Construction company Punj Lloyd today said that it has been awarded a contract for the construction of two commercial buildings within Hiranandani Palace gardens, by Hirco group. The project is a part of Hirco's Panvel special economic zone (SEZ) in Maharashtra, and is expected to be completed in within 24 months.
The contract, the value of which is not revealed, entails the construction of two commercial buildings and a podium adding up to a built-up area of about two million square feet. The first of the two buildings, will be completed within 12 months.
Hiranandani Palace gardens is a township which is strategically located close to the recently announced Navi Mumbai International airport. The township will have residential complexes and offices, along with educational, healthcare, retail and entertainment facilities.