Tata Realty and Infrastructure Ltd (TRIL) has awarded Leighton Welspun a new project to develop five residential towers on prime real estate in Kochi, according to the company statement.
This is Leighton Welspun’s second project from TRIL. The first project from TRIL, which Leighton Welspun had completed, is the Ramanujan IT Park project under India's first major alliance contract in the construction sector.
The work on the Rs 286 crore project will commence immediately and is it scheduled to be completed in 2014. “The company’s reputation has been built on the basis of our ability to successfully deliver complex projects on time and to exacting standards. The award of this project by TRIL is especially pleasing as it reflects a strong confidence in our capabilities by a reputed multinational organization. We are also very pleased to be securing such an iconic project and look forward to delivering further projects with TRIL,” Russell Waugh, Managing Director, LWIN, said.
“Leighton would add tremendous value to the quality of construction in making the Tritvam residential project amongst the finest in Kochi,” Sanjay Ubale, Managing Director, TRIL, stated.