Leighton Asia secures $90 million Mumbai residential tower contractExecutive summary: Leighton Asia has been awarded a $90 million contract to construct a residential tower in Mumbai. The contract underscores strong foreign investment in Mumbai’s construction sector and may stimulate further high‑rise development in the city. Leighton Asia and the unidentified Mumbai developer; local regulators and city planning authorities are also involved. Construction is expected to commence later in 2026, with completion targeted for 2029, pending regulatory approvals.Leighton Asia, a Singapore‑based construction firm, was awarded a $90 million contract by an unnamed Indian developer to build a residential tower in Mumbai. The project represents one of the largest foreign‑investment construction deals in India this year. The award highlights growing confidence in Mumbai’s high‑rise market despite regulatory complexities. No further details on timeline or funding have been disclosed.Connected developmentsEU Parliament approves US trade deal removing most tariffsOpen the full case file on Beyond →
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