Nila Infrastructures has entered into a MOU with an eminent logistics player and the leading automobile dealer ‘Kataria Group’ to work jointly for acquiring land and developing industrial and logistics parks, units, sheds, plots, residential colonies, and allied infrastructure at various locations situated near the upcoming automobile hub at Bechraji - about 90 kms from Ahmedabad at Gujarat.
As per the MOU both the parties, through joint venture entities, shall acquire and develop land and sale the same to the automobile, logistics and ancillary customers. The fund required by the joint venture entities shall be infused by both the parties in equal proportion in the forms of equity contribution or loan as required.
Nila Infrastructures is a growing entity in the real estate and urban infrastructure space. The company has been engaged in turnkey civic infrastructure constructions, besides the development and marketing of residential real estate schemes.
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|---|---|
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| Dilip Buildcon | 450.15 |
| DLF | 595.85 |
| Oberoi Realty | 1695.70 |
| Ahluwalia Contract(I | 833.35 |
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