PSP Projects Limited has secured new work orders totaling INR 554.92 crores, including multiple construction projects in Bangalore and Ahmedabad. The company has been entrusted with significant assignments, including the construction of the Gold Stone Hotel and commercial towers in Bangalore, Karnataka, along with the development of residential towers in Ahmedabad, Gujarat. These orders come as a major boost for PSP Projects' portfolio and reflect their growing presence in the institutional and real estate sectors.

The first work order, valued at INR 389.29 crores, pertains to the construction of Gold Stone Hotel and accompanying commercial towers in Bangalore. This prestigious project will be executed under the institutional category and is expected to be completed within 22 months for the hotel and 16 months for the commercial towers.

Additionally, PSP Projects has been awarded a residential construction order in Ahmedabad, valued at INR 165.04 crores. This project, comprising residential towers, will be completed over a span of 24 months. These projects further cement PSP’s role in delivering high-quality construction services across key Indian cities.

With the receipt of these orders, PSP Projects has achieved a total order inflow of INR 1444.91 crores for the financial year 2024-25. The company continues to excel in large-scale construction projects, with a focus on timely delivery and quality execution.

None of the promoters, promoter groups, or group companies have any interest in the entities awarding these contracts. Additionally, these orders do not fall under related party transactions. All the orders have been received from domestic entities and will be executed within the country.

PSP Projects' ability to secure these substantial contracts reinforces its leadership in the construction industry, especially in institutional and real estate sectors. This achievement highlights the company’s expertise in managing complex projects and delivering them within stipulated timeframes.

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With these new work orders, PSP Projects Limited continues to strengthen its position as a reliable player in the construction industry, contributing to the development of urban infrastructure and real estate growth across India.