Bhutani Infra Awards Rs 500 CR Contract To BL Kashyap

New Delhi: Realty player Bhutani Infra had awarded a construction contract worth Rs 500 crore to BL Kashyap and Sons for a commercial project in Noida.

BL Kashyap will construct about 22 lakh square feet in Cyberthum project in Noida, as per the contract terms. 

"We have awarded Rs 500 crore construction contract to BL Kashyap for our new commercial project Cyberthum," said Bhutani Infra CEO Ashish Bhutani said in a statement.

The total size of Cyberthum is about 50 lakh square feet.

Bhutani Group has said the company has concluded the construction of its commercial project 'Alphathum' in Noida with an investment of Rs 1,200 crore. About 32 lakh square feet area has been handed over for fit-outs in Alphathum.

The company is developing I-Thum and some other commercial projects in Noida which are under various stages of completion.