Noida, Uttar Pradesh, 22nd November, 2011: Leighton Welspun Contractors Pvt. Ltd. (LWIN), in conjunction with JV partner INFRA13 Pvt.Ltd., has secured a contract with Wave Infratech Ltd to develop the prestigious Wave II Project - a mixed use building development located in Sector 18, Noida, U.P. The contract is valued at INR 442 crores, (91.25M USD). The Wave 11 development includes retail, cinemas, basement and podium car park levels and two towers totalling over 340,000 m2 of built up area. Overall height of the buildings will be 47 levels reaching a maximum floor height of 182 meters for Tower I, whilst Tower 2 with 32 levels will have a maximum height of 139 meters.
Commenting on the occasion, Mr. Russell Waugh – Managing Director (LWIN) said, “This is a fantastic project and great win for the Company. It is particularly pleasing because it is work for a repeat client, building on our performance and reputation developed through the work done to date on Wave 1. We are also very happy that we have been able to assist Wave Infratech through providing early Value Engineering and constructability inputs on the project."
Work on the project will commence immediately, with piling rigs expected at site to start piling from next week.
Posted Tue, November 22, 2011