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Realty major Emaar India has awarded a ₹100-crore contract to construction firm Capacit’e Infraprojects Ltd (CIL) for its upcoming mixed-use commercial project in Gurgaon.
The scope of work for the contract includes construction and development of the entire project Colonnade, which offers 1.33 lakh sq ft of retail spaces, the company said in a statement. The project will also have serviced apartments.
Mumbai-based CIL undertakes construction of residential, commercial and institutional buildings in Mumbai Metropolitan Region, National Capital Region, Bengaluru and other major cities spread across India.
“Emaar India is swiftly moving forward with the sole aim to fast track and deliver all our projects with necessary deployment of resources,” said Ashish Jerath, Head of Sales, Emaar India.
The company, which is facing buyers’ complaints and protests due to delay in project completion, said: “At present, almost 8,000 labourers are working at various sites of the developer, as against 500 in April 2016.
“The company aims to increase this workforce to five figures at various projects.”
Emaar India has even started sharing project completion schedules with detailed timeline for achievement of specific milestones for all projects with its customers, and the same information is also available on its website, the statement said.
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