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SAAG RR Infra bags contract worth Rs 14.30 crore

01 Jun 2011 Evaluate

SAAG RR Infra has secured a contract worth Rs 14.30 crore from CORDON BLEU Properties & Infrastructures. The contract is for civil and structural works (excluding finishes) for Basement - Phase 1 and Block A of Central Park at Saravanampatti, Coimbatore. The work is schedule to commence on June 01, 2011 and the contract period is 18 months from commencement date.

Last year in December, SAAG RR Infra bagged a letter of award worth Rs 42 crore from Garisan Etika Bangladesh wherein SAAG RR had been selected as the nominated subcontractor for civil, preliminaries and mobilization work for the 2x36 MW combined Cycle Power Plant at Adamjee Export Processing Zone, Bangladesh.

Saag RR Infra is a subsidiary of SAAG Consolidated (M) BHD, Malaysia. The main objective of the company is to add value and excellence to development and maintenance of infrastructure across India and to perform an important role in enabling the industry to excel.

CORDON BLEU Properties & Infrastructures was formed with an aim of creating quality residential, commercial and hospitality spaces. It is promoted by Kaniska and Knitprime group, from garment export field who cater to various premium brands in the world.

Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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