Nila Infrastructures has received a work order from Ahmedabad Municipal Corporation (AMC) for the Integrated Slum In-situ Development for PPP Project (Phase-II) of approximate 80 residential units at Ahmedabad under Urban Development & Urban Housing Department, Government of Gujarat’s Slum Rehabilitation and Redevelopment Policy-2013.
The project envisages to rehabilitate about 80 slum-dwelling families living at Sabarmati, Kailashnagar, Ahmedabad in Gujarat. The total area under the project is approximately 4,166 square meters and will be redeveloped in 18 months at a total development cost of approximately Rs 6.80 crore. As consideration, Nila will get the balance vacant land admeasuring about 2,793 square meters on additional payment of an estimated premium of Rs 1.01 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.
