Lodha Developers (LDPL) has reportedly bought 5 acres of prime land in Mumbai’s Jogeshwari suburb from Patel Engineering for Rs 376 crore. The deal is part of the implementation of the Scheme for Sustainable Structuring of Stressed Assets (S4A) in the company.
Patel Engineering provides a wide range of civil engineering services involved in design and construction of power projeccts, hydroeletric projects, commercial building, industrial complexes, dams, tunnels, underground structures, steel and concrete structures, bridges, marine works, flyovers and national highways in India and abroad.