Nila lnfrastructures has received a work order from Ahmedabad Municipal Corporation (AMC) for the Integrated Slum In-situ Development for PPP Project (Package-1) of approximate 518 residential units at Ahmedabad under Urban Development & Urban Housing Department, Government of Gujarat’s Slum Rehabilitation and Redevelopment Policy-2013.
The project envisages rehabilitating about 518 slum-dwelling families living at Girdhar Nagar’s ‘B’ Colony, Shahibaug, Ahmedabad. The total area under the project is 15,681 square meters will be redeveloped in 24 months at a total development cost of approximately Rs 41 crore. As remuneration, the company will get the balance vacant land worth Rs 27.50 crore and the Transferable Development Rights (TDR) of Rs 13.50 crore.
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.
