HSIIDC Contract Awarded to Deepak Builders (L1).

Deepak Builders & Engineers India Limited has emerged as the L1 (lowest) bidder and subsequently received a Letter of Acceptance for a significant project from the HSIIDC Industrial Estate Karnal Authority. The company will undertake the Planning, Design, Engineering, Procurement, and Construction (EPC) of a Unity Mall at Sector-37, HSIIDC IE Karnal, Haryana.

The total construction cost for the project is ₹120.85 crores (excluding GST), amounting to ₹142.60 crores (with GST). The Letter of Acceptance was dated June 25, 2025.

Deepak Builders is tasked with completing the work within 24 months from the date of commencement. Following the construction, the project will have a 36-month defect liability period and an additional 12 months for operation and maintenance (O&M