Globe Civil Projects Secures IIT Delhi Construction Bid
Filing Summary
Globe Civil Projects Limited has been identified as the lowest bidder for a construction project tendered by the Indian Institute of Technology (IIT) Delhi. The project involves the construction of a residential building at the IIT Delhi Extension Campus in R.K. Puram, Delhi. The bid, valued at approximately **Rs. 98 Crore**, was submitted under NIT No. 123/IITD/EE(CD-1)/2025-26. The project is expected to be completed within 18 months. All terms and conditions will adhere to the tender document. The company has confirmed that this contract does not involve any related party transactions.
Globe Civil Projects Limited has been identified as the lowest bidder for a tender issued by the Indian Institute of Technology (IIT) Delhi. The tender pertains to the construction of a residential building, including allied services, at the IIT Delhi Extension Campus located in Sector-3, R.K. Puram, Delhi. The tender was opened on February 27, 2026, on the Government E-Procurement System.
The project, identified by NIT No. 123/IITD/EE(CD-1)/2025-26, involves the construction of a building with specifications of 3 basements, a ground floor, and 11 additional floors. The total value of the project is approximately Rs. 98 Crore. The completion period for the project is set at 18 months from the date of commencement.
All terms and conditions related to the project will be governed by the tender document. The contract is awarded by a domestic entity, and the nature of the contract is based on the Bill of Quantities (BOQ). There are no related party transactions involved in this contract, and the promoter group has no interest in the entity awarding the contract.
The letter of allotment for the work order will be issued in due course. Globe Civil Projects Limited has confirmed that the project does not involve any international entities and is entirely domestic in nature.
Indian Institute of Technology (IIT) Delhi is a premier educational institution in India, known for its focus on engineering and technology education. The institution frequently undertakes infrastructure projects to expand and enhance its campus facilities.
Globe Civil Projects Limited specializes in civil construction projects, focusing on infrastructure development across various sectors. The company aims to deliver high-quality construction services, adhering to stringent timelines and regulatory requirements.