Garuda Construction Wins ₹1,416 Crore EPC Order for Powai Heights Project in Mumbai

Garuda Construction and Engineering Limited has boosted its project pipeline with a major win, a new high-value contract to build a premium residential development in Mumbai.

Large EPC Contract Strengthens Order Book

Garuda Construction has received a work order valued at approximately ₹1,416 crore for the development and civil construction of three high-end residential towers under the project name ‘Powai Heights’, located at Chandivali, Taluka Ghatkopar, Mumbai. 

The contract has been awarded by Sumer Corporation, with work structured under an EPC (Engineering, Procurement and Construction) agreement. As per the terms shared, execution will commence from the date further commencement clearance is received, and the project is planned to be completed within 60 months.

Growing Project Pipeline

Following this development, Garuda Construction’s total order book now stands at approximately ₹4,876.78 crore, highlighting steady traction in securing large-scale urban development projects. Payment and execution terms will follow the conditions outlined in the agreement.

Read More: Dharan Infra Share Price Hits Upper Circuit After ₹215 Crore Solar Contract Win!

Garuda Construction and Engineering Share Price Performance 

As of November 6, 2025, at 10:47 AM, Garuda Construction and Engineering share price is trading at ₹229.63 per share, reflecting a gain of 2.11% from the previous closing price.

Conclusion

The ₹1,416 crore ‘Powai Heights’ project marks a significant addition to Garuda Construction’s expanding portfolio. With a strong order book and a marquee Mumbai project in hand, the company continues to reinforce its position in India’s premium real estate construction space.

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