Supreme Infrastructure India Ltd (SIIL), a leading EPC and infrastructure company, has secured a Rs 450 Crore turnkey construction contract for the development of a PAP (Project Affected Persons) housing complex in Mumbai’s Powai area. The project is part of a broader redevelopment initiative being undertaken by BSS Property Ventures and Rajeshwar Property Ventures — entities majority-owned by funds managed by Brookfield.
The Phase 1 scope includes the construction of residential flats with associated infrastructure and MEP (Mechanical, Electrical, and Plumbing) works, across a built-up area of approximately 1.6 million square feet. Once completed, the PAP building will be handed over to the Mumbai Metropolitan Region Development Authority (MMRDA). The project timeline is 36 months.
This residential development forms a key part of a larger 6-acre urban renewal plan, with Phase 1 targeting 2.0 million sq. ft. of development. Brookfield’s investment and operational involvement through the developer entities reflect a long-term commitment to the area, with Phase 2 slated to include 2.5 million sq. ft. of commercial and retail space.
With this win, SIIL’s total order book rises to Rs 1,725 Crores, which includes major projects from clients such as Larsen & Toubro (L&T). The addition further strengthens SIIL’s presence in high-value, urban infrastructure delivery.
Pankaj Sharma, Director— Supreme Infrastructure India Ltd, said: “We’re proud to be part of this significant redevelopment in Powai, particularly one anchored by a global investment group like Brookfield. This project aligns well with our focus on technically demanding, large-scale builds in urban environments. The trust placed in us reflects our execution strength and our ability to meet delivery milestones on complex projects. As Mumbai continues to evolve, we’re committed to supporting inclusive and forward-looking infrastructure that serves the city’s future.”
A formal disclosure regarding this order has been filed with the Bombay Stock Exchange (BSE).
