Dilip Buildcon Ltd has emerged as the lowest bidder (L1) for the estimated 901.43 INR-Crore Srinagar Satellite Township project. The project, floated by NBCC (India) Ltd, will be developed in Jammu and Kashmir.
The Development of Satellite Township Phase-I, Package-3 (Group Housing 02), will be executed at Rakh Gund Aksha, Bemina, Srinagar. It involves the construction of a group housing complex along with allied infrastructure works on an Engineering, Procurement, and Construction (EPC) basis. According to the company’s exchange filing, the Dilip Buildcon Srinagar township contract includes a two-year operation and maintenance period after completion.
Also Read: Srinagar Satellite Township: A Landmark Development in Urban Planning
Moreover, the project covers the entire execution cycle, from planning and engineering to construction and post-completion support. The Dilip Buildcon Srinagar township development is expected to enhance housing infrastructure in the region. Furthermore, it will support urban expansion and contribute to the planned satellite township around Srinagar.
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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
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