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RDB Realty enters into JV agreement with HYT Engineering

14 Sep 2018 Evaluate

RDB Realty & Infrastructure has entered into a Joint Venture (JV) Agreement with HYT Engineering Company and the name of the JV is ‘HYT-RDBRIL (JV)’.

The JV partners, through the JV, will carry out the work of Augmentation of POH Capacity from 400 to 500 wagons per month at Wagon Repair Shop, Raipur, South East Central Railway. This work has been awarded vide letter of acceptance (LOA) by the Central Organization for Modernisation of Workshops (Indian Railways), Railway Offices Complex, Tilak Bridge, New Delhi.

RDB Realty and Infrastructure focuses on real estate development and related activities in India. It engages in the acquisition and development of land, as well as the construction of residential, commercial, and various real estate and infrastructural projects.

Peers
Company Name CMP
Lodha Developers 1113.00
Prestige EstatesProj 1505.00
Dilip Buildcon 403.85
DLF 643.60
Oberoi Realty 1747.40
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