Supertech signs Rs 500-cr contract with Abu Dhabi-based firm

Navadha Pandey Updated - January 23, 2018 at 11:19 AM.

Real estate player Supertech Ltd on Monday announced that it has signed a ₹500-crore contract with Abu Dhabi-based Arabian Construction Company for the construction of first phase of Supertech Hues project.

The project is a part of 70-acre Group Housing Residential development project located in Sector 68, Gurgaon.

Arabian Construction Company will bring in a special construction technology — Tunnel Form Technology — to help complete the project in 30 months, Supertech said in a statement.

Apart from reducing labour requirement, this technology will help achieve the slab cycle of 3-4 days and to complete one tower of ground plus 28 floors in eight months, the company added.

Published on August 3, 2015 08:46