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Nila Infrastructures secures order worth Rs 1,072.8 million

13 Oct 2017 Evaluate

Nila Infrastructures has received a work order pertaining to construction contract worth Rs 1,072.8 million from Jodhpur Development Authority (JoDA), Government of Rajasthan (GoR) for construction of Economically Weaker Section (EWS) and Low Income Group (LIG) Houses with G+3 pattern and internal Development as per Model No. 4A (i) of Chief Minister Jan Awas Yojana 2015 at Khasra, Village Barli, District Jodhpur.

The project envisages overall construction of about 1.2 million sq. ft. built-up area and has to be completed within 48 months. The township / complex / campus will comprise total 3,152 residential units i.e. 2,128 for EWS with approximately 325 sq. ft. super built-up area and 1,024 for LIG with approximately 500 sq. ft. super built-up area. The Company will also get the balance vacant land of 7.5 acres towards part-remuneration, once the project reaches 50% completion.

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.

Peers
Company Name CMP
Lodha Developers 1155.00
Prestige EstatesProj 1477.95
Dilip Buildcon 412.15
DLF 670.70
Oberoi Realty 1836.05
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