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Bouygues wins its first Indian property contract

20 Jan 16 Bouygues Construction has won a contract to build two apartment complexes in Mumbai, India.

A joint venture consisting of subsidiaries Bouygues Bâtiment International and VSL will build the €100m (£76.5m) project, which marks the group’s first development in the property sector in India.

The two upmarket complexes, named Eternia and Enigma, have been designed by HB Design of Singapore. The complexes will provide a panoramic view of the district of Mulund in the northeast of the city.

The two developments will include a total of four towers, providing 1,840 apartments and 4,977 car parking spaces, representing a total floor area of 605,000m2. The 59-storey Enigma will stand 201m high while the 56-storey Eternia will have a height of 192mh. Facilities will included landscaped gardens, swimming pools, squash courts and children’s play areas. The project will target LEED® environmental certification.

Nicolas Borit, Bouygues Bâtiment International deputy CEO in charge of Asia-Pacific, said: “We are thrilled to have been chosen to carry out this massive project in India. The global expertise of Bouygues Bâtiment International coupled with the rich local operation experience of VSL was the key to winning this contract in one of South Asia’s most buoyant markets.”

Works will begin in May 2016, and will involve 2,350 people on site at peak periods. Completion is scheduled for end 2019.

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