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Consortium of Capacit'e Infraprojects, Tata Projects Limited and CITIC Construction has received letter of acceptance from Mumbai Housing and Area Development Board (a MHADA Unit) for total contract value of Rs 11,744.26 crore.
"The project will be executed through a Special purpose vehicle in which Capacit'e Infraprojects Limited will have 37.1 percent share worth Rs 4,357.12 crore," the building construction company said in its filing.
Share of Tata Projects Limited in the consortium will be 36.9 percent and CITIC Construction will have 26 percent share.
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