acres and will significantly expand the project scope. Phase II will include a 5-star category hotel with 105 rooms along with a convention centre, designed to support tourism and business events in Kochi. Phase III will feature six residential towers with 952 apartments, comprising 538 three-bedroom units and 414 four-bedroom units, across LGF + Ground + 28 floors. The combined built-up area for these phases is proposed to be about 44.2 lakh sq. ft., including parking facilities
Expressing his happiness on this development, Dr. K.P. Mahadevaswamy, CMD, ճԹ (India) Limited, said “ճԹ is honoured to be associated with the Marine Eco City Project in Kochi as Project Management Consultant. This landmark waterfront development reflects a forward-looking approach towards integrated and sustainable urban infrastructure. ճԹ remains committed to bringing its expertise in project management and execution to ensure the successful and timely delivery of this iconic project for the people of Kerala.”
The Marine Eco City Project is expected to emerge as a major urban landmark along Kochi’s Marine Drive, strengthening the city’s residential, commercial and tourism infrastructure while promoting sustainable and planned urban development
nextgem
08 Mar 2026

Prime Minister Shri Narendra Modi inaugurates and lays Foundation Stone for Major Housing and Office Infrastructure Projects under Redevelopment of 7 GPRA Colonies in Delhi.

ճԹ scripting unique redevelopment saga in urban infrastructure development

Key Highlights • Prime Minister Shri Narendra Modi inaugurates over 2,700 newly constructed government flats and key office infrastructure in Delhi • Foundation stone laid for more than 6,600 additional GPRA flats and Bharat Business Park office towers • Redevelopment of 7 GPRA colonies is expected to create more than 21000 modern residential units with BUA of 65.42 lakh sqm approximately including social infrastructure • 7 GPRA Project generating 3.55 crore man-days of employment till date • Redevelopment being undertaken on a self-financing model through monetisation of commercial built-up area, unique model by ճԹ • Initiative contributing significantly to modern government housing, urban infrastructure and revenue to the exchequer • On International Women Day 2026, Hpn’ble Prime Minister interacted with women shramjeevis, hands over allotment keys to few women allottees. ճԹ women employees get the chance to brief Hon’ble Prime Minister about the 7 GPRA project. • ճԹ Women employees were present in large numbers on this occasion to mark this important event.
Hon’ble Prime Minister of India, Shri Narendra Modi, inaugurated and laid foundation stone for multiple residential and office infrastructure projects under the ongoing redevelopment of 7 General Pool Residential Accommodation (GPRA) colonies in Delhi, a major urban redevelopment initiative of the Ministry of Housing and Urban Affairs.
The Hon’ble Prime Minister prior to inaugurating the projects, visited the GPRA site at Sarojini Nagar along with Shri Manohar Lal, Hon’ble Minister of Housing & Urban Affairs and Power and Shri Srinivas Katikithala, Secretary, Housing & Urban Affairs. He was briefed about the GPRA project at site by ճԹ women officers. Later he met with women shramjeevis working in the project and handed over allotment keys to few women allotees. Dr. K.P. Mahadevaswamy, CMD ճԹ, Shri Ravi Kumar Arora, Joint Secretary, Ministry of Housing & Urban Affairs, Shri Satinder Pal Singh, DG, CPWD, Directors, CVO from ճԹ, senior ճԹ officers along with ճԹ women employees in large numbers were also present at Sarojini Nagar GPRA colony during the event.
After the site visit, the formal inauguration and foundation laying of the 7 GPRA projects was done by Hon’ble Prime Minister through virtual mode from Burari, Delhi in the august presence of Shri Manohar Lal, Hon’ble Minister of Housing & Urban Affairs and Power, Shri Vinai Kumar Saxena , Hon’ble Lieutenant Governor of Delhi, Smt. Rekha Gupta, Hon’ble Chief Minister, Govt. of National Capital Territory of Delhi (GNCTD), Shri Tokhan Sahu, Hon’ble MoS of Housing & Urban Affairs and other dignitaries
The redevelopment programme, approved by the Union Cabinet on 5 July 2016, is being implemented by ճԹ (India) Limited, Navratna PSU and the CPWD with the objective of creating modern, sustainable government housing and optimising land use in the national capital.
The 7 GPRA programme shall result in creation of more than 21,000 government residential units at an estimated cost of around ₹32,000 crore. The colonies being redeveloped include Mohammadpur, Thyagraj Nagar, Kasturba Nagar, Sriniwaspuri, Nauroji Nagar, Sarojini Nagar and Netaji Nagar.
Of these, three colonies— Sarojini Nagar, Netaji Nagar and Nauroji Nagar—are being implemented by ճԹ, while CPWD is implementing redevelopment in Kasturba Nagar, Thyagraj Nagar, Sriniwaspuri and Mohammadpur. The redevelopment of 7 GPRA is expected to result in a total BUA of 65.42 lakh sqm approximately. ճԹ has already completed the re-development of Nauroji Nagar by completing World Trade Center which was inaugurated in January 2025.
Hon’ble Prime Minister inaugurated GPRA Quarters at Sarojini Nagar and Kasturba Nagar, New Delhi and three towers of General Pool Office Accommodation at Netaji Nagar, New Delhi. These inaugurated projects will add over 2,700 modern residential units and key office infrastructure to the government housing and office pool. In addition to the inauguration foundation stone of more than 6600 GPRA flats across Netaji Nagar, Sarojini Nagar, Sriniwaspuri and Kasturba Nagar and 8 Towers of Bharat Business Park in Sarojini Nagar was also laid.
Bharat Business Park in Sarojini Nagar, New Delhi, developed by ճԹ (India) Limited, is a modern commercial office complex designed to provide world-class office infrastructure with sustainable and energy-efficient features. The project comprises a total built-up area of approximately 2.17 lakh square metres of commercial office space, developed to meet contemporary standards of workplace functionality, safety, and sustainability.
The complex will be equipped with centralised air-conditioning supported by energy-efficient chillers and an intelligent Building Management System (BMS) to ensure efficient operation and monitoring of building services. Advanced safety and security features, including fire detection systems, public address systems and integrated CCTV surveillance will also be incorporated. The facility will provide 100 percent power backup through DG sets and UPS systems, ensuring uninterrupted operations for occupants. In line with sustainable development practices, the project shall include solar rooftop panels, energy monitoring systems, EV charging facilities, and 17 nos. rainwater harvesting recharge pits. The building is designed to be GRIHA compliant, reflecting adherence to green building standards. Additionally, the complex features three-level basement parking with capacity to accommodate more than 2,800 vehicles, offering ample parking infrastructure for occupants and visitors. The estimated project value of Bharat Business Park will be around ₹2,270 crore, making it one of the significant commercial infrastructure developments undertaken by ճԹ in the national capital.
It is pertinent to mention that ճԹ has been at the forefront of redevelopment model. The journey of government housing redevelopment began with successful projects of New Motibagh and East Kidwai Nagar.
The GPRA redevelopment programme follows an innovative self-sustainable redevelopment model by ճԹ. Under this approach, ageing government colonies are redeveloped into modern residential complexes, commercial assets are monetized and the revenue generated finances the redevelopment. This model enables large-scale redevelopment without additional burden on the Government budget and provides a framework that can be replicated in other cities across India. ճԹ is generating funds for the Government of India for completing all the 7 GPRA Projects including those executed by CPWD.
The redevelopment of the 7 GPRA colonies is progressing steadily with substantial construction and financial progress achieved so far. Till date, more than 25 lakh sqm of BUA has already been achieved across all 7 colonies.
The redevelopment programme till date has also generated 3.55 crore man-days of employment, across 7 colonies with ճԹ generating more than 3 crore man-days of employment in its three allocated colonies. Among the colonies, Sarojini Nagar, executed by ճԹ accounts for the largest share of redevelopment, followed by Netaji Nagar and Kasturba Nagar, reflecting the extensive residential and commercial infrastructure being created under the programme.
The redevelopment of GPRA colonies represents one of the largest urban redevelopment initiatives undertaken in the national capital, contributing to modern government housing, improved urban infrastructure, employment generation and substantial revenue to the government exchequer, while catalysing growth in the construction and allied sectors.
nextgem
05 Mar 2026

ճԹ Celebrates Holi with Enthusiasm; Organises Cultural Activities for Employees.

ճԹ (India) Limited celebrated Holi with great enthusiasm and festive spirit through a series of engaging activities for its employees at East Kidwai Nagar and the Corporate Office on 03.03.2026.
A vibrant Holi Celebration Ceremony was organised at East Kidwai Nagar, fostering joy, unity and camaraderie among employees. The event was graced by the esteemed presence of Shri K. P. Mahadevaswamy, CMD, ճԹ; Shri Suman Kumar, Director (Commercial); Shri Anjeev Kumar Jain, Director (Finance); and Smt. Ritu Pande, CVO, who extended festive greetings and encouraged collective participation.
Adding to the celebrations, Umang, the Cultural Committee of ճԹ, organised a T-Shirt Painting Competition at the Corporate Office. Promoting creativity, artistic expression and team spirit amongst employees. On this occasion CMD, addressed the gathering in the presence of the senior management, appreciating the enthusiasm and active involvement of employees.
The celebrations reflected ճԹ’s commitment to fostering a positive, inclusive and engaging workplace culture.
nextgem
05 Mar 2026

ճԹ Observes 55th Safety Week 2026, Reaffirms Commitment to Workplace Safety

• CMD Dr. K.P. Mahadevaswamy administers Safety Pledge to employees

ճԹ, observed the 55th Safety Week 2026 with a pledge-taking ceremony emphasizing the importance of maintaining the highest standards of safety across all workplaces and project sites.
On the occasion, Dr. K.P. Mahadevaswamy, CMD, ճԹ, administered the Safety Pledge to employees, encouraging them to uphold the highest standards of safety at all work sites and offices. The pledge ceremony was attended by Shri Anjeev Kumar Jain, Director (Finance), Smt. Ritu Pande, Chief Vigilance Officer, and other senior officers of the company.
Addressing the gathering, Dr. Mahadevaswamy highlighted that while Safety Week is observed to spread awareness, safety should be practiced every day. He urged employees to remain vigilant and follow established safety protocols to ensure a safe and secure working environment for all.
During the programme, safety awareness posters highlighting key workplace safety practices—such as avoiding unsafe acts, using appropriate safety equipment, and adhering to safety guidelines—were also released to reinforce the message of safety among employees and workers.
ճԹ continues to prioritize safety and remains committed to fostering a culture of responsible and safe work practices across all its operations.
nextgem
03 Mar 2026

ճԹ TO BUILD ECO-FRIENDLY KENDRIYA VIDYALAYA AT KHAJURI KHAS, DELHI.

The “Bhoomi Poojan Ceremony” for the Permanent Campus of “Kendriya Vidyalaya at Khajuri Khas, Delhi” was held on 02.03.2026. The event witnessed the gracious presence of esteemed dignitaries including Ms. Rekha Gupta, Hon’ble Chief Minister, Government of Delhi; Shri. Ashish Sood, Hon’ble Education Minister, Government of Delhi; Shri. Manoj Tiwari, Hon’ble Member of Parliament (Lok Sabha), North-East Delhi; Shri. Kapil Mishra, Hon’ble Minister of Law & Labour, Government of Delhi; Shri Rajeev Kumar, Chief General Manager, ճԹ along with other Senior officers of KVS and ճԹ.
Hon'ble Chief Minister Ms. Rekha Gupta, in October 2025 had announced that a new Kendriya Vidyalaya will soon open in Khajuri Khas, north-east Delhi, to provide high-quality education.
ճԹ (A Govt. of India Enterprise) has been entrusted with the Construction of the “Two-section School Building and Development of other Facilities for Kendriya Vidyalaya Sangathan (KVS) at Khajuri Khas, Delhi”, at an approximate cost of Rs 47.80 crore. This project will be constructed with a strong focus on sustainability, incorporating solar power systems and energy-saving measures to achieve a 4-Star GRIHA rating for green buildings. The stipulated completion period for the new building is 24 months.
The New Academic Building will have a built-up area of 8,725 sqm on a 1.82-acre plot, comprising Ground + 4 Floors with a building height of 17.5 meters. The new Academic Building will significantly enhance educational access in the region, providing capacity for 1,520 students. The expanded infrastructure will feature 38 well-ventilated classrooms (40 pax each), a grand double-height entrance lobby with a centrally placed statue of Goddess Saraswati, a multipurpose court for senior students, a dedicated play area for Bal Vatika, lift for universal accessibility and parking for 4 wheelers and 2 wheelers. Future expansion has also been strategically planned on the fourth floor to accommodate 10 additional classrooms.
Highlights of the Project: Inspirational Academic Spaces: The academic block is designed with a focus on safety, accessibility, and natural light. Classrooms are arranged along a single-loaded corridor to maximize cross-ventilation and acoustic comfort, ensuring a vibrant and inclusive learning environment.
Cooling and Environmental Benefits: The environmentally sustainable design includes solar power provision, LED fixtures, and Solar Street Lights to generate energy and save power. It also features a Sewage Treatment Plant, Rainwater Harvesting Systems, EV charging points and approximately 25% green cover of total area (Grass Pavers and Landscaping) to reduce the carbon footprint and improve air quality.
This new Kendriya Vidyalaya Campus is set to be a cornerstone in educational development in the region, embodying a commitment to enhancing student life while adhering to principles of environmental sustainability, pedestrian safety, and cultural identity.
nextgem
27 Feb 2026

ճԹ Signs Landmark MoU with Delhi Development Authority to Drive Large-Scale Landscape Transformation Across Delhi.

• Redevelopment of Staff Quarters at Old Rajinder Nagar and Safdarjung Development Area

• First redevelopment initiative of ճԹ with DDA

• Total project cost of both projects valued at approximately Rs 775 Crore

ճԹ (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, Government of India, has signed two separate Memorandum of Understanding (MoU) with the Delhi Development Authority (DDA) for the comprehensive redevelopment of DDA Staff Quarters located at Old Rajinder Nagar (ORN) and Safdarjung Development Area (SDA), New Delhi. The redevelopment has been approved by DDA under the provisions of MPD-2021 and the Policy for Redevelopment Schemes and will be implemented on a self-sustainable model. The MoUs were signed by Shri Kunal Kashyap, Commissioner (Housing), DDA and Shri Anil Kumar, CGM(Engg.) in the august presence of Shri N. Saravana Kumar, Vice Chairman, DDA and Shri K. P. Mahadevaswamy, CMD, senior officers from DDA and ճԹ also graced the occasion.
The MoUs entail the development of Built-up Area of 1.66 lakh sq. mtrs. approximately in both the projects at a total project cost of close to Rs 775 Crore (excl.GST) (ORN – 1 lakh sq. mtrs/Rs. 438 Crore and SDA- 66 thousand sq. mtrs/ Rs. 337 Crore respectively). The envisaged BUA remains tentative and shall be finalized after detailed survey and approval of the Detailed Project Report (DPR). Currently, 117 dwelling units at Old Rajinder Nagar and 152 dwelling units at Safdarjung Development Area are being utilized as staff quarters by DDA. Considering the age and condition of these structures, both the projects envisage modern, well-planned redevelopment with upgraded infrastructure.
ճԹ shall act as Project Management Consultant and Implementing Agency for execution of the projects from concept to commissioning. The redevelopment will follow a self-sustainable model wherein a portion of the developed Built-Up Area will be sold through a transparent process, and the proceeds will be utilized to finance the project, while the remaining built-up area, as decided by DDA, will be handed over for staff use.
ճԹ’s scope of work will include comprehensive master planning of approximately 4 hectares at each location, preparation of DPR with detailed cost and revenue models, obtaining statutory approvals in compliance with MPD-2021 and CPWD norms, detailed architectural and engineering design, tendering and EPC-based construction, third-party quality audits, and completion and commissioning of the projects. The development is proposed to be completed in a phased manner within a period of three years from obtaining statutory approvals and handing over of encumbrance-free land.
Shri N. Saravana Kumar, Vice Chairman, DDA describing the agreement as a one-of-its-kind of MoU and expressed confidence that ճԹ (India) Limited will create a new benchmark by delivering world-class architecture and state-of-the-art amenities across Delhi.
Speaking on the occasion, CMD, ճԹ stated that the signing of the MoUs mark an important step towards sustainable urban redevelopment and optimization of valuable land assets in the national capital. He expressed confidence that the projects at Old Rajinder Nagar and Safdarjung Development Area will create modern residential ecosystems while maintaining financial prudence through a structured self-sustaining model.
The signing of these MoUs reflects the continued collaboration between two premier public sector institutions under the Ministry of Housing and Urban Affairs and underscores a shared commitment towards structured urban regeneration and modernization of housing infrastructure in New Delhi.
nextgem
17 Feb 2026

Vice-President of the Republic of Seychelles, H.E. Mr. Sebastien Pillay Visits ճԹ Headquarters

Focus on Island Infrastructure development in Seychelles

The Vice-President of the Republic of Seychelles, H.E. Mr. Sebastien Pillay, visited the headquarters of ճԹ (India) Limited in New Delhi leading a high-level delegation.The Seychelles delegation held detailed discussions with Shri K. P. Mahadevaswamy, CMD, ճԹ and other senior officers of the company regarding projects in Seychelles.
During the meeting, comprehensive presentations were made to the delegation outlining infrastructure development for an area of about 139 acres of an island. The proposed development would include affordable social housing, leisure & hospitality, premium villas, sports arena, social infrastructure etc. This visit builds upon earlier high-level deliberations by CMD, ճԹ with Government of Seychelles during his visit to Seychelles in January this year. The delegation were also made aware of the capabilities of ճԹ by showcasing the successful execution of 2000 Social Housing Project at Hulhumale, Maldives. It is pertinent to mention that skilled workforce and construction materials from India played a significant role in the project completion. Vice President and the delegation expressed their confidence in the capabilities of ճԹ and their appreciation towards the efforts shown in the presentations made during the meeting.
Speaking on the occasion, CMD, ճԹ, reaffirmed the company’s commitment to delivering high-quality, sustainable infrastructure solutions and expressed confidence in further deepening cooperation with Seychelles across multiple sectors. It is to mention that ճԹ is currently executing the construction of the Indian Chancery Building, along with a Cultural Centre and Residential Units in Seychelles, reflecting India’s continued commitment to strengthening bilateral ties and development partnership with the island nation.
The visit of Vice-President Pillay underscores the strong and enduring partnership between India and Seychelles and highlights the shared vision of enhancing infrastructure development.
21 Feb 2026

ճԹ (India) Limited Declares 3rd Interim Dividend for FY 2025–26

ճԹ (India) Limited has once again demonstrated its strong financial position and commitment to shareholders by announcing its third interim dividend for FY 2025–26. The declaration was approved at the meeting of the Board of Directors held on Wednesday, February 18, 2026.
The Board has declared an interim dividend of ₹0.12 per equity share of face value ₹1 each, translating to 12% of the face value.
ճԹ (India) Limited during FY 2025–26, the company has maintained a consistent dividend payout trend across the quarters. The first interim dividend of ₹0.21 per equity share (21% on face value of ₹1 each) was declared at the Board Meeting held on August 7, 2025, followed by a second interim dividend of ₹0.21 per equity share (21%) approved on November 13, 2025.
The latest announcement further underscores ճԹ’s stable earnings profile, disciplined financial management, and continued focus on enhancing long-term shareholder returns.
nextgem
17 Feb 2026

CII-ճԹ Training Institute at Ghitorni, New Delhi inaugurated

Secretary, Housing & Urban Affairs, Ministry of Housing & Urban Affairs inaugurates the Institute

Shri Srinivas Katikithala, Secretary, Housing & Urban Affairs, Ministry of Housing & Urban Affairs (MoHuA) inaugurated CII-ճԹ Training Center at Ghitorni in the presence of Shri Rajiv Arora, Joint Secretary, MoHuA, Shri K. P. Mahadevaswamy, CMD, ճԹ, Dr. Suman Kumar, Director (Commercial), ճԹ and other senior officers from ճԹ.
In a significant move to bridge India’s skill gap and enhance employability, ճԹ and Confederation of Indian Industry (CII) have come together to establish a Multi Skill Training Institute (MSTI) and a Model Career Centre (MCC) at Ghitorni, Delhi. This collaboration will empower India’s youth by providing industry-relevant skills, facilitating employability, and fostering economic growth.
The training programs stand to impact youth across Delhi and surrounding regions, ensuring that they are equipped with skills that align with the industry’s evolving needs. Through career counselling, job fairs and industry linkages, the program will facilitate direct placements, ensuring that the youth are not only trained but also provided with clear pathways to employment. The program will offer industry-aligned bridge courses aimed at reskilling and upskilling youth, preparing them for the modern workforce in sectors like retail, manufacturing, BPO and logistics.
nextgem
17 Feb 2026

ճԹ sets New Benchmark in Public Education Infrastructure: CM Shri School Inaugurated at Sarojini Nagar

Inaugurated by Shri Dharmendra Pradhan, Hon’ble Union Minister of Education

The newly constructed CM Shri School at Sarojini Nagar was inaugurated on 17.02.2026 by Shri Dharmendra Pradhan, Hon’ble Union Minister of Education in the august presence of Smt. Rekha Gupta, Hon’ble Chief Minister, Government of NCT of Delhi (GNCTD), Shri Ashish Sood, Hon’ble Minister for ճԹ, Power, Urban Development, Education, Higher Education, Training & Technical Education, Govt. of GNCTD and other dignitaries. The ceremony was also attended by Shri K. P. Mahadevaswamy, Chairman & Managing Director, ճԹ (India) Limited along with senior officers
Constructed by ճԹ, the state-of-the-art school stands as a symbol of the Government’s unwavering commitment to delivering world-class educational infrastructure. Designed to accommodate approximately 1,800 students, the G+3 institutional building spreads over nearly 7,230 square metres (around 80,000 sq. ft.) and houses 60 spacious classrooms, 6 modern laboratories, a well-equipped library, and comprehensive student facilities. The campus has been thoughtfully designed to foster academic excellence while ensuring inclusivity and accessibility through barrier-free features and a 13-passenger lift.
Built in accordance with GRIHA 3-Star green building standards, the project reflects a strong commitment to sustainability and responsible development. Energy-efficient lighting systems, low-flow plumbing fixtures, and provisions for solar-powered street lighting contribute to reduced environmental impact and operational efficiency. Advanced water management systems further enhance resource optimization, aligning the project with national sustainability goals.
Safety and holistic development have been central to the design philosophy. The school features a spacious assembly ground with an elevated stage for academic and cultural engagements, secure window installations, and a well-planned layout that promotes a safe and vibrant learning atmosphere. The infrastructure is future-ready, blending functionality with modern aesthetics to create an inspiring educational environment.
The CM Shri School forms an integral component of the larger redevelopment of Sarojini Nagar being undertaken by ճԹ under the aegis of the Ministry of Housing and Urban Affairs. The ambitious redevelopment envisions approximately 7,500 modern residential units supported by over one million square feet of social infrastructure, including Schools, Barat Ghar, Aanganwari, Suvidha Market etc. In close proximity to the school, a Public Library, Sports Complex and School of Excellence are also under development and will further strengthen the social ecosystem of the area which upon completion shall be handed over to Department of Education, Govt of Delhi.
The inauguration of CM Shri School marks yet another proud achievement for ճԹ in nation-building through transformative infrastructure. By creating modern, sustainable and student-centric institutions, ճԹ continues to play a pivotal role in shaping environments where the next generation can learn, innovate and thrive.
nextgem
16 Feb 2026

From Boardrooms to Boundaries: Teams Light Up the Cricket Field

The Inter-Department Unity Cup Cricket Tournament organised at Siri Fort Sports Complex concluded successfully, bringing together teams from leading government organizations for a day filled with competitive spirit, camaraderie and sportsmanship.
Teams from the Ministry of Housing and Urban Affairs, Delhi Development Authority, HUDCO, CPWD and ճԹ participated in the tournament, showcasing impressive teamwork and enthusiasm. Shri Srinivas Katikithala, Secretary, MoHuA , Shri Sanjeet, JS & FA, MoHUA, Shri Sanjay Kulshrestha, CMD, HUDCO and Shri K.P. Mahadevaswamy, CMD, ճԹ along with other senior officers also participated in this tournament.
The tournament progressed through the matches, culminating in a gripping final match that witnessed remarkable performances. The event concluded with a closing ceremony and prize distribution, celebrating the spirit of participation and excellence. The tournament was played in a unique format designed to promote inclusivity and balanced competition. The tournament was won by Ministry of Housing and Urban Affairs with ճԹ emerging as runners-up.
The tournament not only provided a platform for healthy competition but also strengthened inter-departmental bonding among participating organizations. The event reflected the shared commitment of public sector institutions towards promoting wellness, teamwork and collaboration beyond professional engagements.
The successful conclusion of the tournament stands as a testament to the collective enthusiasm and sporting spirit of all participating teams.
13 Feb 2026

ճԹ FINANCIAL RESULTS FOR Q3 FY26 & 9M FY26

Consolidated 9M FY26: Revenue Rs. 8328.82 Cr., PBT Rs. 649.03 Cr. , PAT Rs. 488.94 Cr.

ճԹ (India) Limited, a Navratna CPSE, announced its standalone and consolidated financial results for the quarter & nine months ended on December 31, 2025 today.

Key Takeaways :

  1. 1. Group’s robust Order Book stands at Rs. 1,26,790 Cr. as on 31.12.2025
  2. 2. Double digit growth in Revenue of ճԹ Group in 9M FY26
  3. 3. Consolidated Revenue of PMC Segment soared by 19.01% during 9M FY26 (YoY)
Consolidated revenue from operations for 9M FY26 stood at Rs. 8328.82 Cr. compared to Rs. 7399.93 Cr. for 9M FY25, showing double digit growth of 12.55%. The company reported consolidated revenue from operations of Rs. 3022.39 Cr. during Q3 FY26 compared to Rs. 2809.07 Cr. for Q3 FY25, showing a growth of 7.59%.
Standalone revenue from operations for 9M FY26 stood at Rs. 5841.56 Cr. compared to Rs. 5511.73 Cr. for 9M FY25, showing growth of 5.98%. Company reported standalone revenue from operations of Rs. 2087.54 Cr. for Q3 FY26 compared to Rs. 2029.88 Cr. for Q3 FY25, showing growth of 2.84%.

Company reports upward growth in Q3 FY26 :

On Standalone basis :-
PBT up by 49.10% ; from Rs. 171.26 Cr in Q3 FY25 to Rs. 255.35 Cr in Q3 FY26 PAT up by 52.88% ; from Rs. 128.60 Cr in Q3 FY25 to Rs. 196.60 Cr in Q3 FY26
On Consolidated basis:- PBT rises by 33.93% ; from Rs. 196.23 Cr in Q3 FY25 to Rs. 262.82 Cr in Q3 FY26 PAT rises by 38.47% ; from Rs. 142.43 Cr in Q3 FY25 to Rs. 197.22 Cr in Q3 FY26.
Company reports upward growth in 9M FY26 : On Standalone basis :- PBT up by 39.74% ; from Rs. 443.53 Cr in 9M FY25 to Rs. 619.79 Cr in 9M FY26 PAT up by 42.58% ; from Rs. 338.92 Cr in 9M FY25 to Rs. 483.23 Cr in 9M FY26
On Consolidated basis:- PBT rises by 28.27% ; from Rs. 505.97 Cr in 9M FY25 to Rs. 649.03 Cr in 9M FY26 PAT rises by 30.47% ; from Rs. 374.76 Cr in 9M FY25 to Rs. 488.94 Cr in 9M FY26.
nextgem
13 Feb 2026

ճԹ Celebrates Recognition of CA. Vijay Kumar Choudhary as “CA CXO – For Large Corporate – Services” by ICAI at WOFA 2026

ճԹ (India) Limited, proudly announces that CA. Vijay Kumar Choudhary, Executive Director (Finance), ճԹ, has been conferred the prestigious “CA CXO – For Large Corporate – Services” Award at the 19th ICAI Awards held during World of Finance & Accounting (WOFA) 2026
The award has been presented by the Institute of Chartered Accountants of India (ICAI), a statutory body established by an Act of Parliament, in recognition of distinguished professionals who demonstrate excellence, integrity, and leadership in financial governance and corporate stewardship.
This honour acknowledges CA. Vijay Kumar Choudhary’s exemplary professional achievements and his strategic financial leadership, which have significantly strengthened ճԹ’s financial management framework and governance standards.
Notably, this is the second time ICAI has recognised his outstanding contribution to the profession. In 2019, he was conferred the “CA Achiever – Infrastructure & Construction Sector” Award at the 12th ICAI Leaders & Business Excellence Awards, recognising his exceptional performance and impact within the infrastructure and construction domain.
These accolades reaffirm ճԹ’s steadfast commitment to robust financial discipline, transparent governance practices, and sustained institutional excellence. Under the leadership of its senior management, ճԹ continues to uphold the highest standards of accountability and financial stewardship while delivering value to stakeholders.
09 Feb 2026

Supreme Court Upholds ճԹ’s Mandate to Complete 16 Stalled Supertech Projects

• Landmark Judgment Reinforces Legal Certainty, Brings Relief to ճԹbuyers
• Strengthens ճԹ’s Role in Resolving Distressed Real Estate Assets

In a landmark development for India’s real estate and infrastructure sector, the Hon’ble Supreme Court of India has upheld the decision of the National Company Law Appellate Tribunal (NCLAT), authorising ճԹ (India) Limited, a Navratna Public Sector Undertaking, to complete 16 stalled housing projects of Supertech Limited.
The apex court’s affirmation provides final legal certainty to ճԹ’s role as Project Management Consultant (PMC) for these projects and establishes a clear, binding framework for their execution and completion. The judgment marks a decisive step toward resolving one of the largest distressed real estate portfolios in the country.

Judicial Backing and Clear Legal Framework

The Hon’ble Supreme Court, after hearing the matter at length, upheld the NCLAT order dated December 12, 2024, approving the Terms of Reference (TOR) submitted by ճԹ under Interlocutory Application (IA)-6557/2024. The TOR has the provision of ճԹ getting PMC charges of 8% on actual cost of construction.
Hon’ble Supreme Court, further clarified that the order is final and binding, and that no court or forum shall interfere with the implementation of the directions issued for completion of the projects by ճԹ. It has also directed that expired statutory approvals shall be renewed within the timelines prescribed by NCLAT, ensuring uninterrupted project execution.

Major Relief for ճԹbuyers

The verdict is expected to bring long-awaited relief to affected homebuyers, many of whom have been awaiting possession of their homes for over a decade. The judicial endorsement strengthens confidence among stakeholders and paves the way for structured, transparent and time-bound completion of the projects.

Project Details

The 16 Supertech projects entrusted to ճԹ are spread across four states: • Uttar Pradesh – 12 projects • Uttarakhand – 1 project • Haryana – 2 projects • Karnataka – 1 project
Together, these projects comprise approximately 50,000 housing units, with an estimated construction cost of ₹9,445 crore, including statutory charges, fees and contingencies. ճԹ will execute the projects strictly as PMC, without assuming any financial liability.

ճԹ’s Proven Track Record

ճԹ (India) Limited has established itself as a trusted executor of complex and distressed real estate projects. A notable example is its role in the completion of projects of the erstwhile Amrapali Group, where ճԹ was entrusted with execution by the Hon’ble Supreme Court of India. To date, ճԹ has completed over 30,000 housing units under the Amrapali projects, reflecting its strong project management capabilities, execution discipline and stakeholder coordination.

Commitment to National Priorities

Through its continued involvement in resolving stalled housing projects, ճԹ remains committed to supporting key government initiatives such as Housing for All, restoring homebuyer confidence and contributing to the broader vision of Developed India @ 2047, as envisioned by the Hon’ble Prime Minister of India.
ճԹ will finalise its execution roadmap upon the uploading of the detailed order and proceed in accordance with judicial directions, ensuring quality, sustainability, and timely delivery.
nextgem
09 Feb 2026

ճԹ Certified as a 'Great Place to Work' for the Sixth Time

ճԹ (India) Ltd. is honored to be Certified™ as a "Great Place to Work" for the Sixth time by the Great Place to Work® Institute, India. This recognition reaffirms ճԹ’s commitment to fostering a high-performance workplace culture. The certification is valid from February 2026 to February 2027, reflecting the trust, collaboration and excellence that define the ճԹ work environment.
As part of its continuous improvement efforts, ճԹ participated in an organizational assessment survey conducted by the Great Place to Work® Institute. This survey provided valuable insights to enhance workplace practices and contribute to ճԹ’s consideration for the prestigious annual Best Workplaces List.
ճԹ extends its appreciation to its employees for their dedication and contributions in making the organization a great workplace.
05 Feb 2026

ճԹ Signs Agreement with Kendriya Vidyalaya Sangathan for PAN India Construction and Renovation Projects

ճԹ (India) Limited signed an agreement with Kendriya Vidyalaya Sangathan (KVS) on 02 February 2026 for undertaking construction, replacement, renovation, and repair works of Kendriya Vidyalayas across PAN India. The agreement marks a significant step towards strengthening and modernizing educational infrastructure in the country.
Under the agreement, ճԹ will provide Project Management Consultancy (PMC) services on a Deposit Work basis for comprehensive construction and infrastructure development activities at KVS schools located across various zones of the country. The project aims to enhance learning environments through systematic upgradation and development of school infrastructure, aligned with national education objectives.
The scope of ճԹ’s PMC services includes taking over and maintaining site possession free from encumbrance until project completion, preparation of Detailed Project Reports supported by comprehensive surveys, drawings, and estimates, preparation of composite detailed estimates based on ground realities prior to tendering and obtaining requisite approvals from KVS. ճԹ will also coordinate with State and Union Territory authorities for statutory and land-related clearances, ensure adherence to PWD specifications, KVS norms, and prescribed quality standards, and monitor project progress through regular reporting mechanisms.
To ensure transparent and efficient project delivery, ճԹ will maintain comprehensive documentation including milestone charts, progress reports, and quality assurance records. Qualified engineers and technical personnel will be deployed for effective supervision, monitoring, and timely execution of the works.
This agreement reinforces ճԹ’s commitment to nation-building through the development of critical educational infrastructure and reflects the Company’s core strengths in institutional construction and professional project management. The partnership with Kendriya Vidyalaya Sangathan demonstrates ճԹ’s capability to manage large-scale, geographically diverse projects while maintaining the highest standards of quality, efficiency, and timely execution, thereby contributing meaningfully to the development of social infrastructure across India.
nextgem
02 Feb 2026

DDA and ճԹ Extend Strategic Partnership for Bharat Vandana Park, Dwarka

• Supplementary MoU reinforces commitment to world-class visitor experience, seamless operations and timely project completion

The Delhi Development Authority (DDA) and ճԹ (India) Limited formalised the signing of a Supplementary Memorandum of Understanding (MoU) on 30.01.2026 to extend the original agreement under which ճԹ continues as the Project Management Consultant (PMC) for the development of Bharat Vandana Park, Sector-20, Dwarka.
Under the extended arrangement, ճԹ has also been entrusted with interim operations and maintenance (O&M) responsibilities, including the selection and onboarding of a dedicated O&M agency, to ensure smooth and efficient functioning of the park during its phased opening to the public. ճԹ will provide comprehensive implementation support for the initial two years post onboarding, which will include a one-year defect liability period, ensuring quality, safety and sustainability of assets.
The supplementary MoU underscores the shared vision of DDA and ճԹ to deliver a landmark urban green space with enhanced visitor amenities, robust safety arrangements and efficient operational management. The continued collaboration reflects a strong institutional commitment towards timely completion of the remaining development works and maintaining high standards of public infrastructure.
Bharat Vandana Park is envisioned as a unique recreational and cultural destination, celebrating India’s diversity while offering a world-class experience to citizens and visitors alike. The renewed partnership between DDA and ճԹ marks a significant step towards realising this vision and ensuring the park’s long-term operational excellence.
nextgem
28 JAN 2026

ճԹ CELEBRATES 77TH REPUBLIC DAY


ճԹ celebrated 77th Republic Day at World Trade Center, New Delhi with much ardour and patriotism. The celebration commenced with unfurling of the National Tricolour by Shri K.P. Mahadevaswamy, CMD, ճԹ in the presence of Shri Anjeev Kumar Jain, Director (Finance), senior officers and employees. This was followed by singing of National Anthem.
CMD, ճԹ while addressing the gathering, highlighted the sacrifices made in gaining independence and stressed on continuing to work with dedication and sincerity for contributing towards building a Viksit Bharat. He also stressed on the importance of timely completion of projects maintaining the highest standards of quality and safety. He also reaffirmed our commitment to the Constitution of India on the 77th Republic Day.
The address concluded with three zestful chants of 'Jai Hind!', 'Bharat Mata ki Jai!' and 'Vande Matram’.
12 JAN 2026

ճԹ Achieves ‘Excellent’ Rating in MoU Evaluation 2024-25


Reinforces Commitment to Quality and Sustainability
ճԹ (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, Government of India, has achieved ‘Excellent’ rating for 2024-25 in its MoU evaluation , with 97.58 marks reaffirming its strong performance in project execution, quality standards, sustainability practices, and corporate governance. ճԹ had also achieved Excellent rating in previous MoU evaluation for the year of 2023-24 also.
The consecutive ‘Excellent’ ratings reflect ճԹ’s consistent track record in the successful delivery of complex and large-scale projects across redevelopment, Project Management Consultancy (PMC), real estate development, and overseas assignments . The Company has demonstrated excellence through timely completion of projects, adherence to safety and quality benchmarks, and the adoption of environmentally responsible construction practices.
ճԹ continues to play a pivotal role in flagship Government initiatives, particularly in redevelopment of government housing and office complexes, contributing significantly to planned urban development and the vision of a Viksit Bharat. Emphasis on green building norms, resource efficiency, and use of modern construction technologies remains central to ճԹ’s project philosophy.
The achievement underscores the dedication and professionalism of ճԹ’s workforce and reflects the confidence reposed by stakeholders, clients, and partner agencies in the Company’s capabilities.
With a robust order book and strategic focus on redevelopment, PMC works, PSU land monetisation, real estate development, and overseas expansion, ճԹ remains well-positioned to contribute meaningfully to India’s infrastructure and urban transformation journey.
01 JAN 2026

ճԹ Successfully Conducts E-Auction for Bulk Sale of Residential Units at Aspire Leisure Valley, Gr. Noida and Silicon City Projects, Noida


• The auction realised a total sale value of Rs 1045.40 crore calculated at highest bid rate
• Total sale value achieved across 8 nos. e-auctions calculated at highest bid rate amounts to around Rs. 11,720 Crore
ճԹ (India) Limited has successfully concluded the e-auction of 417 residential units with a saleable area of 13.12 lakh sq,ft. at Aspire Leisure Valley ( 2 towers – 306 flats) , Greater Noida (West), Uttar Pradesh and Aspire Silicon City ( 1 tower - 111flats), Phase-IV, Sector-76, Noida, Uttar Pradesh.The e-auction resulted in a total sale value of approximately Rs. 1,045.40 crore, reflecting strong market response and bids received above the reserve price. The high-stakes auction received an overwhelming response with bids well above the reserve price. The funds will go towards repayment of bank loans as well as reducing the funding requirement of ongoing projects.
A project monitored by the Hon'ble Supreme Court, these projects have state-of-the-art facilities and strategic location making it a popular investment opportunity. This sale will prove to be a milestone in completing the stalled Amrapali projects and will fulfil the dream of many homebuyers to own a home.
Till date, e-auctions have cumulatively resulted in the sale of 5671 units across new FAR projects of Amrapali (Aspire Golf ճԹs, Aspire Centurion Park, Aspire Dream Valley, Aspire Leisure Park, Aspire Silicon City and Aspire Leisure Valley) with a total saleable area of 153.72 Lakh sq. ft. at a total highest bid value of Rs. 11,719.27 Crore
With this successful transaction, ճԹ has strengthened its position as a leading real estate developer in India and also holds the distinction of being the only PSU in this sector in India and has set a new benchmark for transparent and competitive property sales through a digital platform. It is believed that the success of this e-auction will further boost investor confidence in the sector and establish ճԹ as a leader in the execution of distressed asset projects and bring relief to thousands of affected home buyers of Noida/Greater Noida (West), Uttar Pradesh.
26 DEC 2025

ճԹ, Govt.of NCT of Delhi reach breakthrough settlement


• To develop a 21.23-acre prime land
• Landmark mixed use project to be developed by ճԹ
In a recent development, a settlement has been reached between ճԹ (India) Limited and Govt. NCT of Delhi to resolve the long pending litigation regarding a land admeasuring 42,46 acres in Sultanpur/Ghitorni village. The settlement details have been issued vide Minutes of Meeting /Resolution of the meeting chaired by Hon’ble Lt. Governor, Delhi. Following the settlement, ճԹ set to develop a 21.23-acre prime land parcel in Ghitorni, South Delhi, after receiving long-awaited approval from the Hon’ble Lieutenant Governor, Delhi and the Delhi Government, officially resolving years of litigation and administrative dispute over the property.
As per the settlement, the total 42.46-acre Ghitorni land will be equally divided between ճԹ and GNCTD, resulting in a 21.23-acre share for ճԹ. ճԹ is to pay a one-time land premium of ₹135 crore and a lump-sum interest of ₹15 crore (totalling ₹150 crore) to the Land Building Department, GNCTD, to resolve dues relating to its share of the land. ճԹ shall pay arrears of ground rent @ 2.5% per annum from 2006 on the said premium. The total amount for the above shall be approximately Rs 220 crore. ճԹ shall also transfer to GNCTD the ground rent and premium received by it for land utilized by NBO (2.5 acres) and DMRC (12.45 acres) till 2025.ճԹ will reimburse ₹2.82 crore towards premium paid by DMRC and any premium received from NBO for portions of land already transferred.
On receipt of full payment, GNCTD will execute a perpetual lease deed for 21.23 acres in favour of ճԹ. The approved terms will grant ճԹ development rights in accordance with the Master Plan for Delhi (MPD-2021), permitting sub-leasing and mixed-use development under city zoning. The settlement will be submitted before the Hon’ble High Court of Delhi and ճԹ shall file an application for withdrawal of WPC.
The development by ճԹ in its allotted settlement area is expected to result in Built up area of around 4.45 lakh sq. m, which in turn is expected to generate a revenue in the range of Rs. 8500 Crore ճԹ management has highlighted the significance of ending a protracted dispute and securing land for landmark infrastructure and redevelopment. This breakthrough marks a decisive chapter in ճԹ’s legacy, enhancing its capacity to deliver premier projects in Delhi, fostering collaborative governance, and unlocking valuable urban land for sustainable growth.
nextgem
24 DEC 2025

ճԹ and The Board of Mumbai Port Authority sign MoU for Planned Development in Mumbai


• In principle approval from Mumbai Port Authority for taking up various projects
• Collaboration to promote Sustainable Urban Growth and Infrastructure Development
Marking a transformative milestone in urban infrastructure development, ճԹ (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, has signed an MoU with the Board of Mumbai Port Authority (MbPA) on 23.12.2025 for development of CGO Complex at Mumbai Port’s land (approx.. 25 acres) near Cotton Green Depot, Mumbai. ճԹ will look after the execution of the work from Concept to commissioning.
The MoU was signed by the Shri Adesh Titarmare, IAS Dy. Chairperson, Mumbai Port Authority (MbPA) and the Shri K.P.Mahadevaswamy, Chairman and Managing Director of ճԹ (India) Limited in the presence of sr. officials from both the organisations.
Further, in addition to CGO Complex, Mumbai Port Authority has accorded in-principle approval to ճԹ for taking up various other projects like
• Construction of International Convention Centre
• Construction of Iconic Building
• Construction of Multilevel Car parking
• Maintenance of Building, Sheds, Wharfs, Storage area, Roads, etc
The MoU marks the beginning of a strategic collaboration aimed at planned redevelopment, asset monetisation and creation of world-class infrastructure, aligned with the Government of India’s vision for sustainable urban transformation. Under this partnership, ճԹ will leverage its proven expertise in project management, redevelopment and infrastructure execution, while MbPA will facilitate the optimal utilisation of port land assets.
This MoU reinforces ճԹ’s growing role as a nation builder and trusted development partner, and underscores Mumbai Port Authority’s resolve to unlock the true potential of its land assets in line with modern urban planning principles. The partnership is poised to set new benchmarks in urban redevelopment and infrastructure-led growth, strengthening India’s journey towards sustainable and inclusive cities.
nextgem
24 DEC 2025

ճԹ EXPANDS ITS REAL ESTATE FOOTPRINTS INTO DUBAI


• First Central Public Sector Undertaking (CPSU) to launch itself as a real estate developer in Dubai
ճԹ (India) Limited has taken a big step in international real estate by starting its overseas real estate operations in Dubai through ճԹ Overseas Real Estate LLC (wholly owned subsidiary).
The ճԹ Overseas Real Estate LLC purchased a prime land parcel in Dubai Mainland for AED 16 million, including AED 1 million paid to DLD, broker, and other charges, for a mixed-use development. The project has GFA of 51718 Sqft and configuration of G+2P+8 floors with an expected revenue from the project around AED 58-60 million
ճԹ’s management acted proactively, leveraging its strong brand position and smart pricing, this will mark a key milestone in the company’s growth. ճԹ has achieved a milestone in the domestic real estate market by taking over stalled Amrapali projects under the direction of Hon’ble Supreme Court of India and delivering relief to thousands of homebuyers. Out of its mandate of around 38,000 units, ճԹ has already completed close to 30,000 units. It is also advancing the development of unused floor area ratio (FAR) from these projects, by launching additional 8200 units.
Earlier, ճԹ successfully completed the India Pavilion at Dubai South for World Expo 2020, valued at around AED 172 million (about USD 46.8 million). This project highlighted Indian excellence on a global stage. This Dubai move strengthens ճԹ’s global presence and opens new growth opportunities.
nextgem
20 DEC 2025

ճԹ Delivers World-Class Global Health Landmark: Redeveloped WHO–SEARO Headquarters Inaugurated

The redeveloped headquarters of the World Health Organization – South-East Asia Regional Office (WHO–SEARO) at Indraprastha Estate, New Delhi, was inaugurated on 19th December 2025 by Shri Narendra Modi, Hon’ble Prime Minister of India and Dr Tedros Adhanom Ghebreyesus, DG, WHO, during the closing ceremony of the 2nd WHO Global Summit on Traditional Medicine held from 17th–19th December 2025, New Delhi. The inauguration was done in the august presence of Shri J. P. Nadda, Hon’ble Minister for Health & Family Welfare and Chemicals & Fertilizers and Shri Prataprao Jadhav, Hon'ble Minister of State (Independent Charge), Ministry of Ayush & Hon'ble Minister of State, Ministry of Health and Family Welfare along with senior officers of Ministry of Health & Family Welfare, Ministry of Ayush and WHO. The inauguration marked a significant milestone in India’s commitment to global public health and its leadership in integrating traditional knowledge systems with modern healthcare.
Executed by ճԹ (India) Limited, India’s premier Navratna CPSE, the landmark redevelopment stands as a testament to the country’s capability to deliver world-class institutional infrastructure of international importance, combining modern design, sustainability and heritage conservation. The redevelopment has transformed the original 1962 structure into a modern, future-ready and sustainable institutional complex, aligned with global standards. Apart from housing the WHO-SEARO office, the building will also play host the India Country Office.
Dignitaries including Dr. Tedros Adhanom Ghebreyesus, DG, WHO, Shri J. P. Nadda, Hon’ble Minister for Health & Family Welfare and Chemicals & Fertilizers and Shri Prataprao Jadhav, Hon'ble Minister of State (Independent Charge),Ministry of Ayush & Hon'ble Minister of State, Ministry of Health and Family Welfare, senior officials and foreign delegates also visited the redeveloped headquarters of WHO–SEARO after its inauguration.
The project was implemented following an MoU signed in January 2019 between ճԹ (India) Limited and the Ministry of Health & Family Welfare, representing WHO–SEARO. Built on the same plot where its original building stood, ճԹ has successfully optimised land use to achieve a fourfold increase (from earlier about 10,500 sq.m. to now 40,500 sq.m.) in built-up area and nearly double the occupancy capacity (to more than 600 now), ensuring the facility can support both present and future needs of the region. The newly redeveloped WHO–SEARO complex comprises a high-rise office development with a common podium and three interconnected towers, rising to a height of about 82.7 metres. Designed to facilitate high-level international meetings, policy deliberations and administrative functions, the complex seamlessly blends functionality with comfort and aesthetics. The project also includes three-level basements with an area of approximately 13,800 square metres, providing space for building services and parking. Sustainability has been a core focus of the redevelopment. The complex incorporates rainwater harvesting, water treatment and reuse systems, energy-efficient lighting and HVAC systems and a 100 kW rooftop solar photovoltaic installation. In addition, drip irrigation systems and native plant species with low water demand have been used for landscaping, reinforcing long-term water conservation and environmentally responsible site development.
Key facilities include a spacious double-height entrance lobby, 200-seat auditorium and conference hall, modern office spaces, mezzanine floors with pantry provision on each office floor, staff cafeteria, breakout areas, terrace gardens, gymnasium and advanced vertical transportation systems. Heritage elements from the old building, including a monumental mural painted in 1963 by legendary artist M.F. Husain, just a year after the original WHO–SEARO building and Portuguese tile murals, have been carefully restored and integrated into the new structure, preserving its historical and cultural legacy. The redeveloped WHO–SEARO building stands today as a symbol of India’s infrastructure excellence and commitment to global public health leadership. By delivering this iconic project, ճԹ (India) Limited has once again demonstrated its expertise in executing complex, high-value projects with precision, sustainability and global relevance, creating a modern hub that will support health initiatives benefiting millions across South-East Asia.
nextgem
19 DEC 2025

ճԹ to power the Next Leap of IIM Sambalpur with World-Class, 5-Star Green Campus Expansion
• Phase-II campus to be developed at a cost of Rs.180cr. approximately

ճԹ (India) Limited has been entrusted with the Phase–II infrastructure development of the permanent campus of the Indian Institute of Management (IIM) Sambalpur, Odisha. ճԹ has already executed the Phase-I infrastructure development IIM Sambalpur, which was inaugurated on 03.02.2024 by Hon’ble Prime Minister of India, Shri Narendra Modi. The Phase-II development is expected to be at a cost of Rs.180cr. approximately. The ambitious Phase–II development envisions a future-ready, integrated academic and residential ecosystem, blending cutting-edge technology, sustainability and world-class campus planning. The project includes construction of a G+2 Academic Block with advanced classrooms and faculty cabins, supported by seven hostels six G+5 and one G+3 designed for single and double occupancy, ensuring modern, comfortable living for students.
Strengthening campus life beyond academics, the development features a Mess & Dining Block, Sports Complex, Central Store and a Cricket Field equipped with High Mast Lighting. Elevating the campus experience further, the scope also includes a 4-hole Golf Course, Swimming Pool, Greenhouse, Organic Farming & Nursery facilities, pond development and beautification, and extensive site development works, including a peripheral road along the campus boundary. The project integrates robust core infrastructure such as an Underground Water Tank (UGT), a 100 KLD Sewage Treatment Plant (STP), and a 2000 KVA, 33/0.433 KV Substation with Control Room, ensuring reliability, efficiency, and long-term operational resilience.
Designed to achieve a prestigious GRIHA 5-Star rating, the campus will stand as a benchmark in sustainable institutional development. BIM-based monitoring will be deployed throughout execution to drive precision, efficiency and transparency in project delivery.
ճԹ’s scope further encompasses end-to-end electrical systems, earthing and lightning protection, VRV/VRF-based HVAC solutions, plumbing and sanitary installations, and comprehensive fire safety systems, all seamlessly integrated through a state-of-the-art Integrated Building Management System (IBMS).
Upon completion, the Phase–II infrastructure will deliver a smart, sustainable, and globally competitive campus, strengthening IIM Sambalpur’s academic vision while showcasing ճԹ’s unmatched expertise in executing complex, high-impact educational infrastructure projects across the country
nextgem
12 DEC 2025

ճԹ Conducts Bhoomi Poojan for ₹196.98 Crore Infrastructure Development at Central University of Haryana, Mahendergarh
• A major leap toward creating a modern, sustainable and research-driven academic destination in Mahendergarh

ճԹ (India) Limited today conducted the Bhoomi Poojan Ceremony for the development of infrastructural facilities and related works at the Central University of Haryana (CUH), Mahendergarh. The project, valued at ₹196.98 crore, has been entrusted to ճԹ on a Design, Engineering, Procurement and Construction (EPC) basis. The ceremony was attended by Prof. Tankeshwar Kumar, Hon’ble Vice Chancellor, CUH, Prof. Pawan Kumar Sharma, Pro Vice-Chancellor, Dr. Suneel Kumar, Registrar, Shri K.P. Mahadevaswamy, CMD, ճԹ, Shri Rajeev Kumar, Chief General Manager, ճԹ, senior officers of the University and officials from ճԹ.
Project Overview The development plan includes the construction of six major buildings with a total built-up area of 41,339 sqm. The facilities are designed to enhance the academic, research, and residential capacities of the University.
Major Components of the Project:- •School of Engineering & Technology Block: Smart classrooms, laboratories, faculty offices, and academic support spaces. •Lecture Hall Complex: A cluster of 16 modern lecture halls behind the existing Academic Block–I. •Central Instrumentation Centre: Dedicated facility for advanced research instrumentation and analytical work. •Computer Centre Building: Centralised IT hub for academic computing and e-governance services. •Girls’ Hostel (630 Capacity): Secure and well-equipped residential block with modern amenities.
Sustainability Features:- The project incorporates solar power systems and green construction practices. It targets a minimum GRIHA 3-Star rating for energy efficiency and environmental sustainability.
Impact:- The new infrastructure will significantly strengthen the University’s academic ecosystem and support its mission of promoting excellence in higher education. The facilities will contribute to improved learning environments, advanced research capabilities, and enhanced residential amenities for students.
nextgem
08 DEC 2025

State-of-the-Art Club House at Heart Beat City, Noida inaugurated

The newly constructed Club House-cum-Community Centre at Heart Beat City, Sector-107, Noida was inaugurated by Hon’ble Chief Guest, Shri R. Venkataramani, Attorney General for India & Ld. Court Receiver for Amrapali projects, in the august presence of Shri Ravi Bhatia and Shri D.K. Mishra, Court Committee Members, Shri K.P. Mahadevaswamy, CMD, ճԹ, Dr. Suman Kumar, Director (Commercial), ճԹ, office bearers of Apartment Owner’s Association of Heart Beat City, senior officers of ճԹ and residents of the society.
The Club House-cum-Community Centre stands as a testament to ճԹ’s commitment to delivering fully serviced, community-centric residential ecosystems. The facility has been developed as part of the construction of a Club House-cum-Community Centre with a swimming pool for the Heart Beat City residents.
Spread across 5,200 sqm of built-up area, the Club House is a G+2 structure equipped with three lifts (two passenger and one service). It offers a comprehensive suite of amenities such as a 400-sqm Community Hall with a capacity of 350–400 persons, a squash court, crèche, kitchen and multi-purpose hall. The first floor houses a well-equipped gym along with yoga and aerobics rooms, while the second floor includes six guest rooms, a library, indoor games area, reception, kitchen-cum-restaurant and an open terrace.
During the occasion, residents acknowledged the efforts of the Ld. Court Receiver Committee and ճԹ team in bringing this Club House to the service of the residents of Heart Beat City. Designed as a vibrant social and recreational hub, the Club House significantly enhances the living experience of the residents, fostering community engagement and offering high-quality lifestyle amenities. ճԹ has successfully completed all units of Heart Beat City, Noida as a part of its mandate after taking over the execution of the erstwhile Amrapali Projects under the guidance of Ld. Court Receiver and Committee members.
24 NOV 2025

ճԹ (India) Ltd and NMRDA Sign Agreement for Integrated Development of 1,710-Acre Naveen Nagpur Project

• • Development of more than 1700 acres
•Project Valued at Rs 2966 Cr,
ճԹ (India) Limited, a Navratna Central Public Sector Enterprise under the Ministry of Housing & Urban Affairs (MoHUA), Government of India, has signed a formal Agreement with the Nagpur Metropolitan Region Development Authority (NMRDA) for the development of the Naveen Nagpur Project, an ambitious and integrated township spread across approximately 692 hectares (1,710 acres).
The Agreement is in continuation of the Memorandum of Understanding (MoU) signed on 8 September 2025, through which ճԹ has been appointed as the Executing and Implementing Agency as well as the Project Management Consultant (PMC). The first phase of the project is valued at an estimated 2966 crore and marks the beginning of one of the largest planned urban development initiatives in the region.
The Naveen Nagpur Project envisions a modern, sustainable, and future-ready urban ecosystem that will include residential, commercial, institutional and social infrastructure. ճԹ will take the lead in preparing the Detailed Project Report (DPR), undertaking financial feasibility studies, coordinating architectural and engineering designs, managing tendering processes, overseeing the construction programme, and ensuring the delivery of world-class infrastructure. The planning and execution approach will focus heavily on quality, safety, sustainability and inclusivity, with all construction adhering strictly to statutory norms and green development principles.
Inorder to ensure smooth progress and timely approvals, an Empowered Committee is being constituted under the Chairmanship of the Metropolitan Commissioner, NMRDA. The Committee will include senior representatives from both ճԹ and NMRDA and will be responsible for examining and approving plans, reviewing deviations, resolving issues, monitoring timelines, and overseeing overall project performance. The Committee’s findings will be reported periodically to the Steering Committee of the Government of Maharashtra
With this Agreement, both organisations have taken a significant step toward shaping a transformative urban landscape for Nagpur. The project is expected to contribute meaningfully to the city's long-term growth vision by introducing advanced infrastructure, improved mobility systems, modern urban amenities, and a strong emphasis on environmental stewardship. ճԹ’s extensive experience in delivering large-scale government infrastructure projects across India and abroad will play a crucial role in ensuring the timely and efficient execution of this landmark development. The construction work is planned to be completed within three years, with possible extensions up to five years’ subject to approval by the Empowered Committee.
nextgem
16 Nov 2025

ճԹ to Power a New Ghaziabad: Tulsi Niketan to Rise as a Modern Urban Landmark

Project valued at over Rs 640 Crore
The Tulsi Niketan Scheme Area, spread across more than 78,000 square metres and comprising close to 2300 residential units and 64 shops, will undergo a complete redevelopment based on a self-sustainable model. It is proposed to fund this redevelopment by commercially utilising certain part of the area.
As part of this partnership, ճԹ will initiate a detailed feasibility study, while GDA will provide all necessary land documents, site details, and administrative support for due diligence. Upon approval of the feasibility, ճԹ will take up the role of the implementing agency and will be responsible for the entire redevelopment process, including planning, design, construction, financial management, marketing and sale of built-up areas, and resettlement of existing occupants.
All project revenues will be managed through a jointly operated escrow account to ensure complete transparency in fund flow and utilisation. Oversight of the project will be carried out by an Empowered Committee composed of officials from both GDA and ճԹ, which will monitor progress, approve designs and estimates, and guide the project from planning to execution..
Rehabilitation and resettlement of current beneficiaries will be undertaken in a structured and time-bound manner, with GDA providing verified beneficiary lists and ճԹ managing the on-ground implementation. The redevelopment of Tulsi Niketan aims to transform the area into a modern, well-planned, and future-ready residential complex equipped with improved infrastructure, enhanced facilities, and a sustainable urban environment. With this MoU, ճԹ and GDA reaffirm their commitment to driving quality infrastructure development and improving the standard of living for citizens.
ճԹ has been a pioneer in the space of redevelopment on self-sustainable mode. After successfully completing New Motibagh and East Kidwai Nagar GPRA projects, it is also executing the redevelopment of Sarojini Nagar and Netaji Nagar in New Delhi. The redevelopment of Nauroji Nagar has been completed and the world class World Trade Center in Nauroji Nagar was inaugurated early this year by Hon’ble Prime Minister of India, Shri Narendra Modi. ճԹ is already working on various redevelopment/development projects in Goa, Jammu and Kashmir, Kerala, Rajasthan. ճԹ has also partnered with prominent Public Sector Undertakings (PSUs) for redevelopment/monetisation projects.
nextgem
16 Nov 2025

ճԹ CELEBRATES ITS 66th FOUNDATION DAY

Coffee Table Book “Punah Rachna” by the company released
ճԹ (India) Limited celebrated its 66th Foundation Day on 15th November 2025 at Bharat Mandapam, New Delhi. The event was graced by Shri K.P. Mahadevaswamy, CMD, ճԹ, Shri Saleem Ahmad, Director (Projects), Dr. Suman Kumar, Director (Commercial), Anjeev Kumar Jain, Director (Finance), Government nominee Directors, Shri Sanjeet and Shri Ravi Kumar Arora, Independent Directors, Prof. Bhimrao Panda Bhosale, Shri Rajeev Kumar, Dr. Deepak Singh, Shri Vishal Puri , Smt. Ritu Pande, CVO, ճԹ, senior officials of the Ministry & ճԹ, invited guests, employees and families of employees
Shri Manohar Lal, Hon’ble Union Minister for Housing and Urban Affairs & Power, Shri Tokhan Sahu, Hon’ble Minister of State, Housing & Urban Affairs, Shri Srinivas Katikithala, Secretary, Housing & Urban Affairs conveyed their best wishes and greetings through virtual mode.
The foundation day programme started with the playing of National Song “Vande Mataram” as a part of year-long commemoration of 150 Years of the National Song. The audience joined in chorus by singing the lines of the National Song
On this occasion, a Coffee Table Book “Punah Rachna”, reflecting re-creation and innovation, and featuring ճԹ’s key redevelopment projects was released. The publication chronicles ճԹ’s transformative redevelopment journey across India, highlighting its landmark contribution in reshaping New Delhi’s urban landscape through the redevelopment of seven GPRA colonies executed under a financially self-sustaining model.
The book also showcases major redevelopment initiatives across the country along with turnaround of Amrapali (now Aspire) projects, the Karkardooma TOD development, Bharat Mandapam and international accomplishment of 2,000-unit mass housing project in Maldives.
As part of the Foundation Day celebrations, ճԹ also felicitated around 30,000 shramjeevis working across its project sites nationwide. This initiative underscores ճԹ’s commitment to the welfare and dignity of construction workers.
Hon’ble Minister, Shri Manohar Lal in his message extended his best wishes to ճԹ on its foundation day and said that in its journey spanning over six decades the company has made remarkable contributions to nation-building, urban development and the creation of modern infrastructure. He further conveyed that the company’s major projects underway in India and abroad stand as an excellent testament to its technical expertise, transparency and timely execution.
Hon’ble Minister of State, Shri Tokhan Sahu while conveying his greetings to ճԹ through virtual mode said that ճԹ through its journey has grown from an ordinary start to an inspirational organisation. He further went on to say that under the leadership of Shri Narendra Modi, Hon’ble Prime Minster of India, the government is looking to build a sustainable, modern and future ready Bharat and ճԹ’s achievements echo this sentiment.
Secretary, Shri Srinivas Katikithala through his video message conveyed that ճԹ has not only grown as an industry leader, but has also played a pivotal role in building the infrastructure that powers the growth of towns and villages into robust cities across India. He further went on to say that he looks forward to a future where ճԹ's role in India's infrastructure development becomes more and more significant and its expertise in urban planning, construction and sustainable development will be a driving force in shaping India's urban future.
Speaking on the occasion, Shri K. P. Mahadevaswamy, CMD, outlined the company’s recent achievements and its contribution to India’s development journey. He further went on to affirm the commitment of the company to further greater heights and contribute to Viksit Bharat @ 2047 vision.
The celebration featured cultural performances by inhouse cultural Committee “Umang”, including a ramp walk, Bollywood mash-up and dance performances by ճԹ employees. The event concluded with a captivating musical performance by renowned Indian music composer and singer Amit Trivedi, which enthralled the audience.
13 Nov 2025

ճԹ FINANCIAL RESULTS FOR Q2 & HY1 OF FY 2025-26

Records upward growth in Operational Income, PAT and PBT
ճԹ reports upward growth in PBT by 35.44% and PAT by 39.49% on Standalone basis whereas on Consolidated basis, PBT by 23.42% and PAT by 25.22%, for the quarter ended 30.09.2025.
The Board of Directors in the meeting held on Thursday i.e. November 13, 2025 approved the financial results of the company for the quarter & half year ended on 30.09.2025.
Company reported standalone income from operations of Rs. 2093.52 Cr. for Q2 FY 2025-26 compared to Rs. 1851.90 Cr. for Q2 FY 2024-25. Standalone income from operations for HY1 FY 2025-26 stood at Rs. 3748.98 Cr. compared to Rs. 3479.24 Cr. for HY1 FY 2024-25.
Company reported consolidated income from operations of Rs. 2910.20 Cr. for Q2 FY 2025-26 compared to Rs. 2445.73 Cr. for Q2 FY 2024-25. Consolidated income from operations for HY1 FY 2025-26 stood at Rs. 5301.38 Cr. compared to Rs. 4588.26 Cr. for HY1 FY 2024-25.
For the quarter ended 30.09.2025, ճԹ reports upward growth in PBT by 35.44%, from 156.02 Cr. to Rs. 211.31 Cr. and PAT by 39.49% from Rs. 123.70 Cr. to Rs. 172.55 Cr. on Standalone basis whereas on Consolidated basis, PBT rises by 23.42%, from Rs. 165.90 Cr. to Rs. 204.75 Cr. and PAT by 25.22% from Rs. 125.13 Cr. to Rs. 156.69 Cr.
For the half year ended 30.09.2025, ճԹ reports upward growth in PBT by 33.85%, from 272.27 Cr. to Rs. 364.44 Cr. and PAT by 36.28% from Rs. 210.32 Cr. to Rs. 286.63 Cr. on Standalone basis whereas on Consolidated basis, PBT rises by 24.69%, from Rs. 309.74 Cr. to Rs. 386.20 Cr. and PAT by 25.56% from Rs. 232.33 Cr. to Rs. 291.72 Cr
Leveraging its solid order book and strategic thrust on Redevelopment and PMC projects, PSU land monetisation, stressed asset revival capabilities, real-estate initiatives and global expansion, ճԹ stands as a key enabler in India’s journey towards a Viksit Bhara@2047.
nextgem
10 Nov 2025

ճԹ (India) Ltd. Observes Vigilance Awareness Week 2025

ճԹ (India) Limited observed Vigilance Awareness Week 2025 from 27 October to 2 November 2025, reaffirming its commitment to promoting integrity, transparency and ethical conduct across the organisation. This year’s theme, “सतर्कताः हमारी साझा जिम्मेदारी” / “Vigilance: Our Shared Responsibility,” emphasised the importance of collective responsibility in shaping a corruption-free, accountable and responsible work culture.
Throughout the week, the Vigilance Division organised various activities designed to deepen awareness and engage employees meaningfully. Essay writing, slogan creation, extempore speech, online quiz, online courses through IGoT (Integrated Government Online Training), and drawing and painting activities were conducted to encourage employees to reflect on the importance of vigilance in daily work. A special drawing and painting competition was also organised for the children of ճԹ employees to introduce the values of honesty, fairness and responsibility at a young age.
The observance concluded with a Valedictory Session held on 4 November 2025 at the ճԹ Office, Nauroji Nagar, New Delhi, in the esteemed presence of the Shri K.P.Mahadevaswamy Chairman & Managing Director, Smt. Ritu Pande, Chief Vigilance Officer and Shri Saleem Ahmad Director(Project), Dr. Suman Kumar, Director (Commercial) and Shri Anjeev Kumar Jain, Director (Finance) of ճԹ. During the ceremony, certificates were presented to the winners of the various competitions, recognising their creativity, participation and understanding of the central theme. Officers and employees from across the organisation attended the event and reaffirmed their commitment to upholding transparency, accountability and integrity in all spheres of work.
ճԹ (India) Ltd. continues to uphold the principles of ethical governance and reaffirms its dedication to fostering a vigilant, responsible and corruption-free environment in line with its core values and national priorities.
10 Nov 2025

ճԹ Powers Ahead with Rs.350 Crore Defence Infra Project at Avadi

• A major win under the Ministry of Defence, the project cements ճԹ’s leadership in executing mission-critical, future-ready infrastructure for India’s strategic establishments.
In a landmark achievement reaffirming its dominance in defence and public infrastructure development, ճԹ (India) Limited, a Navratna Central Public Sector Enterprise under the Ministry of Housing and Urban Affairs, Government of India, has secured a Rs.350crore Project Management Consultancy (PMC) assignment from the Heavy Vehicles Factory (HVF), a unit of Armoured Vehicles Nigam Limited (AVNL), Ministry of Defence, located at Avadi, Chennai.
The assignment, awarded through a highly competitive Quality-cum-Cost Based Selection (QCBS) process, covers the design, engineering and management of major capital civil works that will bolster the nation’s defence manufacturing capabilities. ճԹ will serve as the Project Management Consultant for the construction and development of critical facilities including the AVNL Corporate Office Complex, Ordnance Development Centre and Workshop, test track infrastructure to augment T-Series Tank overhaul capacity and residential quarters for AVNL personnel within the HVF and AVNL estates.
The project, with a total estimated value of Rs. 350 crore and a completion timeline of 36 months, will be executed in strict adherence to the highest quality, safety and sustainability standards. This engagement strengthens ճԹ’s position as a strategic partner in the Ministry of Defence’s infrastructure modernization drive, bringing in advanced project management techniques, modern design innovation and green-building integration.
ճԹ’s selection under the QCBS system highlights its superior technical strength, consistent performance ratings and an exemplary record in delivering large-scale government and defence projects. With this milestone, ճԹ continues to expand its portfolio of mission-critical works from smart government buildings and institutional campuses to strategic facilities of national importance.
nextgem
10 Nov 2025

ճԹ EXPANDS GLOBAL FOOTPRINT WITH MAJOR MIDDLE EAST PUSH

Signs MoU with UAE’s Pantheon Development for Projects Worth Dh3 Billion
ճԹ (India) Limited, a Government of India Navratna enterprise and leading engineering and construction conglomerate, is pleased to announce the signing of a landmark broad framework Memorandum of Understanding (MoU) with Pantheon Elysee Real Estate Development LLC, a prominent real estate player based in Dubai, UAE. This partnership solidifies ճԹ’s commitment to strengthening its presence in the booming Middle East construction landscape.
The MoU was signed by Shri Pradeep Sharma, ED(Engg) and Mr. Ali Abusafieh, Legal Director, Pantheon Elysee Real Estate Development LLC in the presence of Shri K. P. Mahadevaswamy, CMD, ճԹ. Shri Saleem Ahmad, Director(Projects),ճԹ, Dr. Suman Kumar, Director (Commercial),ճԹ, Shri Anjeev Kumar Jain, Director (Finance), ճԹ and other senior officers from ճԹ and Pantheon.
Under the terms of the MoU, ճԹ and Pantheon will collaborate on the execution of high-quality residential, hospitality, and mixed-use real estate projects across the United Arab Emirates. The collaboration will leverage ճԹ’s six decades of engineering excellence and project management expertise alongside Pantheon’s robust local development portfolio.
ճԹ has to its credit successful completion of India Pavillion in Dubai for Dubai Expo 2020 value USD 46.8 million.
nextgem
06 Nov 2025

NճԹ (India) Limited set to take up projects in Australia

• Signs MoU with Goaldfields Australia Pty Ltd.
ճԹ (India) Limited, has signed a Memorandum of Understanding (MoU) with Goldfields Australia Pty Ltd, a leading real estate developer headquartered in Melbourne, to collaborate on real estate, infrastructure and redevelopment projects across Australia. The MoU was signed by Shri Pradeep Sharma, ED (BD), ճԹ and Shri Dr. Harsha Vardhan, Managing Director, MedAchievers Pvt. Ltd. (Exclusive & Official Partner of Goldfields Australia). The MoU was signed in the presence of Shri K.P. Mahadevaswamy, CMD, ճԹ and Mr. Marco Gattino, Managing Director, Goldfields Australia Pty Ltd along with Dr. Suman Kumar, Director (Commercial) and Shri Anjeev Kumar Jain, Director (Finance), ճԹ
The MoU establishes a framework for partnership between the two organizations to identify, develop and execute projects based on mutually agreed terms and structures. The collaboration aims to combine ճԹ’s internationally recognized expertise in construction, engineering, and project management with Goldfields’ extensive experience in developing residential apartments, build-to-rent projects, master-planned communities, hospitality, commercial office towers and mixed-use precincts in key Australian cities including Melbourne, Brisbane, and Perth. Under this understanding, ճԹ will initiate the process of opening a branch office in Australia in compliance with regulatory guidelines in both India and Australia. The branch office will facilitate the execution of joint projects, with Goldfields extending local support, coordination and liaison services with relevant authorities. MedAchievers Pvt. Ltd. will act as the exclusive partner and facilitator for Goldfields in India, managing all communication and documentation on its behalf.
The collaboration may initially include projects such as 88 Robertson Street in Fortitude Valley, Brisbane and the Shepparton Master planned Community in Victoria, along with other upcoming developments that will be mutually identified. For each project, Goldfields will act as the developer, bringing in design, technical and investment expertise, while ճԹ will participate as Joint Partner, Project Management Consultant, Engineering Procurement Construction Contractor, or Joint Development Partner, depending on the mutually agreed structure of each project.
The MoU will remain valid for five years and may be renewed upon mutual consent. Both organizations have agreed to maintain confidentiality over all data, financial information, and strategic project details shared under this partnership.
This partnership marks a significant milestone in ճԹ’s ongoing global expansion and reflects its commitment to strengthening India’s presence in international construction and real estate markets. With a strong portfolio of projects executed both in India and overseas, including those in the Maldives, Mauritius, Seychelles and Oman, ճԹ continues to demonstrate excellence in quality, innovation and timely delivery.
nextgem
06 Nov 2025

ճԹ Honoured with two 5-Star GRIHA Awards for its exemplary work in sustainable infrastructure development

Vanijya Bhawan and Kaushal Bhawan receive 5 star ratings during 17th GRIHA Summit
ճԹ (India) Limited, a Navratna Central Public Sector Enterprise under the Ministry of Housing and Urban Affairs (MoHUA), Government of India, has been honoured with two prestigious recognitions at the 17th GRIHA Summit held at the India Habitat Centre, New Delhi
The company received GRIHA 5-Star Ratings for its landmark projects — Vanijya Bhawan and Kaushal Bhawan. The rating awards in the form of shields were received from Shri Srinivas Katikithala, Secretary, Ministry of Housing and Urban Affairs by Shri K.P. Mahadevaswamy, Chairman and Managing Director, ճԹ, during the summit . ճԹ was also felicitated at the event for partnering with GRIHA. Extending his heartfelt congratulations to the GRIHA Council, Shri Mahadevaswamy commended the organisation for its unwavering contribution to promoting sustainability in India’s built environment.
ճԹ’s long-standing partnership with GRIHA is reflected in several of its hallmark projects, including the redevelopment of East Kidwai Nagar, New Delhi, AIIMS campuses at Nagpur and Kalyani executed through its subsidiary HSCC, and the Vigyan Bhawan Annexe Extension, New Delhi, which also holds a GRIHA 5-Star Rating. The Integrated Exhibition-cum-Convention Centre (IECC), Bharat Mandapam, venue of the G20 Summit 2023, was conferred a GRIHA 4-Star Rating for its exemplary sustainable infrastructure.
The company’s continued alignment with GRIHA standards reinforces our vision of contributing to India’s goal of achieving Net Zero by 2070.
With a growing portfolio of GRIHA-certified projects, ճԹ continues to lead the way in developing green, energy-efficient, and inclusive infrastructure that supports the nation’s transition towards a sustainable and climate-resilient future.
nextgem
30 SEP 2025

ճԹ AND HSCL HAND OVER DIVIDEND CHEQUE (S) OF ₹71.79 CRORE TO THE GOVERNMENT OF INDIA

 
ճԹ (India) Limited, a Navratna Central Public Sector Enterprise (CPSE), and its subsidiary Hindustan Steelworks Construction Limited (HSCL), a Miniratna CPSE under the Ministry of Housing & Urban Affairs (MoHUA), today presented dividend cheque (s) to the Govt. of India towards Final Dividend for FY 2024-25 and Interim Dividend for FY 2025-26
ճԹ contributed ₹23.34 crore as Final Dividend for FY 2024-25 and ₹35.01 crore as Interim Dividend FY 2025-26, while HSCL contributed ₹11.25 crore and ₹2.19 crore, respectively, towards Final Dividend for FY 2024-25 and Interim Dividend for FY 2025-26. In total, the two CPSEs have given cheques of ₹71.79 crore to the Govt. of India.
The dividend cheque(s) were formally presented to Shri Manohar Lal, Hon’ble Minister for Housing & Urban Affairs and Minister of Power, by Shri K.P. Mahadevaswamy, Chairman & Managing Director, ճԹ and Chairman, HSCL.
The occasion was attended by ճԹ’s Functional Directors – Shri Saleem Ahmad, Director (Projects), and Shri Anjeev Kumar Jain, Director (Finance), along with senior officials of ճԹ and HSCL.
nextgem
30 SEP 2025

NEW DHAKA COMPLEX HOSTEL CUM RESIDENTIAL COMPLEX BY ճԹ TO SET BENCHMARK IN SUSTAINABLE CAMPUS LIVING

 
ճԹ (India) Limited, in partnership with University of Delhi is set to begin work on the ambitious new Hostel cum Residential Block at the Dhaka Complex. This landmark project, with a sanctioned cost of more than Rs.370 crore under the Institution of Eminence initiative, promises to transform campus living by combining advanced amenities, environment-friendly design and inclusive facilities for a thriving academic community.
The ceremonial Bhoomi Poojan, marking the initiation of this project, took place on September 29, 2025. The event saw the presence of several luminaries including Prof. Yogesh Singh, Hon’ble Vice Chancellor, University of Delhi, Dr. Vikas Gupta, Registrar, University of Delhi, Prof Balaram Pani, Dean of Colleges, Prof. Rajni Abbi, Director, South Campus, University of Delhi, Shri K.P. Mahadevaswamy, CMD, ճԹ, Shri Saleem Ahmad, Director (Projects), ճԹ, Shri Rajeev Kumar, Chief General Manager along with other sr. officers and distinguished guests from both organizations.
With a residential capacity for over 1,400 students across two dedicated blocks for boys and girls, the complex will offer a range of accommodation including single, triple, married en-suite and master apartments, catering to diverse residential needs. The building with a built-up area of approximately 70,000 square meters is set within a 7.28-acre site, featuring 20% greenscape and providing parking space for more than 400 vehicles. Aligned with the highest standards of sustainability, the complex achieves a 3-Star GRIHA green building rating, introducing rainwater harvesting, rooftop solar installation of 55 kWp, 10 EV charging stations and integrated solid and liquid waste management systems. Designed for holistic student development, the facility incorporates spacious dining halls, indoor recreation areas, libraries and computer rooms, laundry and utility services and separate amenities for faculty and married students.
The Hostel cum Residential Block at Dhaka Complex represents a landmark achievement in campus accommodation, establishing a new standard for student living in India while highlighting the shared commitment of the University of Delhi and ճԹ to innovation, sustainability, and the future of higher education.
nextgem
26 SEP 2025

ճԹ HOLDS 65TH ANNUAL GENERAL MEETING

 
ճԹ (India) Ltd the State-owned Navratna Enterprise Company is poised to capitalize on the increased impetus to infrastructure development by the Government. Shri K.P. Mahadevaswamy, CMD, ճԹ (India) Limited at the 65th Annual General Meeting (AGM) held at East Kidwai Nagar on 24.09.2025 highlighted the key achievements of the company during FY 24-25. He also showcased the various opportunities that the company is pursuing in both domestic and international sectors.
During the meeting, other members of ճԹ Board, viz., Shri Saleem Ahmad, Director (Projects), Shri Suman Kumar, Director (Commercial), Shri Anjeev Kumar Jain, Director (Finance) Government Nominee Directors Shri Sanjeet, Joint Secretary & Financial Advisor, Ministry of Housing and Urban Affairs, Government of India, Shri Ravi Kumar Arora, Joint Secretary (Land & Estates) and Independent Directors Shri Bhimrao Panda Bhosale, Shri Deepak Singh, Shri Rajeev Kumar, Shri Vishal Puri and Smt. Deepti Gambhir, Company Secretary, ճԹ were also present.
The Company posted a consolidated revenue of ₹12,038.57 crore, up 15.68% year-on-year, and a consolidated PAT of ₹557.42 crore, up 34.52%. On a standalone basis, revenue stood at ₹8,725.36 crore with PAT rising 38.26% to ₹476.11 crore. Its consolidated order book touched ₹1,20,533 crore, reaffirming ճԹ’s leadership in redevelopment, real estate, overseas ventures and PMC works.
Shri Mahadevaswamy, highlighted the achievements of the company for the FY 2024-25 during his address to shareholders. The key points in his speech included the following ; ճԹ declared its highest-ever dividend of ₹180.90 crore (@67%) and issued 90 crore bonus equity shares in the ratio of 1:2, underscoring its commitment to shareholder value creation. The Company secured new works worth ₹23,250 crore and achieved complete commercial sales at its flagship redevelopment projects — World Trade Centre, Nauroji Nagar (₹13,409 crore) and Downtown, Sarojini Nagar (₹1,391 crore), aggregating nearly ₹14,800 crore. Under the Amrapali mandate, ճԹ completed 25,500 housing units and initiated further sales expected to generate ₹2,353 crore.
Strengthening its global footprint, ճԹ is executing its largest-ever overseas EPC project — 2,000 social housing units in Hulhumale, Maldives, valued at $130 million. This landmark project, funded through EXIM Bank of India under the Government of India’s NEIA framework, stands as a symbol of India–Maldives cooperation. The recent inauguration of the project by the Hon’ble Prime Minister of India and the Hon’ble President of the Republic of Maldives reflects not only company’s strategic significance, but also ճԹ’s capability in delivering world-class, socially impactful infrastructure on the global stage.
The company has also expanded operations with a subsidiary in Dubai and is exploring new opportunities in Uzbekistan and the UAE.
Anchored in sustainability and digital transformation, ճԹ advanced green construction practices, adopted centralised project monitoring, and invested in workforce development through 90 training programmes. Its CSR interventions continued to make impact in education, healthcare, sanitation, renewable energy, and skill development.
The Company’s excellence was recognised with an ‘Excellent’ MoU rating from DPE, securing 2nd rank among all CPSEs and 1st in its sector with a record score of 98.50. Iconic projects such as Bharat Mandapam, Vanijya Bhawan, IIM Sambalpur and AIIMS Bilaspur earned prestigious GRIHA ratings, while awards in digital transformation and cybersecurity further validated ճԹ’s credentials.
Aligned with the vision of Viksit Bharat, ճԹ remains committed to creating sustainable, inclusive infrastructure and delivering long-term value for its stakeholders as a trusted arm of the Government of India.
While concluding, Shri Mahadevaswamy has expressed his heartfelt appreciation and gratitude to the Government of India, specifically the Ministry of Housing and Urban Affairs, Ministry of Finance, Department of Public Enterprises, DIPAM, SEBI, and Ministry of Corporate Affairs (MCA), as well as all other Central and State Government Agencies, C&AG of India, esteemed clients of ճԹ, valued customers, dedicated employees and stakeholders for their support and cooperation which has been instrumental in taking the Company forward on its journey of progress and success.
ճԹ continues to strive for excellence in its core business activities and is committed to provide utmost value to its shareholders.
nextgem
24 SEP 2025

ճԹ SET TO BEGIN CONSTRUCTION OF INSTITUTE OF EMINENCE (IOE), UNIVERSITY OF DELHI’S NEXT ACADEMIC LANDMARK

 
ճԹ (India) Ltd., a Navratna Central Public Sector Enterprise under the Ministry of Housing and Urban Affairs, proudly announces the commencement of construction of the Institute of Eminence (IoE) at the University of Delhi, North Campus, following a successful Bhoomi Poojan ceremony held on September 23, 2025.
The event was graced by Shri Yogesh Singh, the Hon’ble Vice Chancellor, University of Delhi, Dr. Vikas Gupta, Registrar, University of Delhi, Prof Balaram Pani, Dean of Colleges, Prof. Rajni Abbi, Proctor, University of Delhi, and Shri K.P. Mahadevaswamy, Chairman & Managing Director, ճԹ, Shri Saleem Ahmad, Director (Projects), ճԹ and Shri Rajeev Kumar, Chief General Manager along with dignitaries and officials from both organizations.
The Inter-disciplinary Academic, Administrative, and Research Building for the Institution of Eminence at Maurice Nagar, University of Delhi, will be developed by ճԹ on a 4.8 acre site at an approved cost of approximately Rs.330 crore. Conceived as a model for green and future-ready infrastructure, the project will exemplify best practices in sustainable institutional development.
Aiming for a 3-Star GRIHA rating, the facility will set a new benchmark for environmentally responsible construction in academic settings across India. The new Academic Building will have a built-up area of approximately 4.55 Lakh Sq. ft, comprising Basement +Ground +7 Floors with a building height of 35.5 mtrs approximately. The building will significantly enhance the campus facilities, increasing its capacity to 1800 students (Approx). The expanded infrastructure will also include Director & allied offices, 9 Lecture theater (100 Pax), 16 Nos Class rooms (65 Pax), 2 Nos Seminar Halls (150 Pax), a Modern Library, 6 Nos Multipurpose rooms, 75 no’s office space for teaching staff, 16 Nos meeting room, 11 nos. Modern Labs designed to support the vibrant cultural, entertainment, and academic life of the University.
SUSTAINABILITY & INNOVATION AT THE CORE The IoE project is an integrated response to the evolving needs of higher education, combining ecological responsibility with architectural innovation. Key features include:
  • • 500,000-litre capacity, rainwater harvesting system
  • • 75 kW Rooftop Solar Power installation
  • • Organic Waste Converter for on-site waste management
  • • Energy-Efficient Fixtures, including LED lighting and solar-powered street lights
  • • 30 charging stations for Electric Vehicles (EV)
  • • 20% Green Coverage, integrated landscape features and preservation of existing trees
  • • Designing of construction around the existing trees
    • FUTURE-READY ACADEMIC FACILITIES The Institute will offer a range of flexible learning environments, including smart classrooms, laboratories, libraries, meeting rooms and collaborative spaces. Special focus has been given to:
  • • Modular layouts for adaptability
  • • Barrier-free access and wide corridors
  • • Central courtyards and landscape plazas for interaction
  • • Sun-shading and passive design to enhance thermal performance
  • • Low-maintenance, durable materials for long-term resilience
  • • Ground floor to have library and cafeteria followed with first to fourth floors comprising labs, classrooms, lecture/multipurpose halls. Fifth to Seventh floor will have spaces for staff rooms, dining hall and meeting rooms etc.
  • • Parking provisions include about 300 vehicle spaces, including basement parking, optimizing land use while supporting operational efficiency.
    • With the commencement of the Institute of Eminence project at the University of Delhi, ճԹ reaffirms its dedication to building infrastructure that not only meets the highest standards of design and functionality but also aligns with the nation’s vision for sustainable development and world-class education.
    nextgem
    23 SEP 2025

    CM Flags Off Delhi’s Next Leap in EV Revolution with Hari Nagar Electric Bus Depot to be executed by ճԹ
  • • Foundation stone multi-level electric bus depot at Hari Nagar New Delhi laid, built by ճԹ
  • • To be constructed at an estimated cost of 419 Crore

    •  
    Smt. Rekha Gupta, the Hon’ble Chief Minister of Delhi, laid the foundation stone of the state-of-the-art Multi-Level Electric Bus Depot at Hari Nagar. The occasion was graced by Dr. Pankaj Kumar Singh, Hon'ble Minister of Transport, GNCTD. Dr Ashish Sood, Hon’ble Minister of ճԹ, Urban Development and Education, Smt. Niharika Rai (I.A.S), Secretary & Commissioner (Transport), Delhi, Shri Prince Dhawan (I.A.S), Managing Director, DTC, Sh. Vishwendra, (I.A.S), Special Commissioner, GNCTD and CGM, DTC, Shri K.P.Mahadevaswamy, CMD, ճԹ, Shri Saleem Ahmad, Director (Projects), ճԹ along with senior officials from Delhi Transport Corporation and ճԹ (India) Ltd.
    The project is a significant step in transforming the public transport landscape of the capital. Developed by Delhi Transport Corporation in collaboration with ճԹ (India) Ltd. as Project Management Consultant, the depot will accommodate Approx 400 electric buses and will be equipped with modern charging facilities, making it a model of next-generation transport infrastructure.
    The Hari Nagar Depot is being developed as a financially self-sustainable project, with revenues generated from retail and commercial spaces integrated into the design. Spread across 6.22-acre plot and built-up area of 7.4 lakh square feet and constructed at an estimated cost of Rs.419 crore, the facility will include modern offices of DTC, dormitories and a vibrant commercial hub. Designed with a focus on sustainability, the complex will feature solar power generation, rainwater harvesting and a wastewater treatment system, in line with the city’s vision of eco-friendly urban growth. The initiative is expected to set new benchmarks for public transport infrastructure while reinforcing Delhi’s leadership in green mobility.
    ճԹ is privileged to partner DTC in executing this landmark project.
    nextgem
    22 SEP 2025

    HUDCO & ճԹ SEAL LANDMARK PACT TO TRANSFORM CITY SKYLINES
  • • MoU paves the way for Rs.117 crore projects in Panchkula, Kaushambi, Ahmedabad & New Delhi.

    •  
    ճԹ (India) Ltd and Housing and Urban Development Corporation Ltd. (HUDCO) both Navratna CPSEs have signed a Memorandum of Understanding to execute transformative development projects in Panchkula, Kaushambi, Ahmedabad and New Delhi.
    The MoU was signed by Shri Sanjay Kulshrestha, Chairman and Managing Director of HUDCO, and Shri K.P. Mahadevaswamy, Chairman and Managing Director of ճԹ (India) Ltd., in the presence of senior officials from both organizations
    Under this agreement, ճԹ will spearhead the development of a commercial complex at Kaushambi in Ghaziabad, the integrated redevelopment of HUDCO’s land parcel in Panchkula, the construction of new blocks at HUDCO’s Regional Office in Ahmedabad, and the reconstruction of residential flats at the Asian Games Village Complex in the national capital. Together, these projects represent a combined investment of more than Rs.117 crore and will be executed on a turnkey basis by ճԹ.
    The collaboration brings together HUDCO’s deep legacy in housing and urban development with ճԹ’s proven expertise in delivering sustainable, world-class infrastructure. By combining resources and strengths, the two Navratna CPSEs will accelerate the creation of modern, energy-efficient and people-centric spaces that align with India’s vision for sustainable cities.
    nextgem
    11 SEP 2025

    ճԹ Signs MoU with RIICO for projects valued Rs 3,700 Crore

     
    ճԹ has officially signed a Memorandum of Understanding with Rajasthan State Industrial Development & Investment Corporation Limited (RIICO) for the development of the prestigious Rajasthan Mandapam and allied infrastructure projects near Jaipur International Airport, Tonk Road, Jaipur. The project, valued at approximately Rs. 3,700 crore, marks a major milestone in the partnership between the Government of India and the Government of Rajasthan.
    The MoU signing ceremony in Jaipur was graced by distinguished dignitaries, including Shri Bhajan Lal Sharma, Hon’ble Chief Minister of Rajasthan, Col. Rajyavardhan Singh Rathore, Hon’ble Industry Minister of Rajasthan, Shri Sudhansh Pant, Chief Secretary, Government of Rajasthan, Shri Shikhar Agrawal, Additional Chief Secretary to Chief Minister and RIICO chairman and Shri K.P. Mahadevaswamy, CMD, ճԹ; Dr.Suman Kumar, Director (Commercial) & other seniorofficers from both the organisations. This high-profile event underscores the project’s strategic importance to the region’s economic and cultural growth.
    ճԹ (India) Limited, appointed as the exclusive Executing Agency, will lead the transformation of a 95-acre prime land parcel through master planning, architectural design, engineering, construction and international-standard marketing. The project will feature the Rajasthan Mandapam Convention Center, Unity Mall and associated commercial and cultural infrastructure, positioning Jaipur as a premier destination for global conventions and retail innovation.
    RIICO will provide ճԹ an initial interest-free advance of Rs. 50 crore, while ճԹ will mobilize the remaining funds through the sale and lease of built-up spaces and planned plots. ճԹ will implement a robust, self-financing model and leverage public financial institutions when required for uninterrupted work.
    The project’s investments, including government financial support up to Rs.635 crore for the Rajasthan Mandapam, reflect the commitment to timely, transparent and accountable completion. A joint Empowered Committee will monitor progress, designs and milestones, ensuring rigorous oversight and quality.
    The project is targeted for completion within 30 months upon receipt of statutory and internal approval.
    nextgem
    09 SEP 2025

    ճԹ to Build Future-Ready Naveen Nagpur as the International Business & Finance Center (IBFC)

     
    In a major step towards reshaping the urban landscape of Nagpur, ճԹ (India) Limited, a Navratna Central Public Sector Enterprise under the Ministry of Housing and Urban Affairs, has inked a Memorandum of Understanding (MoU) with the Nagpur Metropolitan Region Development Authority (NMRDA) for the development of Naveen Nagpur, as the International Business & Finance Center (IBFC) planned in the metropolitan region on 08.09.2025.
    The MoU was formally signed in the esteemed presence of Shri Devendra Fadnavis, Hon’ble Chief Minister of Maharashtra and Shri Eknath Shinde, Hon’ble Deputy Chief Minister of Maharashtra by Shri K.P. Mahadevaswamy, Chairman and Managing Director, ճԹ and Shri Sanjay Meena, IAS, Metropolitan Commissioner, NMRDA. Other distinguished dignitaries and senior officials from both the organizations were also present on this occasion.
    The newly envisioned business district of Naveen Nagpur will cover an area of around 1,710 acres (692 Ha) wherein the business district will be spread across 1000 acres, and 710 acres will be reserved for future expansion. Naveen Nagpur will be developed on a plug-and-play model featuring state-of-the-art infrastructure such as integrated underground utility tunnels, district cooling system, automated waste collection and segregation plant. The project will focus on building commercial establishments for start-ups, MSMEs, IT companies and commercial offices along with residential, and mixed-use developments aligned with town planning guidelines.
    ճԹ has been appointed as the Project Management Consultant for 1,000 acres land planned as business district. The project will be executed in three phases over the next 15 years. This MoU marks a landmark step in advancing Naveen Nagpur as a planned International Business and Finance Centre (IBFC), laying a strong foundation for its strategic growth and development.
    The project received approval from the Maharashtra Cabinet on 03.09.2025. Poised to be a game-changer for Vidarbha and Maharashtra, the Naveen Nagpur Development Project is expected to catalyze economic activity, create jobs, and elevate the quality of life for citizens by delivering world-class infrastructure and urban living standards.
    25 AUG 2025

    ճԹ at the Helm of Rajasthan’s ₹3,700 Crore Urban Renewal & Innovation Project

  • • ճԹ entrusted with development of Rajasthan Mandapam and Tech Towers
  • • Rajasthan Mandapam will be the 2nd landmark project of its kind after the prestigious Bharat Mandapam in New Delhi to be executed by ճԹ
  • • Rajasthan Cabinet Greenlights Mega Urban Project
    •  
    ճԹ (India) Ltd. stands at the forefront of Jaipur’s most ambitious urban development initiative, having been selected as the lead agency to design, build, and market the Rajasthan Mandapam Convention Centre, Global Capability Centre (GCC) Tower, IT Tower, luxury hotels, and new commercial and residential infrastructure on 95 acres of Rajasthan State Industrial Development & Investment Corporation (RIICO) land along the B2 Bypass, Tonk Road.This infrastructure push is seen as a cornerstone for the Viksit Rajasthan 2047 vision under the leadership of Shri Narendra Modi, Hon’ble Prime Minister of India and Shri Bhajan Lal Sharma, Hon’ble Chief Minister of Rajasthan envisioned to propel the state’s economy and solidify its status as a national and international convention and knowledge hub.
    Government of Rajasthan has announced this transformative development project with its recent cabinet approval with overall estimated investment reaching approximately ₹3,700 crore. ₹635 crore of this amount, will be provided by the State Government, underscoring robust official support and long-term economic vision for the region.
    The project’s scope is ambitious and future-oriented, with plans for the Rajasthan Mandapam Convention Centre to be developed on approximately 25 acres at a cost of ₹2,200 crore. The planned Rajasthan Mandapam, with over 2 lakh sq. mtr. of built-up area, is envisioned as a 7000-7,500-seat world-class convention destination modelled on the Bharat Mandapam in Delhi, which was also executed by ճԹ.
    The development will also include the establishment of dedicated towers for IT and global capability centers, the creation of luxury hotels on designated plots, and extensive green and commercial spaces, all guided by ճԹ’s detailed master plan. The project will utilize a self-financing approach where proceeds from sales and leases of plots and built-up assets will fund major construction activities, reducing upfront fiscal burden on the public exchequer.
    In this context, it is also mentioned that ճԹ has already received work order of approx. Rs 202 crore from RIICO for providing project management consultancy services for the construction of Unity Mall (PM Ekta Mall) in Jaipur, Rajasthan. The Union finance ministry already approved the project under a special assistance scheme and sanctioned Rs 100 crore, for its construction. Planned over 20,000 sqmtr in the RIICO Fintech Park near Jaipur airport, the Unity Mall will have shops for every ODOP, GI (geographical indication), and other state products.
    ճԹ’s involvement ensures robust technical due diligence, transparent financial management, and internationally benchmarked standards for all major project components. State government leaders and project officials have expressed confidence in ճԹ’s proven model and ability to deliver world-class urban infrastructure encompassing employment, tourism, and service industry growth.
    nextgem
    19 AUG 2025

    ճԹ Salutes Shramjeevis, carries Nation-Building Spirit from Borders to Cities under ‘Har Ghar Tiranga’ Campaign

     
    ճԹ (India) Limited celebrated the 79th Independence Day with great patriotic spirit at World Trade Center, New Delhi.The celebration was graced by Shri Srinivas Katikithala, IAS, Secretary, Housing & Urban Affairs, as the Chief Guest. He hoisted the National Flag in the presence of Shri K.P. Mahadevaswamy, Chairman & Managing Director, along with Functional Directors,Shri Ravi Kumar Arora, IAS, Joint Secretary (Land & Estates), MoHUA, CVO, senior officers and a large gathering of employees and Shramjeevis. A plantation drive was also carried out along with distribution of Tricolour, sweets, caps, t-shirts at the WTC, New Delhi on the occasion.
    As part of the Government’s Har Ghar Tiranga campaign, ճԹ also distributedover 21,500Tricolours to employees and Shramjeevis across its project sites and offices in India and abroad including its subsidiaries i.e, HSCL, HSCC and NSL reaffirming its commitment to instilling a sense of pride and unity among its workforce.
    The Chief Guest interacted andfelicitated Shramjeevisat the venue, acknowledging their invaluable role in ճԹ’s growth and project execution. In his address, Shri Katikithala appreciated the significant role played by ճԹ in Nation-building through its landmark infrastructure, redevelopment and housing projects across the country.
    Speaking on the occasion, the CMD of ճԹ lauded the efforts of all employees and partners, emphasizing ճԹ’s continued role in transformative infrastructure and projects in line with the vision of Viksit Bharat.
    nextgem
    18 AUG 2025

    ճԹ organises “Capacity-Building Training under RashtriyaKarmayogi Jan Seva Programme”

     
    ճԹ (India) Limited has organised a one-day training programme for its officials as part of the Government of India’s RashtriyaKarmayogi – Serving the Karmayogi Way initiative, launched by the Capacity Building Commission (CBC).
    The RashtriyaKarmayogi Jan Seva Programme is a large-scale behavioural training initiative designed to instil SevaBhaav (spirit of public service). It aims to transform work culture across the government by embedding values of empathy, integrity and service excellence.
    The programme in ճԹ was attended officials from diverse functional domains such as Engineering, Human Resources, Marketing, Finance, Law and Project Management. Through an interactive and immersive approach, participants were sensitised on the ethos of public service, leadership in governance, and citizen-centric delivery.
    ճԹ’s active participation in this programme underscores its commitment to not just physical infrastructure development but also building a strong foundation of skilled, motivated, and service-oriented professionals.
    08 AUG 2025

    ճԹ RECORDS PHENOMENAL FINANCIAL RESULTS Q1 OF FY 2025-26

    • • Records remarkable growth in EBITDA, PAT and PBT
     
    ճԹ’s EBITDA Margin reaches to 5.88%, PBTrises by 31.72% and PAT by 31.69% on Standalone basis whereas on Consolidated basis EBITDA Margin reaches to 4.61%, PBT rises by26.15% and PAT by 25.97%.
    The Board of Directors in the meeting held on Thursday i.e. August 07, 2025 approved the financial results of the company for the quarter ended on 30.06.2025. Company reported standalone income from operations of Rs. 1655.47 Cr. for Q1 FY 2025-26 compared to Rs. 1627.34 Cr. for Q1 FY 2024-25. Consolidated income from operations for Q1 FY 2025-26 stood at Rs. 2391.19 Cr. compared to Rs. 2142.53 Cr. for Q1 FY 2024-25.
    EBITDA jumps to Rs. 97.37 Cr. from Rs. 78.29 Cr. on standalone basis & to Rs. 110.16 Cr. from Rs. 91.63 Cr. on consolidated basis, on YoY basis for Q1 FY 2025-26.
    Profit Before Tax (PBT) on standalone basis increased from Rs. 116.25 Cr. to Rs. 153.13 Cr. and on consolidated basis increased from Rs.143.84 Cr to Rs. 181.45 Cr. on YoY basis for quarter ended 30.06.2025.
    Profit After Tax (PAT) on standalone basis has shown growth from Rs. 86.63 Cr. to Rs. 114.08 Cr. and on consolidated basis from Rs.107.19 Cr.to Rs. 135.03 Cr on YoY basis for the Q1 FY 2025-26.
    ճԹ with its robust order book and a strategic focus on Redevelopment& PMC Works, PSU Land Monetisation, Real Estate Development and Overseas Expansion, is well positioned to contribute towards a “Viksit Bharat”.
    nextgem
    06 AUG 2025

    ճԹ Celebrates Patriotic Fervour Through Creative Competitions Ahead of 79th Independence Day

     
    As part of the upcoming 79th Independence Day celebrations, ճԹ (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, organized a vibrant and engaging day of competitions at its Convention Centre, East Kidwai Nagar, New Delhi.
    The events, held under the aegis of UMANG – the Cultural Events Organizing Body of ճԹ – witnessed enthusiastic participation from employees across various divisions. The day-long programme featured a series of patriotic-themed competitions including painting with slogan, solo singing, extempore and a quiz competition, reflecting the creative spirit and national pride of the ճԹ workforce.
    Graced by the presence of Shri K.P.Mahadevaswamy, Chairman & Managing Director, Shri Saleem Ahmad, Director (Projects), Shri Suman Kumar, Director (Commercial), Shri Anjeev Kumar Jain, Director (Finance) and Senior Officers of ճԹ, the event brought together employees in a celebration of India’s independence and the sacrifices made by our martyrs. Participants showcased remarkable talent and enthusiasm, making the occasion both memorable and meaningful.
    All participants were felicitated with certificates and prizes in recognition of their spirited involvement.
    ճԹ remains committed to fostering a culture of unity, creativity and patriotism among its employees as it continues to contribute to nation-building through its infrastructure excellence.
    nextgem
    06 AUG 2025

    ճԹ SIGNS MOU WITH LOKPAL OF INDIA FOR COMPREHENSIVE INFRASTRUCTURE DEVELOPMENT PROJECT

     
    ճԹ (India) Limited signed a Memorandum of Understanding with the Lokpal of India to undertake a transformative infrastructure project worth approximately Rs. 121 crore.
    The MoU marks the launch of a comprehensive initiative encompassing structural repair, seismic retrofitting and next-generation interior fit-outs for the Lokpal’s office premises, all tailored to deliver functionality, sustainability and architectural finesse.
    Under this agreement, ճԹ will serve as the Project Management Consultant, responsible for ensuring the delivery of the project with precision, quality and adherence to sustainability norms. The initiative is aimed at upgrading the operational efficiency and physical infrastructure of the Lokpal's office to meet contemporary standards.
    The MoU was signed in the presence of senior dignitaries from both organizations, underscoring the strategic significance of the collaboration. Distinguished attendees included Justice Ajay Manikrao Khanwilkar, Chairperson of Lokpal of India, Shri Abhishek Bhagotia, Joint Secretary, Lokpal of India, Shri Arun Kumar, Deputy Secretary, Lokpal of India; Shri Mudit Bhatnagar, Chief General Manager, ճԹ and Shri Aakash Saxena, Assistant General Manager, ճԹ.
    The project is expected to significantly contribute to the modernization of the Lokpal’s administrative infrastructure, aligning it with the highest standards of efficiency, safety and functionality.
    nextgem
    • • MoU signed between ճԹ and Department of Posts to redevelop prime government land parcels across India into self-sustaining commercial and residential hubs
    05 AUG 2025

    From Stamps to Skylines: ճԹ & India Post Set to Transform Postal Land into Urban Marvels

     
    ճԹ (India) Ltd and the Department of Posts (DoP) have signed a Memorandum of Understanding (MoU) to transform dormant postal lands into bustling modern hubs of development. The MoU was signed by Shri Parimal Sinha, DDG (Estates & MM, Department of Post(DoP) & Shri Pradeep Sharma, ED (Engg.), ճԹ in the august presence of Shri Jitendra Gupta, DG DoP, Shri K.P. Mahadevaswamy, CMD, ճԹ, Dr. Suman Kumar, Director(Commercial) ճԹ and the senior officials from both side were also present.
    This ambitious move marks the beginning of a nationwide initiative to unlock the hidden value of prime government land parcels. With thousands of properties lying underutilized across the country, the Department of Posts has identified key sites—including Sarojini Nagar Postal Colony and Netaji Nagar Depot in the National capital—for immediate action. These locations will soon be buzzing with world-class infrastructure, commercial vitality and sustainable living.
    ճԹ, a Navratna PSU renowned for delivering mega-value projects, will lead the charge. The project will roll out in two stages: first, an intensive feasibility study by top-tier consultants, followed by on-ground transformation of land parcels found fit for development. The entire initiative will run on a self-sustaining model, powered by revenue generated through the sale and lease of new built-up spaces without burdening the exchequer.
    This urban revamp will be governed by a transparent and accountable system. A joint escrow mechanism will manage funds, while a high-level Empowered Committee will oversee project approvals, pricing and progress monitoring. From energy-efficient buildings to smart infrastructure, the planned developments aim to set new benchmarks in green, inclusive and future-ready design.
    Senior officials from both organizations have called the MoU a strategic masterstroke one that not only promises significant returns for the government but also breathes new life into forgotten corners of the country’s urban map. With over 6,465 land parcels under DoP’s ownership, including more than 1,460 lying vacant, this partnership holds the key to unlocking vast real estate potential.
    From legacy to landmark, the journey has just begun. As India marches toward its vision of a developed nation by 2047, this historic pact between ճԹ and the Department of Posts may well become one of its most defining success stories.
    nextgem
    09 JUL 2025

    Next-Gen Tech Wonderland in Delhi – A New Era of Innovation Breaks Ground
    • • ճԹ and C-DOT sign MoU to execute project worth Rs. 220 Cr

     
    In a powerful stride toward building India's digital future, ճԹ (India) Limited, the country’s premier construction and project management giant, has entered into a Memorandum of Understanding with the Centre for Development of Telematics (C-DOT) forconstruction of Data Centre along with Residential and Non- Residential Buildings in their existing 40-acre campus in Mehrauli, New Delhi that promises to be nothing short of iconic. The project will be executed at an estimated cost of Rs 220 crore approximately. The MoU was formally signed by Dr.RajkumarUpadhyay, CEO (C-DOT) and Shri Pradeep Sharma, ED (BD), ճԹ (India) Ltd.
    The sprawling campus will be a magnificent ecosystem of technology, sustainability and innovation, with a built-up area of about 53,000 square meters. Designed to spark inspiration and embody India’s technological prowess, the upcoming infrastructure will house a high-performance Data Centre and NOC Block, striking Technical Towers, a world-class Training Centre with integrated hostel facilities, staff housing infused with social amenities, a recreation zone and a smart reception and security node.
    As part of this high-stakes collaboration, ճԹ will spearhead the project as Project Management Consultant which shall include areas from master planning and design to execution, supervision, obtaining statutory approvals etc. ճԹ was selected as PMC after a competitive bidding and negotiation process. The entire project is targeted to be completed in 36 months subject to receiving of necessary approvals and clearances.
    What sets this partnership apart is not just the scale, but the intent. The architectural language of the Technical Block and Data Centre is envisioned to become a signature skyline element, potentially featuring the C-DOT logo atop the structure a beacon of India's digital dreams. The design will allow for future vertical expansion and explore dynamic connections, including a skywalk to seamlessly link with the existing facilities. Green features and intelligent layouts will bring together form and function in a way that embodies India's aspirations in the era of Digital India and Atmanirbhar Bharat.
    This mega development is more than a construction project it is the birth of a new innovation sanctuary, a blend of vision, engineering excellence and national purpose. With ճԹ’s unmatched track record and C-DOT’s legacy of pioneering technologies, this project is poised to set a new benchmark in institutional infrastructure.
    nextgem
    07 JUL 2025

    ճԹ Champions Green Future at Van Mahotsav 2025

     
    With saplings in hand and sustainability on display, ճԹ (India) Limited made a strong environmental statement at the Van Mahotsav 2025 celebrations held at Bharat Mandapam, New Delhi. Organised by the Department of Forests & Wildlife, Government of NCT of Delhi, the two-day event from 3-4 July, 2025 drew a wide range of participants.
    The ճԹ Stall was visited by Smt. Rekha Gupta, Hon’ble Delhi Chief Minister and Shri Manjinder Singh Sirsa, Hon’ble Minister for Environment, Forest & Wildlife, Industries and Food & Supplies. They were briefed on the company's sustainability measures and the integration of tree plantation initiatives into its infrastructure projects
    Located in Hall No. 14, Bharat Mandapam, ճԹ stall became a hub of public engagement with approximately 2000 visitors. Visitors, including schoolchildren, professionals and environmentalists, flocked to the stall to experience its interactive displays which highlighted the organisation’s commitment to eco-friendly infrastructure development. Staff volunteers distributed free saplings and green-themed T-shirts, adding visual appeal and drawing steady footfall. A dedicated selfie zone became popular among younger attendees, while detailed exhibits traced the corporation’s green efforts from reforestation drives to the use of eco-conscious construction materials.
    By integrating green practices into its building philosophy, ճԹ has attempted to shift the narrative from compensation to co-existence an idea that resonated well with the audience at Van Mahotsav.
    04 JUL 2025

    ճԹ to Power Up South India’s Energy Education Hub with Rs.44 Cr Campus Expansion at Energy Institute Bengaluru

     
    In a defining moment for India’s higher education infrastructure, ճԹ (India) Limited the Nation’s premier Navratna CPSE under the Ministry of Housing and Urban Affairs has been entrusted with a marquee assignment that promises to reshape the academic contours of South India. With a project value of approximately Rs.44 crore, ճԹ is all set to take the reins as Project Management Consultant for a grand infrastructure expansion at the Energy Institute, Bengaluru the southern campus of Rajiv Gandhi Institute of Petroleum Technology (RGIPT).
    Located in Kambalipura, Hosakote Taluk, spread across a sprawling 125-hectare expanse and nestled just a short drive from Bengaluru’s vibrant cityscape and Kempegowda International Airport, this futuristic campus will witness a spectacular architectural transformation. From modern institutional blocks and dignitary guest houses to a vibrant residential hub for students and faculty, the upcoming facilities will reflect not just scale and functionality, but a vision of sustainable, smart living that echoes India’s climate-conscious commitments.
    The development will feature a built-up area of over 13,500 square metres and more importantly, a dynamic fusion of technology, architecture and ecological design. The new avatar of the campus will house intelligently designed guest accommodations, fully-equipped hostels, faculty residences, expanded dining infrastructure and a holistic campus environment interlaced with smart infrastructure all seamlessly integrated with energy-efficient systems, digital utilities and green building features.
    This project underscores ճԹ’s ability to deliver excellence across the entire project lifecycle from concept to commissioning. With deep technical expertise, ճԹ will oversee the development of architectural, structural, electrical, and environmental designs, manage tenders and vendors, secure all statutory approvals, and ensure compliance with health, safety, and environmental standards. The agency’s robust monitoring mechanisms and professional oversight will ensure timely execution with uncompromised quality.
    What sets this project apart is its bold embrace of sustainability. The blueprint incorporates passive design techniques such as recessed fenestration, central courtyards, and natural ventilation, along with climate-responsive materials and thermal insulation. Integrated rainwater harvesting, solar power, and expansive green zones will make the campus a living model of India’s green aspirations.
    For RGIPT, the development signals an exciting leap forward in its mission to become a global centre of excellence in energy studies. As India accelerates its energy transition and demand for skilled professionals surges, the new facilities will position the Energy Institute, Bengaluru as a magnet for talent, innovation, and breakthrough research.
    With this assignment, ճԹ once again reaffirms its reputation as a trailblazer in sustainable institutional development turning blueprints into benchmarks and visions into national assets.
    nextgem
    03 JUL 2025

    From Iconic to Iconic 2.0: Reimagine New Delhi’s Siri Fort Auditorium as India’s Next-Gen Cultural Marvel

    • • 4 decade old Auditorium to to be transformed into a new AVATAR
    • • ճԹ & NFDC sign MOU to set the Stage for India’s Premier Future-Ready Cultural Hub
     
    A cultural revolution is on the horizon. In a landmark collaboration set to redefine the artistic heartbeat of the National capital, ճԹ (India) Limited and the National Film Development Corporation (NFDC) have inked an agreement to transform the iconic Siri Fort Auditorium Complex, New Delhi into a next-generation cultural and cinematic powerhouse. This ambitious makeover will fuse India's rich creative heritage with world-class infrastructure, promising a vibrant new chapter in the Nation's cultural narrative.Nestled in the heart of South Delhi and spread across 5.5 acres, Siri Fort Auditorium has, for over 4 decades, been the beating heart of India’s artistic and cinematic expression. With its construction in 1982 during ASIAD with four auditoriums and combined seating of over 2,600, it has hosted everything from global film festivals and musical extravaganzas to high-powered public discourse.
    In its grand new avatar, the complex is envisioned as a vibrant cultural district, seamlessly integrating multiple creative domains. The Performance and Theatre District will serve as the venue’s cultural heartbeat, capable of hosting large-scale productions, concerts and festivals. The Indian Film & Media Hub will celebrate cinema through screenings, exhibitions and archival storytelling. A Convention and Dialogue Forum will act as a stage for policy summits, seminars, and intellectual exchange, while the Arts and Culture Zone will offer curated spaces for visual arts, sculpture, and installations.
    Adding to the visitor experience will be a Culinary Plaza that showcases India’s regional cuisines, a Cultural Bazaar and Retail Zone offering artisan products and book fairs and an Immersive Heritage Gallery, which will employ cutting-edge digital technology to bring India’s history and cultural legacy to life.
    The revamped Siri Fort will also feature intelligent lighting systems, kinetic stage architecture, immersive audio-visual setups, high-speed digital connectivity, and universal accessibility, ensuring it competes with the world’s top cultural destinations.
    Under the proposed design, Siri Fort’s built-up area will expand to more than 20000 square metres approximately, with a maximum permissible building height of 26 metres. The facility will be developed within a Floor Area Ratio (FAR) of 1.2 and will conform to international green building benchmarks such as LEED, IGBC, and GRIHA, reflecting India’s firm commitment to sustainable architecture and climate responsibility.
    ճԹ will helm the project as the Project Management Consultant (PMC), overseeing all phases from master planning and architectural design to statutory approvals, engineering, construction, and commissioning. The redevelopment, to be carried out on a deposit work basis, will see NFDC reimbursing the actual project cost along with PMC charges.
    A Joint Empowered Committee, chaired by a designated NFDC officer and comprising officials from both NFDC and ճԹ, will be tasked with monitoring project timelines, design approvals and overall execution.
    When the curtains rise once again at Siri Fort, it won’t just mark the beginning of a performance it will herald a renaissance in India's cultural imagination.
    African_Safari
    03 JUL 2025

    ճԹ’s Reshma Dudani Honoured with the Prestigious NAREDCO Mahi Women Achievers Award

     
    ճԹ (India) Limited is proud to announce that Ms. Reshma Dudani, Senior Executive Director (Engineering) bagged the prestigious NAREDCO Mahi Women Achievers Award. The award was conferred during the 4th NAREDCO Mahi Real Estate Convention, held in June 2025.
    Ms. Dudani has been recognized for her outstanding achievements, strong leadership and valuable contributions to the real estate and infrastructure sectors. This award is not only a proud moment for Ms. ReshmaDudani but also highlights ճԹ’s strong commitment to supporting women leaders in the industry. ճԹ actively promotes a work environment where women professionals are given equal opportunities to grow, lead and succeed whether in offices or at project sites. Through inclusive policies, leadership roles and mentorship support, ճԹ encourages women to break barriers and reach their full potential. Ms. Dudani’s success is a reflection of what can be achieved when talent is supported and empowered.
    The event was organized by the National Real Estate Development Council (NAREDCO) under the aegis of the Ministry of Housing and Urban Affairs, Government of India, the NAREDCO Mahi platform is dedicated to promoting the participation and leadership of women in the real estate and construction sectors.
    Themed “Rise & Build: Women Transforming Real Estate for a Sustainable Tomorrow,” the 4th Mahi Convention recognized women leaders whose contributions are reshaping the sector through innovation, resilience and a commitment to sustainability.
    African_Safari
    02 JUL 2025

    AFRICAN SAFARI SOON TO DEBUT IN INDIA ճԹ signs MoU for iconic African Safari at Gorewada Zoo, Nagpur estimated at Rs. 355 Crore

     
    ճԹ (India) Limited moved to a transformative leap in wildlife conservation and Eco-tourism infrastructure by signing a Memorandum of Understanding (MoU) with FDCM Gorewada Zoo Limited (FGZL), a Government of Maharashtra undertaking. The MoU pertains to the Development of African Safari and Entrance Plaza at the Balasaheb Thackeray Gorewada International Zoological Park, Nagpur.
    The MoU was signed by Shri Chandrasekharan Bala, CEO, FGZL and Shri Pravin Tukaram Doiphode, Executive Director, ճԹ in the presence of Shri Devendra Fadnavis, Hon’ble Chief Minister of Maharashtra who has envisioned this project as a symbol of Maharashtra’s commitment to conservation-led tourism and infrastructure excellence. Shri Ganesh Naik, Hon’ble Forest Minister of Maharastra, Shri Naresh Zurmure, MD, FGZL, Shri. K.P. Mahadevaswamy, CMD, ճԹ, Shri Vikas Kharge, Additional Chief Secretary to Hon’ble Chief Minister of Maharashtra, Shri Milind Mhaiskar, Additional Chief Secretary, Shri Vivek Hoshing, Deputy Secretary, Forests, Government of Maharashtra and senior officials from both ճԹ and FDCM Gorewada Zoo Limited were also present during the occasion.
    As the implementing agency, ճԹ (India) Limited shall be responsible for the planning, design, execution and overall development of the African Savannah Safari, Kop-je walk trail replicating the unique granite formations of Central Africa and Entrance Plaza. The project estimated at Rs. 355 Crore is set to deliver a world-class wildlife experience to be implemented in an area of approximately 63 hectares. This will include development of African zoo, safari plaza, animal hospital and quarantine centre, theming works, landscaping & plantation and a sewerage system including STP. The scope also includes other allied works such as water supply, service area development, furnishing, interior & visitor amenities etc. The visitor-friendly entrance plaza will include food courts, scenic areas, ticket counters, interpretation centres and a 6-hectare parking area accommodating over 1,900 vehicles. ճԹ will also incorporate eco-sensitive and sustainable design elements in alignment with global zoological standards.
    The African Safari component of the project will feature an authentic replication of African ecosystems, making it a first-of-its-kind initiative in India. The zoo will be home to over 30 iconic African species, including Giraffe, Burchell’s Zebra, Impala, Gemsbok, Kudu, Blue Wildebeest, Common Eland, Hippopotamus, Ostrich, African Lion, White Rhinoceros, Cheetah, Spotted Hyena, Red River Hog, Chimpanzee, Hamadryas Baboon, Patas Monkey, Ring-Tailed Lemur etc.
    This unique layout will provide a drive-through safari and a walking trail, ensuring close encounters and immersive experiences for visitors while maintaining the highest standards of animal welfare and safety.
    This African Safari is more than a tourist attraction—it’s a statement. It aligns with ճԹ’s vision of delivering high-impact infrastructure that empowers local economies, promotes conservation awareness and showcases India's capability to replicate global standards with indigenous expertise.
    By bringing a glimpse Africa to India, ճԹ is reaffirming its place at the forefront of nation-building—not just by constructing infrastructure, but by crafting legacies.
    Flatdistrubtion
    26 JUN 2025

    ճԹ’s Shri Hrishikesh Kumar Honoured with “Best CMA Achiever Award 2024”

     
    ճԹ (India) Limited is delighted to share that Shri Hrishikesh Kumar, Senior Executive Director (Finance), has been honoured with the prestigious “Best CMA Achiever Award 2024”at the19thNational Awards for Excellence in Cost Management & 8thCMA Awards 2024organised by the Institute of Cost Accountants of IndiaonJune 23, 2025.The award was presented by Shri BhartruhariMahtab, Hon’ble Member of Parliament and Chairperson of the Standing Committee on Finance in the event held atVigyan Bhawan, New Delhi.
    ճԹ promotes a work culture which helps in nurturing professional growth of its talented workforce across all disciplines. The finance function at ճԹ is led by seasoned professionals, including Chartered Accountants and CMAs, who account for more than 40% of the discipline. Qualified CMAs play a vital role across diverse areas such as accounting, fund management, taxation, and more.
    This national recognition reflects ճԹ’s strong focus on financial discipline, transparency and governance.ճԹ is a Great Place to Work certified organisation along with being in the list of Fortune 500 companies in India.
    Flatdistrubtion
    21 JUN 2025

    Flats at Heartbeat City – I & II, Noida handed over by ճԹ

     
    Marking a significant milestone in the revival of stalled Amrapali projects, ճԹ (India) Ltd.successfully conducted the flat handover ceremony of Heartbeat City – I & II, Sector 104, Noida on 23.06.2024.
    The ceremony witnessed the presence of SBG Amrapali – I & II, Adhoc AOA members of the society, senior officials of ճԹ and unit owners. During the function a total of 38 possession letters were handed over to the delighted homebuyers during the event.
    In an overwhelming display of appreciation, the homebuyers expressed heartfelt gratitude to the Learned Court Receiver, Court Receiver Committee, ճԹ management and team for their tireless efforts in overcoming challenges and delivering their long-awaited dream homes.ճԹ remains committed to completing all ongoing Amrapali projects.
    MOUwith Meerut Development Authority
    24 JUN 2025

    ճԹ signs MoU with Meerut Development Authority for construction of Stalled /Redevelopment projects

     
    ճԹ (India) Ltd., a Navratna Central Public Sector Enterprise under the Ministry of Housing & Urban Affairs, Government of India, has signed a Memorandum of Understanding (MoU) with the Meerut Development Authority (MDA) for“Construction of Stalled / Re-Development Projects in Township of Meerut Development Authority at Meerut”. The estimated project cost is approximately Rs. 296.53 crore.The MoU was signed byShri Pradeep Sharma, Executive Director, ճԹ and Shri Vijay Kumar Singh, Chief Town Planner, MDA in the august presence of Shri Sanjay Kumar Meena, IAS, Vice Chairman, MDA
    The MoU, outlines ճԹ’s role as the executing and implementing agency for the project. The redevelopment will cover stalled residential and commercial properties, including sites at Sector 4C in Shatabdi Nagar, Lohiya Nagar, VikasVihar in New Mohanpuri and other identified locations.ճԹ will act as an executing/implementing agency for the development of identified land parcel of MDA on ճԹ’s self-sustainable redevelopment model.
    ճԹ will incorporate advanced state of art technologies during construction, minimizing the pollution hazard, improving quality and reducing the overall completion timelines.The design of proposed development/construction of the project shall be user-friendly for disabled persons and accessibility features for differently-able persons.
    The project is expected to be completed in a phased manner within three years from the date of commencement, following all necessary statutory approvals.An Empowered Committee comprising officials from both ճԹ and MDA will oversee the project, including approvals, fund management and monitoring of progress through a dedicated escrow mechanism.
    YOGADay
    21 JUN 2025

    ճԹ CELEBRATES INTERNATIONAL DAY OF YOGA 2025

     
    On the occasion of the 11th International Day of Yoga (IDY), ճԹ (India) Ltd. celebrated the day with great zeal by organizing a dedicated yoga session at its Corporate Office in New Delhi in association with BhartiyaYogSansthan. Senior officials and employees participated enthusiastically, performing various yogasanas and breathing exercises that promote physical and mental well-being.
    In addition to this, ճԹ organized a Yoga Mahakumbh from 18th to 21st June 2025 at East Kidwai Nagar, reaffirming its commitment to wellness, sustainability and inner harmony. The four-day event focused on holistic well-being and featured enriching yoga sessions, an insightful diet and nutrition session by experts and a free consultation and treatment camp, benefitting participants with personalized health guidance.Adding to the spirit of the day, ճԹ also hosted a special workshop on “Meditation for a Healthy & Happy Life”.
    The session emphasized the value of meditation in daily life, particularly in stress management and nurturing a positive mindset. It highlighted how yoga and meditation together can help individuals develop resilience and emotional stability.Through these initiatives, ճԹ continues to align itself with the national vision of holistic health and environmental harmony.
    YOGAMAHAKUMBH
    18 JUN 2025

    ճԹ ORGANISES “YOGA MAHA KUMBH” 2025

     
    ճԹ (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, organised “Yoga Maha Kumbh”, a signature event as a part of celebrations under the 11th International Day of Yoga (IDY) 2025 . This year’s IDY theme, “Yoga for One Earth, One Health,” resonates deeply with ճԹ’s commitment to holistic wellness, sustainability and inclusive growth. The event was inaugurated by Shri K. P. Mahadevaswamy, CMD , ճԹ, in the august presence of Smt. Ritu Pande, CVO, ճԹ, Dr. Indu Sharma, Assistant Professor, Morarji Desai Institute of Yoga and representatives of Brahmakumaris, senior officers of ճԹ and general public.
    Organised under the guidance of Ministry of Ayush and coordinated by Morarji Desai National Institute of Yoga (MDNIY), the Yoga Maha Kumbh is being organised at Kidwai Nagar, New Delhi the event shall culminate with the International Day of Yoga on 21.06.2025. ճԹ has actively engaged its employees and common public and other stakeholders in this celebration. 6 participating organisations are partnering ճԹ and MDNIY for organising various programs and sessions including Common Yoga Protocol, meditation, Thematic Exhibition, Raj Yoga, Yog Nidra, musical presentation, Quiz activities, Naadi Pariksha, Informative talks on health management, Anand Yoga, transcendental meditation, lifestyle disorder therapy etc.
    This event embarks ճԹ’s alignment with the national movement that celebrates India’s cultural heritage and its leadership in promoting yoga as a global wellness practice.
    16 JUN 2025

    ճԹ COMMITTED IN ITS PURSUIT TOWARDS STRENGTHENING SCHOOL INFRASTRUCTURE

     
    • • Bags 9 new campus projects from Navodaya Vidyalaya Samiti
    • • Value of projects is approximately Rs 518 crore


    ճԹ (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, has been entrusted with the construction of 9 Jawahar Navodaya Vidyalayas by Navodaya Vidyalaya Samiti. The project involves the construction of permanent campuses for across the states of Arunachal Pradesh, Assam, Manipur, and Telangana. The campuses will be developed in locations of Lohit, Pakke Kessang, Lepa Rada and Lower Siang in Arunachal Pradesh, Noney in Manipur, Sonitpur, Majuli, and Charai Deo in Assam and Bhadradri Kothagudem in Telangana.
    The scope of work for the construction of the permanent campus at Jawahar Navodaya Vidyalaya includes comprehensive civil and infrastructure development. It comprises construction of a school building with a central covered courtyard, smart classrooms, kitchen and dining facilities, boys' and girls' dormitories (each with warden residences), residences for the principal and vice principal, staff quarters (Type-II and Type-III), a guest house, electrical substation, pump house and guard room.
    Sports infrastructure includes a 400-meter EPDM running track with a football field and sitting arrangement, a mini integrated sports complex (basketball, handball, volleyball, lawn tennis) and separate open gyms for boys and girls. All facilities are designed to meet NVS standards and are equipped with basic furnishings and smart learning provisions. Site development includes a 2.4-meter-high boundary wall with an RCC structure, internal CC roads, paver pathways, culverts, underground water tanks, tube well, water supply, sewerage and drainage systems, external electrification, rainwater harvesting and landscaping.
    These campuses are aimed at providing state-of-the-art infrastructure and facilities for school education, especially in remote and underserved areas, contributing to the Government’s vision of equitable and quality education for all. Prior to the above ճԹ is already engaged in the construction work of Jawahar Navodaya Vidyalayas (JNV) at various locations of Odisha, Bihar, Jharkhand, NER, UP & Delhi valuing Rs. 346 Crore.
    LABOUR CONFERENCE
    10 JUN 2025

    SHRI K.P. MAHADEVASWAMY, CMD ճԹ, REPRESENTS INDIAN EMPLOYERS AT INTERNATIONAL LABOUR CONFERENCE IN GENEVA

     
    Shri K.P. Mahadevaswamy, Chairman and Managing Director, ճԹ (India) Ltd., addressed the International Labour Conference Plenary Session at the International Labour Organization, Geneva, as the Indian Employer Delegate on 9.06.2025.
    In his address to the esteemed assembly comprising the Chairperson, Vice President, Director-General and global delegates, Shri Mahadevaswamy conveyed greetings on behalf of the employers of India. He appreciated the efforts of the ILO in organizing the 113th session of the ILC and lauded the Director-General’s report titled “Jobs, Rights and Growth: Reinforcing the Connection” as timely and insightful, especially in today’s fast-evolving global scenario.
    He emphasized the growing importance of building a resilient and inclusive ecosystem that supports job creation, entrepreneurship, worker welfare and innovation. In a world increasingly defined by disruption and transition, he underscored that inclusive social dialogue, social security and continuous skilling are key to shaping a just and future-ready world of work.
    Highlighting India's proactive and holistic approach as the fourth-largest economy globally, he noted that the Indian Government has undertaken several flagship initiatives to promote employment generation, empower the informal workforce and strengthen social protection mechanisms. He also drew attention to India’s legislative reforms aimed at simplifying labour laws, increasing transparency and extending social security coverage to gig and platform workers.
    Shri Mahadevaswamy stressed that employment must be sustainable and meaningful, which is why India continues to invest in human capital through the Skill India Mission. This mission, driven in partnership with industry, is equipping the country’s youth with future-ready, market-relevant skills.
    He affirmed that Indian employers are committed to fostering responsible growth and decent work standards while ensuring worker well-being, competitiveness and global collaboration. Echoing India’s timeless philosophy of “Vasudhaiva Kutumbakam – The world is one family,” Shri Mahadevaswamy concluded with a call for global unity, peace and cooperation, asserting that the path to a balanced socio-economic world lies in reinforcing the interrelation between jobs, rights and growth.
    TYPE-V QUARTERS
    05 JUN 2025

    ճԹ TO TAKE UP CONSTRUCTION OF TYPE-V QUARTERS (PHASE I) UNDER AIIMS RESIDENTIAL REDEVELOPMENT

     
    The "Bhoomi Pujan Ceremony" for construction of Type-V residential quarters under Phase I of the AIIMS Residential Redevelopment Scheme at West Ansari Nagar, New Delhi was held recently. The event was attended by eminent dignitaries including Shri K.P. Mahadevaswamy, Chairman & Managing Director, ճԹ; Smt Ritu Pande, CVO, ճԹ along with other senior officers and distinguished guests.
    In this phase, ճԹ (India) Ltd is set to begin construction of 156 Type-V residential quarters with an estimated cost of Rs.144 crore. This marks a significant step toward delivering modern, sustainable housing infrastructure for the AIIMS community.
    At West Ansari Nagar, two residential packages—117 Type-IV special quarters and 156 Type-V quarters—are being constructed with ճԹ investing approximately Rs 180 crore as seed money, to be recovered through project-generated revenue as per Cabinet provisions.
    With the recent success of the World Trade Center at Nauroji Nagar highlighting investor confidence in ճԹ’s urban transformation initiatives, the AIIMS redevelopment project presents a compelling opportunity to deliver world-class, sustainable infrastructure for India’s premier medical institution.
    30 May 2025

    ճԹ ACHIEVES ITS HIGHEST EVER OPERATIONAL INCOME OF RS 8725.36 CRORE, MARKING EXCEPTIONAL GROWTH

     
    • Operational income at Rs. 8725.36 crore, rises by 8.70% on YoY basis
    • Achieves highest ever profit in a Financial Year, PAT /PBT rise by 38.26 %/ 37.96% on YoY basis
    • Total dividend for the FY 24–25, including the interim and proposed final dividend Rs.180.90 crore
    Result Highlights
    FY24-25 Results (all comparisons with FY23-24)– Standalone
    • • Total Income: Rs 8943.71 crore in FY 24-25 & Rs 8227.92 crore in FY 23-24
    • • Net profit: Rs 476.11 crore in FY 24-25 & Rs 344.36 crore in FY 23-24

    Q4FY24-25 Results (comparison with Q4FY23-24)– Standalone
    • • Total Income: Rs 3260.54 crore in FY 24-25 & Rs 3045.55 crore in FY 23-24
    • • PAT: Rs 137.19 crore in FY 24-25 & Rs 102.29 crore in FY 23-24
    • • PBT: Rs 186.23 crore in FY 24-25 & Rs 143.08 crore in FY 23-24

    FINANCIAL HIGHLIGHTS


    CONSOLIDATED (Figures in Rs. Crore)

    YoY Basis

    ANNUAL PERFORMANCE

    QUARTERLY PERFORMANCE

    FY Ended 31.03.2025

    FY Ended 31.03.2024

    Growth

    %

    Quarter Ended 31.03.2025

    Quarter Ended 31.03.2024

    Growth

    %

    Total Operational Income

    12038.57

    10406.79

    15.68%

    4642.55

    3996.31

    16.17%

    PBT

    755.02

    558.54

    35.18%

    249.05

    197.63

    26.02%

    PAT

    557.42

    414.38

    34.52%

    182.67

    141.50

    29.10%

    EPS

    2.00

    1.49

    34.52%

    0.65

    0.50

    29.10%

    STANDALONE (Figures in Rs. Crores)

    YoY Basis

    ANNUAL PERFORMANCE

    QUARTERLY PERFORMANCE

    FY Ended 31.03.2025

    FY Ended 31.03.2024

    Growth

    %

    Quarter Ended 31.03.2025

    Quarter Ended 31.03.2024

    Growth

    %

    Total Operational Income

    8725.36

    8026.73

    8.70%

    3217.53

    3008.35

    6.95%

    PBT

    629.76

    456.49

    37.96%

    186.23

    143.08

    30.16%

    PAT

    476.11

    344.36

    38.26%

    137.19

    102.29

    34.12%

    EPS

    1.76

    1.28

    38.26%

    0.51

    0.38

    34.12%
    The Board of Directors in its meeting held on Thursday i.e., May 29, 2025 approved the Financial Results of the company for the quarter and year ended on 31.03.2025. Company reported operational income of Rs 12038.57 Cr. and Rs 4642.55 Cr. on consolidated basis for Year & Quarter ended on 31.03.2025 representing a growth of 15.68% and 16.17% on YoY basis respectively.
    On standalone basis, company has achieved operational income of Rs 8725.36 Cr. for year ended 31.03.2025 & Rs 3217.53 Cr. for quarter ended 31.03.2025 showcasing increase of 8.70% & 6.95% respectively on YoY basis.
    ճԹ has earned its highest ever profit in FY 24-25 surpassing its previous figures. The Profit Before Tax (PBT) stood at Rs 755.02 Cr. on consolidated basis & Rs 629.76 Cr. on standalone basis thereby representing growth of 35.18% & 37.96% respectively on YoY basis for the year ended 31.03.2025. Whereas Profit After Tax (PAT) stood at Rs 557.42 Cr. on consolidated basis & Rs 476.11 Cr. on standalone basis thereby representing growth of 34.52% & 38.26% respectively on YoY basis for the year ended 31.03.2025.
    The Board of Directors has recommended a final dividend of Rs. 0.14 per equity share on face value of Rs 1 per equity share for the financial year 2024-25 which is subject to approval of shareholders in ensuing AGM of the company. In addition to above dividend of Rs 0.53 per equity share on face value of Rs 1 per equity share has been paid in March 2025.
    Shri K.P. Mahadevaswamy, Chairman and Managing Director of ճԹ (India) Limited, expressed his elation at the remarkable achievement of announcing the highest ever turnover in ճԹ's history in FY 24-25 and expressed confidence that ճԹ’s growth shall continue unabated in the future too.
    KEY ACHIEVEMENTS FY 24-25

    Business Secured:
    • Rs. 75,391 Crore (consolidated) and Rs. 67,245 Crore (standalone) in FY 24-25 against Rs. 23,500 Crore (consolidated) and Rs. 18,400 Crore (standalone) in FY 23-24
    Order Book (as on 31.03.2025):
    • Standalone level - Rs. 1,04,255 Crore and Consolidated level - Rs. 1,20,533 Crore
    Amrapali Project: ճԹ has successfully completed about 25,500 units. The company is committed to deliver remaining units at the earliest. ճԹ along with Aspire team has achieved sale of over 6,571 units in Amrapali Projects with total sale value of Rs. 3,822 Crore. ճԹ has launched new FAR projects from December 2024. As on date, ճԹ has sold 3237 flats (across 4 projects) through bulk sale (open e- auction mode) that will generate approx. Rs. 6479 Cr. over the construction period of these projects.
    Sale office/commercial space worth Rs. 14,800 Crore approx.
    • Sale 100% office space at WTC, Nauroji Nagar, New Delhi valuing Rs. 13,409 Crore
    • Sale 100% retail and commercial space at Downtown, Sarojini Nagar, New Delhi valuing Rs. 1,391 Crore.
    Works Awarded: During the financial year 2024-2025, at a consolidated basis, the Company has awarded works of approx. Rs. 23,250 Crore pertaining to different projects compared to works of approx. Rs. 10,126 Crore last year.
    ճԹ with its robust order book and a strategic focus on redevelopment, PSU land redevelopment, real estate development, overseas expansion and PMC works is well positioned to be a pioneer CPSE in India’s future development.
    badmintorn Munna rashid
    30 May 2025

    ճԹ strengthens its CSR Outreach by providing specialized wheelchair to Para-Badminton athlete Munna Khalid

     
    ճԹ, as part of its Corporate Social Responsibility commitment for the financial year 2024-25, has made a significant contribution in procuring a badminton wheelchair. This important resource has been handed over to Shri Munna Khalid, a prominent Indian para-badminton athlete renowned for his perseverance and outstanding performances at both national and international levels. His dedication and achievements continue to inspire athletes across the country while highlighting the growing prominence of para-sports.
    The wheelchair was procured at a cost of Rs.4.57 lakhs through the National Backward Classes Finance and Development Corporation, New Delhi. This specialized wheelchair is expected to substantially aid his training and competitive performance. The formal handover ceremony took place on 28th May 2025 and was graced by Shri K. P. Mahadevaswamy, CMD, Dr. Suman Kumar, Director (Commercial), Smt. Ritu Pande, Chief Vigilance Officer and other senior officers of ճԹ.
    interior fit-out works at World Trade Centre, Nauroji Nagar
    28 May 2025

    ճԹ Releases 18th Issue of In-House Hindi Magazine 'Nirman Bharti' to Promote Official Language and Celebrate Company Achievements

     
    • • ճԹ launched the 18th issue of its half-yearly in-house Hindi magazine "Nirman Bharti"
    • • The magazine is recognized for its unique contribution to official language implementation, serves as a key platform for Hindi-related content.
    On 27th May, 2025, Shri K. P. Mahadevaswamy, CMD; Shri Saleem Ahmad, Director (Projects); Dr. Suman Kumar, Director (Commercial) and Shri Anjeev Kumar Jain, Director (Finance) released the eighteenth issue of ճԹ's in-house magazine "Nirman Bharati". Other senior officials of the company were also present on the occasion.
    ճԹ (India) Limited's Hindi house magazine “Nirman Bharti” is dedicated to the promotion and propagation of official language Hindi, which is published on half-yearly basis. Publication of a magazine is also an important responsibility of the Official Language Division to encourage the progressive use of Hindi. This magazine not only fulfils that responsibility but also provides a formal platform for wide publicity of Hindi related activities in the company. In this magazine, along with articles related to various subjects, creative writing and official language related activities and achievements of the company are given primarily attention. This magazine has also been awarded several times on platforms like Nagar Official Language Implementation Committee Delhi (Undertaking-2). This magazine has gained its unique identity in a very short time in the field of official language implementation.
    interior fit-out works at World Trade Centre, Nauroji Nagar
    22 May 2025

    ճԹ and PFC sign an MOU for interior fit-out works at World Trade Centre, Nauroji Nagar, New Delhi

     
    ճԹ and PFC, signed a Memorandum of Understanding for the execution of interior and fit-out works of its newly acquired office space at Tower-H, World Trade Centre, Nauroji Nagar, New Delhi.
    PFC has purchased a total carpet area of 2,70,758 square feet across all floors (G+9) of Tower-H in the prestigious World Trade Centre complex developed by ճԹ. As part of this collaboration, ճԹ will undertake the complete interior fit-out of PFC’s office space with an estimated project cost of Rs 161.55 crore.
    The MoU was signed by Shri R.P. Singh, CGM (Engg.), ճԹ (India) Limited and Atul Chourasiya, Manager (RDSS), PFC in the presence of Shri K.P. Mahadevaswamy, CMD, ճԹ, Smt. Parminder Chopra, CMD, PFC, Dr Suman Kumar Director (Commercial), ճԹ and other senior officers from both the organisations.
    16 May 2025

    ճԹ successfully conducted e-auction for bulk sale of residential units at Aspire Silicon City, Noida, Uttar Pradesh

    • • The auction realised a sale of Rs 1467.93 crore
    • • Total sale price of Rs 9695.85 crore was realised through e-auction of 5 projects
    ճԹ (India) Limited successfully concluded the e-auction of 446 residential units with 13.84 lakh sq. ft. saleable area at Aspire Silicon City, Noida, achieving a total sale price of Rs. 1467.93crore. The high-stakes auction received an overwhelming response with bids well above the reserve price. The funds will go towards repayment of bank loans as well as reducing the funding requirement of ongoing projects.
    A project monitored by the Hon'ble Supreme Court, Aspire Silicon City project has state-of-the-art facilities and strategic location making it a popular investment opportunity. This sale will prove to be a milestone in completing the stalled Amrapali projects and will fulfill the dream of many homebuyers to own a home.
    Till date, e-auctions have been completed for 5 new FAR projects of Amrapali (Aspire Golf ճԹs, Aspire Centurion Park, Aspire Dream Valley, Aspire Leisure Park and Aspire Silicon City) comprising a total of 4470 residential units (saleable area of 11.874 million sq. ft.) with a total sale value of Rs. 9695.85 crore.
    With this successful transaction, ճԹ has strengthened its position as a leading real estate developer in India and also holds the distinction of being the only PSU in this sector in India and has set a new benchmark for transparent and competitive property sales through a digital platform. It is believed that the success of this e-auction will further boost investor confidence in the sector and establish ճԹ as a leader in the execution of distressed asset projects and bring relief to thousands of affected home buyers of Noida/Greater Noida (West), Uttar Pradesh.
    Collage
    02 May 2025

    ճԹ and CII Forge Strategic Collaboration to Establish Multi Skill Training Institute and Model Career Centre in Delhi

     
    In a significant move to bridge India’s skill gap and enhance employability, ճԹ and Confederation of Indian Industry (CII) have signed a Memorandum of Understanding (MoU) to establish a Multi Skill Training Institute (MSTI) and a Model Career Centre (MCC) at Ghitorni, Delhi. This collaboration will empower India’s youth by providing industry-relevant skills, facilitating employability, and fostering economic growth.
    The MoU was signed by Shri Sougata Roy Choudhury, Executive Director, CII and Shri Manas Kaviraj, Senior Executive Director (HRM/Admin/CC), ճԹ in the presence Shri K.P. Mahadevaswamy, CMD, ճԹ, Dr. Suman Kumar, Director (Commercial), ճԹ, Shri Anjeev Kumar Jain, Director (Finance), ճԹ and other senior officials from both the organizations. The partnership marks a decisive step toward aligning the national workforce with the evolving demands of India’s rapidly growing economy.
    In the first phase of the collaboration, which will take place in FY25-26, the training programs will impact over 8,000 youth across Delhi and surrounding regions, ensuring that they are equipped with skills that align with the industry’s evolving needs.Through career counselling, job fairs and industry linkages, the program will facilitate direct placements, ensuring that the youth are not only trained but also provided with clear pathways to employment.The program will offer industry-aligned bridge courses aimed at reskilling and upskilling youth, preparing them for the modern workforce in sectors like construction, banking, healthcare, hospitality and more.
    InThe initiative will focus on providing skills training across key sectors, fostering direct employment linkages and enabling industry-relevant certifications to ensure that graduates of the program are ready to meet the needs of employers. The establishment of MSTI and MCC will be an innovative and collaborative effort to create a robust model of skills development, encompassing both training and career support and will set the stage for the future of India’s workforce.
    This initiative aligns with the Government of India’s broader skill development goals. Through this partnership, CII and ճԹ are directly contributing to India’s vision of a skilled workforce that can propel the economy forward.
    Collage
    02 May 2025

    Celebrating the Spirit of the Workforce,ճԹ observes Labour Day 2025 with welfare initiatives

     
    On the occasion of International Labour Day 2025, ճԹ (India) Limitedpaid tribute to the invaluable contribution of its site workforce — the Shramjeevis — by carrying out extensive welfare drives encompassing medical camps, food distribution, insurance facilitation and educational support for worker’s families at several of its project sites which benefitted more than 3000 workers.
    At ճԹ’s Corporate Office, Senior Executive Director (HRM/Admin) and GM (Admin), led the celebration by distributing food packets to support staff including housekeeping, canteen, and security personnel — a gesture that symbolized the company’s deep respect for those who serve behind the scenes every day.Led by RBGs/SBGs and with the support of employees, similar sentiments translated into impactful action across project locations nationwide.
    Amrapali projects covering Silicon City, Leisure Valley, Leisure Park, Golf ճԹs and Centurion Park in Noida/Gr. Noida celebrated Labour Day with enthusiasm and participation. The presence of RLC (Central) further elevated the event, which featured medical check-up camps, food packet distribution and E-Shram enrolment of workers, granting them access to ₹5 lakh in medical insurance and ₹2 lakh in accidental insurance coverage. Stationery kits were also gifted to the children of workers, emphasizing the importance of education in shaping a better and more secure future.
    In Delhi various redevelopment projects like Sarojini Nagar and Netaji Nagar in collaboration with various hospitals organized the medical camps and ensured that workers had direct access to healthcare services. At the Bharat Vandana Park site in New Delhi, food packets were distributed to the workforce engaged in developing this significant public space.
    The spirit of appreciation extended to ճԹ project sites in Northeast covering Mizoram, Manipur, Assam, Tripura, Sikkim etc. wherein medical camps were held at project sites like NIT Sikkim Unakoti (Tripura), Core Depository OIL Guwahati, IBBF Mizoram, NIT Sikkim etc. Further, medical camps were also organised at various ճԹ projects sites like NLU Cuttack, IIFT Kakinada, IIM Visakhapatnam, Pondicherry Smart City, Sabrimala project, Kerala etc.
    ճԹ also organized medical camp for its workforce In Maldives at its 2000 Social Housing Units, Hulhumale site.
    ճԹ’s commitment to its workforce extends far beyond Labour Day. The company regularly organizes health camps, safety training, insurance enrolment drives, food distributions and welfare outreach programs as part of its holistic project execution model.
    Rooted in its vision to be a world-class Public Sector Enterprise and guided by a mission of delivering sustainable, ethical and inclusive infrastructure solutions, ճԹ continues to lead by example. As the country progresses towards new urban horizons, ճԹ proudly ensures that its growth remains human-centric and equitable.
    Collage
    11 APR 2025

    ճԹ successfully concludes E-Auction for bulk sale of residential units at Aspire leisure park, Greater Noida (W), U.P. • SALE VALUE OF RS. 1153.13 CRORE ACHIEVED IN THIS AUCTION • TOTAL OF SALE VALUE OF RS. 8227.92 CRORE ACHIEVED THROUGH E-AUCTION OF 4 PROJECTS

     
    ճԹ (India) Ltd. has successfully e-auctioned 560 residential units with a saleable area of 14.60 lakh sq. ft. at Aspire Leisure Park, Greater Noida (W) through an e-auction, garnering a total sale value of Rs. 1153.13 Cr. The high-stake auction witnessed an overwhelming response, with bids significantly exceeding the reserve price. The fund shall mitigate the fund requirement of ongoing projects including bank loan payment.
    The Aspire Leisure Park project, being monitored by Hon’ble Supreme Court will feature state-of-the-art amenities and strategic location, making it a sought-after investment opportunity. This sale will be instrumental in completion of the stalled Amrapali Projects and fulfil the dreams of owning their homes by many home buyers.
    Till date, e-auction for 4 new FAR projects of Amrapali -(Aspire Golf ճԹs, Aspire Centurian Park, Aspire Dream Valley and Aspire Leisure Park) with a total of 4024 residential units (having saleable area of 10.49 million sq. ft.) have been completed with a total sale value of Rs. 8227.92 Cr.
    With this successful transaction, ճԹ has reinforced its position as a leading real estate developer along with the distinction of being the only PSU in this sector in India, setting a new benchmark for transparent and competitive property sales through digital platform. It is believed that this e-auction success will further bolster investor confidence in the sector and establish ճԹ as a pioneer in executing stressed asset projects and bringing relief to thousands of affected homebuyers of Noida/Gr.Noida(w), U.P.
    10 APR 2025

    ճԹ successfully concludes E-Auction of bulk sale of residential units at Aspire Dream Valley, Greater Noida(W), U.P. Sale value of over Rs. 1500 crore achieved

     
    In a landmark real estate transaction, ճԹ (India) Ltd. has successfully e-auctioned 1185 residential units at Aspire Dream Valley, Greater Noida (W) through an e-auction, garnering a total sale value of Rs. 1504.69 cr. The high-stakes auction witnessed an overwhelming response, with bids significantly exceeding the reserve price. The fund shall mitigate the fund requirement of ongoing projects including bank loan payment.
    The Dream Valley project, a Hon’ble Supreme Court-monitored project, is known for its state-of-the-art amenities and strategic location, making it a sought-after investment opportunity. This sale will be instrumental in completion of the stalled Amrapali Projects and fulfil the dreams of owning their homes by many home buyers. The generated fund shall also be able to reduce the piling up of stalled projects of Noida/Gr.Noida substantially once the existing units get completed.
    With this successful transaction, ճԹ has reinforced its position as a leading real estate developer and the only PSU in the sector in India setting a new benchmark for transparent and competitive property sales through digital platform. It is believed that this e-auction success will further bolster investor confidence in the sector and establish ճԹ as a pioneer in executing stressed asset projects and bringing relief to thousands of affected homebuyers of Noida/Gr.Noida.
    Collage
    08 APR 2025

    ճԹ and RailTel sign MoU to develop data centre projects

     
    ճԹ (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, has signed a strategic Memorandum of Understanding (MoU) with RailTel Corporation of India Limited (RAILTEL), a Miniratna PSU under the Ministry of Railways, to collaborate in developing Data Centre projects from ‘concept to commissioning’ across India and overseas for a period of five years.
    The MoU was signed by Shri Pradeep Sharma, ED (BD), ճԹ and Shri J.S.Marwah, Company Secretary and GM (Law) in the presence of Shri K.P. Mahadevaswamy, CMD, ճԹ and Shri Sanjai Kumar, CMD, RailTel along with Shri Saleem Ahmad, Director (Projects), ճԹ, Dr. Suman Kumar, Director (Commercial), ճԹ, Shri Anjeev Kumar Jain, Director (Finance), ճԹ and other senior officials from both organizations.
    As per the MoU, ճԹ will offer Project Management Consultancy (PMC) services for the construction of Data Centre buildings and associated civil/passive infrastructure, while RailTel will provide expertise in planning, designing, supply, installation, testing, commissioning (SITC), and Operations & Maintenance (O&M) of IT-related infrastructure for Data Centres.
    This collaboration is designed to leverage the core competencies of both organizations, enabling them to supplement each other’s capabilities and enhance client acquisition and service delivery efficiency on a long-term, sustainable basis.
    Collage
    03 APR 2025

    ճԹ Achieves Five Star GRIHA Green Rating for Vanijya Bhawan: A Benchmark in Sustainable Infrastructure

     
    Nbcc (india) ltd. has successfully completed vanijya bhawan, a state-of-the-art office complex for the ministry of commerce & industry at akbar road, new delhi. this modern structure, blending classic lutyens' delhi aesthetics with cutting-edge sustainability, has been provisionally awarded the prestigious griha green rating, showcasing nbcc’s commitment to sustainable and eco-friendly infrastructure.
    Inaugurated by the Hon’ble Prime Minister on June 23, 2022, Vanijya Bhawan stands as a symbol of smart and sustainable construction. Built with an investment of Rs.226.84 crore, the complex features advanced Building Management Systems, renewable energy solutions and efficient water conservation technologies. A 60 KW rooftop solar system, rainwater harvesting and high energy efficiency standards make it a benchmark for green buildings in India.
    Vanijya Bhawan incorporates universal accessibility features, including Braille-enabled handrails, tactile paving and contrasting color treads for visually impaired individuals. Additionally, the building ensures enhanced security with a three-tier biometric access system and 24/7 CCTV surveillance, making it a model for both inclusivity and safety.
    This achievement strengthens ճԹ’s position as a leader in India’s infrastructure sector, driving sustainable and innovative developments.
    Collage
    03 APR 2025

    ճԹ CMD K.P. Mahadevaswamy Assumes Chairmanship of SCOPE

     
    Shri K.P. Mahadevaswamy, Chairman and Managing Director of ճԹ (India) Limited, has taken charge as the Chairperson of the Standing Conference of Public Enterprises (SCOPE). In the recently concluded Biennial Elections of SCOPE, Shri Mahadevaswamy secured a decisive victory. He officially assumed office on April 1, 2025, for a tenure of two years, in accordance with the provisions outlined in the Memorandum and Articles of Association
    Expressing his gratitude, Shri Mahadevaswamy stated, “The increased participation of Public Sector Enterprises (PSEs) in these elections reflects the growing confidence of member PSEs in SCOPE. With the new leadership in place, SCOPE is committed to implementing more impactful initiatives to further strengthen and enhance the role of the public sector.”
    His leadership is expected to usher in a new era of collaboration and progress for PSEs, reinforcing their contribution to national development.
    Collage
    03 APR 2025

    ճԹ Brings Hope to Young Minds with ‘CBI Vatsalya Preschool’

     
    ճԹ (India) Ltd. continues to demonstrate its commitment to social responsibility with the successful completion and handover of ‘CBI Vatsalya Preschool’ at CBI Colony, Vasant Vihar, New Delhi. Developed under its Corporate Social Responsibility (CSR) initiative, this state-of-the-art preschool was completed in a record 63 days, despite construction halts due to GRAP restrictions. Typically requiring 150 days, the project showcases ճԹ’s efficiency and commitment to timely execution.
    The preschool was inaugurated on 2.04.2025 by Shri Praveen Sood (IPS), Director, CBI, in the presence of Shri K.P. Mahadevaswamy, CMD, ճԹ, along with senior officials from ճԹ and CBI. The event highlighted ճԹ’s commitment to providing quality education and supporting the community.
    Designed to foster creativity, curiosity and social development, ‘CBI Vatsalya Preschool’ features bright classrooms, child-friendly infrastructure, and modern amenities. The facility is structured to provide a holistic learning environment, helping children build a strong foundation for their future.
    The inauguration reflects ճԹ’s commitment to social impact, particularly in the areas of education, healthcare and community welfare. Through initiatives like this, ճԹ continues to play a vital role in improving lives and contributing to a more inclusive and sustainable society.
    The event concluded with a tree plantation drive and a tour of the facility, where children and their families were given a glimpse of the opportunities awaiting them in this new learning space.
    Archival

    ABOUT US

    ճԹ (India) Ltd., a central public sector enterprise under the Ministry of Housing & Urban Affairs, offers value-added construction services, backed by a committed and motivated workforce. At ճԹ, we take great pride in our innovative approach and high quality delivery mechanisms and strive to build on them every day.

    Explore

    CORPORATE OFFICE

    • ճԹ Bhawan, Lodhi Road
    • New Delhi, INDIA 110 003
    • 011 - 24367314/15/16/17
    • bdd[at]nbccindia[dot]com

    CHAIRMAN DESK


    Disclaimer: ճԹ is not responsible for any inadvertent error that may have crept in the information being published on NET. No of Hits: 12712600 Last Updated: 14-Aug-2026