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Ahluwalia Contracts receives arbitration award of Rs 31 crore

26 Jun 2020 Evaluate

Ahluwalia Contracts India has received an Award pronounced by Arbitral Tribunal of Sole Arbitrator against contract pertaining to Renovation of SPM Swimming Pool Complex, New Delhi for an amount of Approximately Rs 31 crore plus interest. The Award is subject to challenge by the opposite party within the prescribed period provided in the Arbitration and Conciliation Act 1996 (Amended).

Ahluwalia Contracts (India) is engaged in providing construction related services including design on turnkey basis and assuring timely completion of projects within budget and with excellent quality.

Peers
Company Name CMP
Lodha Developers 1143.40
Prestige EstatesProj 1472.65
Dilip Buildcon 423.25
DLF 671.35
Oberoi Realty 1844.00
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