Globe Civil Projects Limited Secures Rs 98.85 Crore Residential Project at IIT Delhi Extension Campus
New Delhi, February 28, 2026 – Globe Civil Projects Limited, a prominent player in the civil construction and infrastructure development sector, has announced a significant achievement in its project portfolio. The company has been identified as the Lowest Bidder in a tender process initiated by the Indian Institute of Technology (IIT) Delhi for a residential building project at the IIT Delhi Extension Campus, located in Sector-3, R.K. Puram, New Delhi.
Project Overview
The project encompasses the construction of a residential building designed with three basements, a ground floor, and eleven additional floors (3B+G+11). The total value of the project is estimated at ₹98.85 crore, with a stipulated completion period of 18 months from the commencement date.
Tender Process and Award
The tender for this project was officially opened on February 27, 2026, through the Government E-Procurement System. Globe Civil Projects Limited’s successful bid highlights its competitive edge and capability to undertake large-scale institutional projects. A formal Letter of Award is expected to be issued shortly, marking the official commencement of this prestigious project.
Significance of the Project
This development is not only a major expansion of Globe Civil Projects Limited’s order book but also reaffirms the company’s established reputation in delivering complex infrastructure initiatives. The project is anticipated to enhance the company’s leadership position in the public infrastructure domain, ensuring sustained revenue visibility and supporting long-term growth trajectories.
Project Highlights
- Client: Indian Institute of Technology Delhi
- Project Type: Residential Building (3 Basements + Ground + 11 Floors)
- Scope: Construction including allied services
- Location: IIT Delhi Extension Campus, Sector-3, R.K. Puram, New Delhi
- Project Value: ₹98,84,83,276
- Completion Period: 18 Months
- Nature of Contract: BOQ-based
- Entity Type: Domestic
Management’s Perspective
Mr. Vipul Khurana, Managing Director of Globe Civil Projects Limited, expressed his enthusiasm regarding the project. He stated, “Securing this prestigious project with the Indian Institute of Technology Delhi marks a defining milestone for Globe Civil Projects Limited. It reflects the trust placed in our technical expertise, proven execution capabilities, and established track record in delivering complex infrastructure initiatives.”
He further emphasized, “This achievement underscores our unwavering commitment to the highest standards of quality, safety, and timely delivery, while contributing to the creation of enduring infrastructure assets that serve the nation for generations to come.”
Future Outlook
Globe Civil Projects Limited remains committed to expanding its footprint in institutional and public infrastructure projects across India. The company aims to leverage its engineering excellence, disciplined project management practices, and the strength of its robust order book to drive sustainable growth. This approach is expected to consistently enhance long-term value for stakeholders.
Conclusion
The successful bid for the residential project at IIT Delhi Extension Campus marks a significant achievement for Globe Civil Projects Limited. With a focus on quality and timely delivery, the company is poised to contribute meaningfully to India’s infrastructure development landscape. As it embarks on this project, stakeholders can anticipate a commitment to excellence and a dedication to creating lasting infrastructure assets.
Note: This article is based on a press release issued by Globe Civil Projects Limited and reflects the company’s latest developments in the civil construction sector.
