Mumbai, Sept. 18 -- Shares of Hubtown fell 1.62% to Rs 321.50 on the BSE.

The contract pertains to the construction of 25 Downtown an ultra-luxury residential project in Mumbai categorized under super high-rise towers. This repeat order includes the construction of four ultra-luxury residential towers located in Mahalaxmi, Mumbai.

The project features state-of-the-art amenities including a clubhouse and premium penthouses, offering unobstructed views of the Willingdon Golf Course and the Arabian Sea.

This new order is expected to bolster Capacite Infraprojects' order book and strengthen its presence in the ultra-luxury real estate segment.

Rahul Katyal, Managing Director of Capacit'e Infraprojects, said, "We are proud to announce that...