Credit rating agency, Brickwork Ratings India has upgraded the Bank Loan Ratings of Nila Infrastructures for the Fund Based Limits amounting to Rs 70.52 crore to ‘BBB+’ with stable outlook and Non Fund Based Limits amounting to Rs 29.42 crore to ‘A2’.
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.