Globe Civil Projects Limited Secures Rs 98.85 Crore Residential Project at IIT Delhi Extension Campus
New Delhi [India], February 28: (NSE: GLOBECIVIL | BSE: 544424), a company engaged in civil construction and infrastructure development, announced that it has been identified as Lowest Bidder in the tender process for a construction project floated by the Indian Institute of Technology Delhi. The project pertains to the construction of a Residential Building (3B+G+11) [...]
New Delhi [India], February 28: (NSE: GLOBECIVIL | BSE: 544424), a company engaged in civil construction and infrastructure development, announced that it has been identified as Lowest Bidder in the tender process for a construction project floated by the Indian Institute of Technology Delhi. The project pertains to the construction of a Residential Building (3B+G+11) including allied services at the IIT Delhi Extension Campus, Sector-3, R.K. Puram, New Delhi.
The total project value stands at ₹98.85 crore, with a stipulated completion period of 18 months. The tender was opened on February 27, 2026, through the Government E-Procurement System, and the Company has been identified as Lowest Bidder forthe project. The formal Letter of Award is expected to be issued in due course.
This development constitutes a major expansion of the Company’s order book and reaffirms its proven capabilities in delivering large-scale institutional and government infrastructure projects. The project is poised to further solidify Globe Civil Projects Limited’s leadership in the public infrastructure domain, while ensuring sustained revenue visibility and supporting the Company’s trajectory of long-term growth.
