Nisus Finance Services Co Limited announced that New Consolidated Construction Company Limited (NCCCL) has secured a substantial contract worth ₹112.50 crore for the construction of the first residential tower in Lodha's ambitious development project in Mandwa, Alibaug. This contract marks NCCCL's third engagement with the Lodha Group and represents a significant milestone for the construction company.

Project Specifications and Scope

The contract encompasses the construction of Tower 1 and associated non-tower ancillary structures at Lodha Alibaug, covering a total built-up area of approximately 7.26 lakh sq. ft. The project involves reinforced cement concrete (RCC) works for the core structural package, representing one of the most execution-intensive components of the high-rise residential development.

Construction Timeline and Methodology

Construction activities are scheduled to commence around mid-January 2026, with NCCCL committed to completing the project within approximately 24 months. The company will execute the construction using a monolithic RCC system with aluminium formwork (Aluform), a methodology widely adopted for high-rise residential projects requiring consistency, speed, and structural precision.

Strategic Partnership and Company Background

This mandate represents NCCCL's third collaboration with the Lodha Group, following successful completion of a residential project at Palava spanning approximately 13 lakh sq. ft. across 11 towers, and a commercial building in Thane. Mahesh Mudda, Vice Chairman and Managing Director of NCCCL, emphasized that the selection through competitive process underscores the importance placed on execution capability and planning discipline.

Established in 1946, NCCCL is a Mumbai-based engineering and construction company with extensive experience across residential, commercial, industrial, and institutional projects. The company is ISO 9001, ISO 14001, and OHSAS 18001 certified, following globally recognized standards for quality, environmental management, and occupational safety. In a significant development, Nisus Finance acquired a majority stake in NCCCL through a management-led buyout in August 2025.

Financial Impact and Market Position

The ₹112.50 crore contract value reflects the scale and complexity of the residential tower construction, positioning NCCCL as a key partner in Lodha's development plans for the Mandwa site. This project is expected to contribute meaningfully to NCCCL's order book and revenue pipeline over the next two years, strengthening its position in the premium real estate construction segment.

Consolidated Construction Consortium Limited (CCCL) has announced securing significant new orders worth ₹458.00 crores, marking a substantial addition to its order book. The company disclosed this development through a regulatory filing under Regulation 30 of SEBI LODR Regulations.

Major Order Breakdown

The total order value comprises two key components that demonstrate the company's diversified project portfolio:

Project Specifications

The new orders encompass construction of buildings and factories with significant scale and scope:

Kerala Government Project

The flagship project involves construction of an iconic commercial building in Trivandrum for the Government of Kerala, representing the largest single order component at ₹432.00 crores. This project falls under CCCL's Heavy Civil and Special Projects Division, highlighting the company's capability to handle large-scale government infrastructure projects.

Buildings and Factories Division Performance

The Buildings and Factories Division contributed ₹26.00 crores worth of orders. These orders reflect the company's continued strength in industrial and commercial construction segments across multiple locations in India.

Company Background

Consolidated Construction Consortium Limited was founded by two first-generation entrepreneurs, Mr. R. Sarabeswar and Mr. S. Sivaramakrishnan, both former L&T engineers. Since commencing business in 1997, CCCL has executed more than 950 projects comprising 294 industrial projects, 425 commercial projects, 7 airports, 84 residential projects, and others across 21 states and union territories in India. The aggregate built-up area of the company's projects exceeds 140 million square feet.

The new orders are domestic in nature and do not involve any related party transactions, as confirmed in the regulatory disclosure. The contracts are structured as BOQ-based item rate agreements, providing clarity on execution terms and pricing mechanisms.