New Consolidated Construction Company Limited (NCCCL), one of India’s most established engineering and construction firms, has received a Letter of Award from Lodha Developers Limited for the construction of Tower 1 and associated non‑tower structures at Lodha Alibaug, the group’s flagship township project in Mandwa, Alibaug.
The project marks the first residential tower within the 200+ acre development and forms part of Phase 1. NCCCL’s scope includes reinforced cement concrete (RCC) works, covering the project’s core structural package — among the most execution‑intensive and schedule‑critical components of a high‑rise residential build.
Awarded through a competitive bidding process, the mandate covers a built‑up area of 7.26 lakh sq. ft. with a contract value of ₹112.5 crore (exclusive of GST). The tower configuration includes a G+3 podium with 35 upper floors, overhead tanks, lift machine rooms, and G+3 non‑tower ancillary structures.
Mahesh Mudda, Vice Chairman and Managing Director, NCCCL, said: “This mandate reinforces the depth of our working relationship with Lodha Developers. Selection through a competitive process underscores the importance placed on execution capability, planning discipline, and governance across extended construction cycles.”
Construction will adopt a monolithic RCC system with aluminium formwork (Aluform), a methodology widely used for high‑rise projects requiring speed, consistency, and precision. NCCCL’s track record with such systems across comparable developments underpins its execution strategy here.
Himanshu Vakharia, Executive Director – Operations, NCCCL, added: “Large residential projects demand sustained execution reliability over long timelines. Our experience across asset classes and geographies allows us to integrate engineering coordination, workforce readiness, quality controls, and process discipline to deliver predictable outcomes.”
This engagement marks NCCCL’s third collaboration with the Lodha Group, following the completion of a 13 lakh sq. ft. residential project at Palava and a commercial building in Thane. Construction at Mandwa, Alibaug is expected to begin by mid‑January 2026, with an execution timeline of approximately 24 months.
