NCCCL wins Rs. 112.5 crore construction contract for Alibaug project from Lodha

New Consolidated Construction Company Ltd (NCCCL) has bagged a Rs. 112.5 crore contract from realty firm Lodha Developers.

In a statement on Monday, the company said it has received a Letter of Award from Lodha Developers Ltd for the construction of Tower 1 and associated non-tower ancillary structures at a residential development in Alibaug near Mumbai.

"Awarded through a competitive bidding process, the mandate involves a total built-up area of approximately 7.26 lakh sq ft, with an estimated contract value of ₹112.5 crore (exclusive of GST)," NCCCL said.

Construction at the Alibaug site is expected to commence around mid-January 2026, with an estimated execution period of approximately 24 months.

This is NCCCL's third contract with the Lodha Group, following the completion of a residential project at Palava spanning about 13 lakh sq ft across 11 towers, and a commercial building in Thane.

Established in 1946, Mumbai-based NCCCL is an engineering and construction company. It constructs residential, commercial, industrial, and institutional projects.