CMRL awards contract for property development buildings at Thirumangalam
CMRL awards ₹447 crore contract to Capacite Infraprojects for TOD property towers at Thirumangalam with a train passing through the buildings.
Chennai Metro Rail Limited (CMRL) has awarded the contract for construction of property development buildings near Thirumangalam Metro Station along the viaduct in open land parcels to Capacite Infraprojects Ltd at a value of ₹447 crore. The contract features a train running through the building, says a release.
The project, which is to be completed within 24 months from the date of commencement, includes civil, architectural finishes, plumbing, E&M, HVAC, Lifts and all associated works.
The Thirumangalam property development project is a distinctive component of the Phase-II network, spanning 3.85 acres, and will feature four towers. This is one of the major Transit-Oriented Development (TOD) initiatives by CMRL, says a release.
The scope of the contract involves construction of four buildings on either side of Corridor 5 Thirumangalam Metro station along viaduct. The tower A & C consists of 3 basements, ground plus nine floors. Tower B will have ground floor plus 9 floors. The tower D consists of ground floor plus two floors. The Phase-II Thirumangalam Metro station is located between Tower B & C. This integrated design aims to provide commuters with seamless access to public transportation within the same complex, the release said.
Source: BusinessLine Economy
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