Ahluwalia Contracts (India) Limited, a renowned player in India’s engineering, construction, and infrastructure development sector, has announced a significant business development in the form of two new domestic housing project orders aggregating to a total value of ₹1103.56 crore. This disclosure was made to the BSE, NSE, and Calcutta Stock Exchange on June 27, 2025, in compliance with Clause 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This substantial inflow of orders further reinforces Ahluwalia Contracts' stronghold in the urban residential and luxury housing construction segment.

Breakdown of the Orders

The company has received two separate contracts from leading private developers. Here are the project-wise details:

1. Project from Whiteland Corporation Pvt. Ltd and Nestled Haven Estates Pvt. Ltd

• Project Name: "Urban Resort"

• Location: Sector-103, Gurugram

• Nature of Work: Construction of a high-end residential housing project including the complete development of residential towers under the Urban Resort luxury housing initiative

• Project Value: ₹821 crore (excluding GST)

• Execution Timeline: 36 months from commencement

• Awarding Entity: Whiteland Corporation Pvt. Ltd. and Nestled Haven Estates Pvt. Ltd.

• Nature: Domestic and not a related party transaction

• Project Scope: Civil construction including structural and allied works for multiple high-rise towers in the luxury housing segment

2. Project from Maia Estates Pvt. Ltd.

• Project Name: The Beacon

• Location: Bengaluru – 560024

• Nature of Work: Civil structure and architectural finishing works for 7 residential towers under the "The Beacon" project

• Project Value: ₹282.56 crore (excluding GST)

• Execution Timeline: 32 months

• Awarding Entity: Maia Estates Pvt. Ltd.

• Nature: Domestic and not a related party transaction

• Project Scope: Comprehensive finishing and structural work, showcasing Ahluwalia’s capabilities in premium housing construction

Key Regulatory Disclosures

The company clarified in its disclosure that:

• These orders are not related party transactions, and there is no involvement of promoter/promoter group companies in any of the entities that awarded the contracts.

• The disclosures are in line with Clause 30 of SEBI (LODR) Regulations, 2015, under material events related to order wins or project awards.

• All contracts are domestic in nature and represent organic order book growth.

Significance of the Orders

This dual project acquisition marks an important development in the company’s growth strategy in the real estate vertical, particularly in the luxury and high-rise residential construction domain.

The Gurugram project, titled Urban Resort, is expected to significantly enhance the company’s visibility in Delhi NCR’s luxury real estate market, while the Bengaluru-based Beacon project reinforces its strong execution track record in Southern India.

Combined value: ₹1103.56 crore (₹821 Cr + ₹282.56 Cr) makes this one of the most substantial recent wins for Ahluwalia Contracts in FY2025–26 so far.

Strategic Positioning and Market Outlook

Ahluwalia Contracts continues to maintain a strong order book across multiple verticals, including:

• Commercial buildings

• Healthcare facilities

• Educational institutions

• Hospitality structures

• High-rise residential projects

With an expanding footprint across metros like Delhi, Mumbai, Bengaluru, and Hyderabad, the company is expected to benefit from the resurgence in urban housing demand.

The company is known for:

• On-time delivery

• High quality construction standards

• Compliance with ESG and safety norms

• Adherence to cost and execution discipline

The new orders will provide revenue visibility over the next 2.5 to 3 years, offering robust top-line support and margin stability through effective project management and cost control.

Industry Relevance

With the residential housing sector witnessing a revival, especially in metros and urban clusters, construction companies with experience in multi-tower and high-end real estate are poised for growth.

These project wins come at a time when:

• Developers are increasingly outsourcing turnkey projects to specialised civil contractors

• Timely execution and project management are gaining central importance

• Large infrastructure EPC firms like Ahluwalia are leveraging scale and execution track record to win large-value contracts

Conclusion

Ahluwalia Contracts (India) Limited’s announcement of receiving two domestic housing contracts worth a combined ₹1103.56 crore underlines its strong market standing and project execution capabilities. With its rich history in civil construction and design, the company is likely to continue leveraging such opportunities to grow its order book, strengthen margins, and deliver shareholder value in the coming quarters.

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