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Punj Lloyd today said it has bagged a contract for construction of two commercial buildings in a township being developed by the Hirco Group at its Special Economic Zone at Panvel, Maharashtra.
The township, Hiranandani Palace Gardens, is a part of Hirco’s Panvel SEZ in Maharashtra and is expected to be completed within 24 months.
“The contract entails the construction of two commercial buildings and a podium, adding up to a built—up area of about 2 million square feet. The first of the two buildings will be completed within 12 months,” Punj Lloyd said in a statement.
Hiranandani Palace Gardens is a mixed—use township project, which will boast world class residential complexes, offices, educational institutions, healthcare facilities, etc, once complete, it said, adding that the commercial towers will be built near residential apartments.
“Our goal is always to create high—quality infrastructure that embodies aesthetics, economics, serviceability of the development and sustainability of the environment and we are confident of delivering a world—class commercial set up at the Hiranandani Palace Gardens,” said Punj Lloyd President & CEO, Buildings & Infrastructure (India), Mr S S Raju.
The project is situated near the recently announced Navi Mumbai International Airport and is easily accessible by road and rail. - PTI
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