Nila Infrastructures (Nila) has entered into a Memorandum of Understanding (MoU) with Department of Urban Development and Housing, Government of Rajasthan at Resurgent Rajasthan 2015 - Partnership Summit. Nila has signed the MOU of Rs 400 crore for construction of urban infrastructure projects including affordable houses under Affordable Housing Policy that allows private developers to get Transferable Development Rights (TDR).
Nila is planning to execute urban infrastructure construction projects including affordable houses on land area of total approximate 40 hectares within Rajasthan over a period of 4 years. Under this MOU, the State Government will facilitate smooth implementation of the project(s) by offering a 'Single Window Service' through concerned local authorities.
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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