EMS wins Rs 272.88 crore contract for multi-storeyed housing project in Noida

EMS Limited has received the Letter of Award (LoA) for the civil (Structure & Finishing) and MEP (Mechanical, Electrical, and Plumbing) works for the highly anticipated “ORCHARDS” Multi-storeyed Group Housing Project at Jaypee Wish Town, Noida, Uttar Pradesh. This major contract has been awarded by Jaypee Infratech Limited and is valued at approximately Rs. 272.89 crore (excluding GST).

Project Overview

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The awarded project covers civil and MEP works for multiple towers, specifically:

  • Towers OCA-1 to OCA-3 (2B+S+P/UG+33)
  • Towers OCB-1 to OCB-5 (2B+S+P/UG+38)

This large-scale residential project is a key development in Noida’s real estate sector and is expected to bring modern infrastructure and world-class amenities to the region.

Key Details of the Contract

Particulars Details
Awarding Entity Jaypee Infratech Limited
Nature of Work Civil (Structure & Finishing) and MEP Works
Project Location Jaypee Wish Town, Noida, Uttar Pradesh
Order Value Rs. 27288.65 lakhs (excluding GST)
Time for Completion 24 Months
Type of Contract Domestic Entity (Letter of Award)

In the meantime, EMS shares closed yesterday at ₹650.50, down from the opening price of ₹678.00. The stock hit a high of ₹682.00 and a low of ₹637.60 during the session. The stock remains volatile, with a 52-week high of ₹1,016.00 and a low of ₹356.15.