Capacite Infraprojects Share Price in Focus; Receives ₹741 Crore LOI From Mahindra Lifespace

Capacit’e Infraprojects has received a Letter of Intent (LOI) worth around ₹741 crore, excluding GST, from Mahindra Lifespace Developers, as per the exchange filing. The order is for construction work on two projects in Mumbai.  

The work covers the core and shell construction of Mahindra Rainforest at Kanjurmarg and Mahindra Beacon Hill at Mahalaxmi.  

₹741 Crore Order 

The new LOI is worth around ₹741 crore, before GST. The company said the order has come in the normal course of its business and is part of its regular civil contracting work.   

Two Mumbai Projects 

Capacit’e will work on two Mahindra Lifespaces projects: 

• Mahindra Rainforest: Kanjurmarg
• Mahindra Beacon Hill: Mahalaxmi 

The company's role will mainly involve the core and shell construction of these projects.  

New Client for Capacit’e 

Mahindra Lifespace Developers will be a new client for Capacit’e. The company said the order shows that major real estate developers are placing trust in its construction and project management capabilities.  

No Related Party Transaction 

Capacit’e said that its promoters, promoter group and group companies do not have any interest in the company awarding the contract. 

Therefore, the order does not come under related party transactions.  

Read More: Fino Payments Bank Share Price in Focus; Receives RBI Approval to Extend Interim CEO Tenure! 

Capacit’e Infraprojects Share Price Performance 

As of August 27, 2026, at 12:55 PM, Capacit’e Infraprojects share price was trading at ₹225.00 per share, reflecting a decline of 1.05% from the previous trading session. 

Conclusion 

Capacit’e Infraprojects has received a ₹741 crore LOI from Mahindra Lifespace Developers for construction work at two Mumbai projects. The order adds a new major real estate client to Capacit’e's portfolio and gives the company more work in its core construction business.  

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