Capacit’e Infraprojects bags ₹220 crore order from Raymond subsidiary TenX Realty
Team Finance Saathi
15/Apr/2025

What's covered under the Article:
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Capacit’e Infraprojects has received an LOI worth ₹220 crore from TenX Realty for The Address by GS project in Bandra East.
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The project includes civil core and shell works across 2 basements, 23 floors, and non-tower areas.
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The company highlights this as a repeat order, underscoring client trust and consistent delivery.
Capacit’e Infraprojects Limited, a key player in the construction and infrastructure space, has recently received a Letter of Intent (LOI) worth ₹220 crore from TenX Realty Limited, a step-down subsidiary of Raymond Limited. This project pertains to the civil core and shell construction for The Address by GS – Bandra Project, located at Nirmal Nagar, Off Western Express Highway, Bandra (East), Mumbai.
This new win is a significant milestone in Capacit’e’s growing portfolio of prestigious and large-scale construction contracts, especially in the high-end real estate segment.
Project Details:
The newly awarded contract encompasses a comprehensive range of civil works, including:
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2 Basement levels
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Ground floor plus 23 upper floors
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Non-tower construction areas
The project is located in a prime urban location in Bandra (East), one of Mumbai's most sought-after commercial and residential hubs. The work scope clearly indicates that Capacit’e Infraprojects will be handling end-to-end structural and shell construction, ensuring timely delivery and high-quality execution.
Client Relationship and Repeat Business:
One of the most noteworthy aspects of this project is that it is a repeat order from the real estate arm of Raymond Group. Mr. Rahul Katyal, Managing Director of Capacit’e Infraprojects, expressed delight at receiving yet another prestigious assignment from a valued client:
“We are thrilled to have been entrusted by our valued client, Raymond Limited's Realty Division, with repeat orders through TenX Realty Limited. This speaks volumes about the strength of our partnership and our commitment to exceptional service.”
Repeat orders in the infrastructure and construction industry are a strong indicator of trust and reliability, and Capacit’e Infraprojects has clearly emerged as a dependable partner for large developers in the real estate space.
Focus on Quality and Timely Execution:
Capacit’e’s project execution record has always been focused on quality construction, timely delivery, and client satisfaction. As shared by Mr. Katyal:
“With a strong track record of project delivery, we’re confident in our ability to meet timelines and exceed client expectations. At Capacit’e, we’re dedicated to expanding our portfolio with quality orders and showcasing our growing expertise in project execution.”
This particular project in Bandra aligns with the company’s larger vision of expanding its presence across high-value urban infrastructure projects, especially in metro cities like Mumbai.
About Capacit’e Infraprojects Limited:
Capacit’e Infraprojects is a Mumbai-based construction company that focuses primarily on the residential, commercial, and institutional sectors. Over the years, it has developed a strong reputation for:
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Specialised high-rise construction
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Turnkey project execution
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Leveraging modern construction technologies
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Maintaining strict quality control systems
The company’s consistent growth and contract wins indicate its robust operational framework and trust among India’s top developers.
About TenX Realty Limited & Raymond’s Realty Division:
TenX Realty Limited is a step-down subsidiary of Raymond Limited, managing Raymond’s foray into real estate through premium residential and commercial developments. The Address by GS, where this project is being undertaken, is one of Raymond Realty's flagship residential ventures, catering to luxury urban living in the heart of Mumbai.
Raymond Realty has been expanding its footprint in Mumbai’s real estate sector, and partnerships with firms like Capacit’e help bring technical excellence to these projects.
Strategic Importance of the Bandra Project:
Bandra East is rapidly becoming one of Mumbai’s prime zones for both residential and commercial infrastructure. With excellent connectivity via Western Express Highway, proximity to Bandra-Kurla Complex (BKC), and rising real estate demand, this location holds immense promise for developers.
For Capacit’e, executing a landmark project in such a strategically significant location not only builds credibility but also places the company in the spotlight for future mega urban development contracts.
Vision for the Future:
Capacit’e Infraprojects continues to stay agile and focused on quality-led expansion. The company has made its intentions clear:
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It is actively seeking large-scale, high-value contracts.
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It is committed to maintaining strict timelines and customer satisfaction.
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It is leveraging its existing client base for repeat and referral business, as proven by the Raymond order.
With this approach, Capacit’e is positioning itself as a top-tier infrastructure partner for India’s growing urban development ecosystem.
Conclusion:
This latest ₹220 crore contract win from TenX Realty Limited marks another major step forward for Capacit’e Infraprojects Limited in its journey toward becoming one of India’s leading civil construction firms.
The company’s ability to consistently deliver, maintain long-standing client relationships, and win repeat orders highlights its operational strength and industry reputation.
As Mumbai and other Indian metro cities continue to urbanise, the demand for skilled civil construction partners will only grow—Capacit’e appears well-equipped to take on that challenge.
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