Capacit'e Infraprojects Secures ₹537 Crore Contract from TenX Realty for Raymond Limited's Thane Project

The company has received a Letter of Intent for the construction of Towers F, G, NTA and a Retail Building as part of the GS-3 and Invictus-2 projects at Thane West. This repeat order reinforces Capacit'e's strong partnership with Raymond Limited's Realty Division.
Capacit'e Infraprojects Secures ₹537 Crore Contract from TenX Realty for Raymond Limited's Thane Project

Mumbai, February 26, 2026: Capacit'e Infraprojects Limited has informed the stock exchanges that it has received a Letter of Intent from TenX Realty Limited (on behalf of Raymond Limited) for a total contract value of approximately ₹537 crore, excluding GST. The order is for the "Construction of Towers F, G, NTA and Retail Building in the Address by GS-3 Project and Invictus-2 Project at Thane West."

Management Commentary

Commenting on the development, Mr. Rahul Katyal, Managing Director of Capacit'e Infraprojects Limited, said, "We are thrilled to have been entrusted by our valued client, Raymond Limited's Realty Division, with repeat orders through TenX Realty Limited (step-down subsidiary of Raymond Limited). We're delighted by the repeat orders, showcasing our strong partnership and dedication to exceptional service."

"With a strong track record of project delivery, we're confident in our ability to meet timelines and exceed client expectations. At Capacit'e, we're dedicated to expanding our portfolio with quality orders and showcasing our growing expertise in project execution," he added.

Related Party Disclosure

The company has confirmed that neither the Promoters, the Promoter Group, nor any Group Companies hold any interest in the entity/entities awarding the contract. Accordingly, this order does not fall within the ambit of related party transactions.

Normal Course of Business

The said work order has been received in the normal course of business and forms part of the company's ordinary civil contracting operations.

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About Capacit'e Infraprojects Limited

Capacit'e Infraprojects Limited has established itself as a quality contractor in the building space, working with almost all major real estate developers in the country. The company focuses sharply on the single segment of buildings, with an emphasis on technology, a robust asset base, and the promoters' rich experience in the EPC space.

Capacit'e provides end-to-end construction services for High Rise and Super High-Rise Buildings, Townships, Mass Housing in the residential space; Office Complexes, IT & ITES Parks in the commercial space; and Hospitality, Healthcare Facilities, Industrial Buildings, and MLCPs in the institutional space.


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