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Tag: contract

Capacit’e Secures RS 1203 Crore Contract from Signature Global for ‘Titanium SPR’ Development

New Delhi, 28th October,2024: Signature Global, among one of the India’s leading real estate developers, announced that it has awarded the construction contract for its premium residential project, Titanium SPR at Sector 71, Gurugram. The contract worth Rs 1203 crore has been entrusted to the renowned construction company, Capacit’e Infraprojects Limited.

Spanning across 14.382 acres, Titanium SPR has a total 608 units comprising of 3.5 BHK and 4.5 BHK. Being developed as a two-phase project with a total sales potential area of 3.7 million sq. ft. the first phase comprises 2.1 million sq. ft. was launched in the month of June 2024. The project has garnered an overwhelming response achieving a remarkable pre-sale numberof over₹2700 crore.

Mr. Pradeep Aggarwal, Chairman and Whole-Time Director of Signature Global, said, “Titanium SPRexemplifies our commitment to providing premium living experiences. Despite being one of our first premium projects, it has garnered tremendous response from customers, and we are committed to uphold the highest standards of quality throughout its development. By partnering withCapacit’e Infraprojects, we are confident that Titanium SPR will emerge as a landmark in the Delhi NCR region, offering modern homebuyers the perfect blend of luxury, comfort, and convenience.”

Strategically located in Sector 71, Gurugram alongside Southern Peripheral Road (SPR), Titanium SPR is an iconic development crafted to redefine premium living. The project would offer 26-feet and 28-feet-long decks, along with triple height entrance lobby and 7 lagoon pools designed by renowned international architects, such as DPC from Singapore, MPFP from the USA, Confluence, NMP Design, Senelac Consultants, and Vintech Consultants.

Inspired by Singaporean architecture, Titanium SPR offers features 40-story high-rise towers offering breath-taking cityscape views, with layouts ensuring no balconies overlook each other. The elevated green spaces, such as the sky garden on the 30th floor, and sky terrace on the 40th floor provide serene retreats with panoramic vistas. The project includes over 55 exclusive amenities, from lagoon pools, sensory gardens, a Miyawaki forest, and state-of-the-art recreational facilities. It also hosts Club Elevate that span across 57,000 sq ft with a double-height entry, a multipurpose hall with a pool facing view, fine dining options, a fully-equipped gym, a Zumba studio, spa and sauna facilities, an on-site salon, a co-working space, and other community spaces for its residents, creating a resort-like ambiance within the residential enclave.

Southern Peripheral Road is widely viewed as one of the most promising locations of National Capital Region. At sector 71 Gurgram which is alongside SPR, Signature Global holds prime land parcels at having a developable potential of 17 million sq. ft.

Covestro extends contract with CEO Dr. Markus Steilemann ahead of schedule until 2028

Covestro extends contract with CEO Dr. Markus Steilemann ahead of schedule until 2028

Dr. Markus Steilemann will remain Chief Executive Officer of Covestro for a further five years. The Supervisory Board has extended his contract, which runs until May 2023, until May 31, 2028. Steilemann has been a member of the Covestro Board of Management since September 2015 and its Chief Executive Officer since June 2018.

“Markus Steilemann has provided Covestro with outstanding leadership as Chief Executive Officer during his tenure to date, setting important strategic direction and driving the Group’s sustainable growth. We look forward to continuing our successful cooperation,” said Dr. Richard Pott, Chairman of the Supervisory Board of Covestro AG. “By extending his mandate ahead of schedule, we are emphasizing our confidence in Mr. Steilemann to successfully continue the transformation Covestro has begun to become fully circular.”

Following his contract extension, Dr. Markus Steilemann responds: “I would like to thank the Supervisory Board for the trust it has placed in me. We have restructured Covestro and, together with my colleagues, I look forward to leading the company to a successful and sustainable future.”

In his role as Chief Executive Officer, Steilemann is responsible for the central functions of the company: Strategy, Sustainability & Public Affairs, Group Innovation, Corporate Audit, Human Resources and Communications.

Other members of Covestro’s Board of Management are Sucheta Govil as Chief Commercial Officer, Dr. Klaus Schäfer as Chief Technology Officer and Dr. Thomas Toepfer as Chief Financial Officer.