Ahluwalia Contracts (India) Limited has informed the Exchange about General Updates
AHLUCONT · price
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Ahluwalia Contracts has secured a Rs. 396.50 Crores (excluding GST) order from Godrej Properties Ltd for a residential housing project called Godrej Riverine in Sector-44, Noida. The scope covers core and shell construction works across four towers (T1–T4), including club, retail, boundary wall, rainwater harvesting, waterproofing, and lightning protection works. The project is entirely domestic with a 25-month execution timeline. There is no promoter or related-party interest in the awarding entity.
This is a sizeable new order that strengthens the company's order book and provides revenue visibility over the next two years. It signals continued demand in the residential real estate segment and is a positive for the stock in the near term.